News
News and information from and for Ontario’s construction industry
The Link2Build group publishes news and information about the Ontario construction industry daily. Check here for the latest in trends, developments and insight from a wide variety of contributors, and visit regularly for updated information.
Stelco buying back 13 per cent of its shares from big shareholder for $398 million
The steelmaker says it will buy back and cancel nearly 11.4 million shares from LG Bedrock Holdings LP at a price of $34.93 per share.
Province commits $1M to construction training in North
This funding will provide free training in construction to 645 people to help them prepare for in demand jobs in the construction, mining and forestry industries.
Procore survey: lack of technology adoption creates late, over-budget projects
The survey found that three quarters of projects went beyond owners’ planned budgets, and 77 percent were delivered late. Technology adoption, however, can help close that gap.
Durham BRT project gets $114M in funding
The money will go towards the construction of 7.5 km of dedicated median bus rapid transit lanes, 20 sheltered bus stops at 10 locations, and 7.5 km of bike lanes along Highway 2 in Pickering.
Hamilton airport receives $5M for upgrades
Nearly $2 million of the funding is earmarked for critical infrastructure projects, including the replacement of an aircraft rescue firefighting vehicle and airfield rehabilitation.