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.
Non-residential markets bring down total construction investment in September
Investment in the non-residential building sectors has been on a downward trend since hitting a peak in June. The overall investment market dropped 1.7 percent in September—down from a record high in August.
Construction prices rise with increased volume, supply shortages
The latest report into building construction prices issued by Statistics Canada—for the third quarter of this year—shows that residential construction prices rose 2.4 percent while the cost of non-residential buildings rose 0.4 percent.
Pre-pandemic economic levels at least a year away
The latest economic analysis from financial services provider Central 1 suggests that Ontario’s economy won’t return to pre-pandemic levels before the middle of 2022, as the initial surge in summer restart activity stalls through the end of 2020.
Windsor permit values inch ahead of 2019 pace
The nearly $26 million worth of permits issued by the City of Windsor in October were down from the sky-high total issued a month pervious, and put construction activity for the year to date back ahead of the pace set last year.
Province to spend $62 million on two Etobicoke schools
The investment includes $36 million to build a replacement facility for Bishop Allen Academy, and $26.4 million for the construction of an additional Catholic secondary school in central Etobicoke.