2 d. ago Ontario’s unemployment rate jumps to 7% even as ‘moderate’ job creation continues

A new report from the Financial Accountability Officer of Ontario found that new jobs were created in 2024, although the rate of growth slowed from previous, record-breaking years.

Other

9 d. ago Q&A: Answering important questions about tax fraud in Toronto's construction industry

Construction in Toronto is a huge business — a $1-billion business, to be exact. With so much money flowing into this industry, there are plenty of contractors looking to keep some cash for themselves at the expense of workers' rights.Being paid off the books in cash is one of the oldest practices in the business, and it's a strategy some contractors use to evade taxes. Importantly, this common practice results in an "underground economy" where GTA workers have fewer rights on job sites — impacting their safety and equitable pay.This practice is so widespread that, for many general contractors, it quietly becomes an understood expectation. So much so that not only do we see it on GTA housing projects, but even workers on government-funded capital projects like bridges and highways are being paid in cash under the table.Stopping the fraudThe scale of this issue, and the general knowledge gap amongst the p...

Economics

2 w. ago Procore’s Future State of Construction Report Reveals How AI, Automation, and Workforce Shifts are Shaping the Industry

CARPINTERIA, Calif. — Procore Technologies, Inc. (NYSE: PCOR), a leading technology partner for every stage of construction, today released its first ever Future State of Construction Report, offering a data-driven look at the key trends and challenges shaping the construction industry across the next decade. The inaugural report pairs extensive research and expert analysis from […]

Other

3 w. ago Prospera, Coast Capital and Sunshine Coast Credit Unions Announce Intent to Merge, Creating Canada’s Largest National Purpose

Three BC-based credit unions unite to power the future for their collective members, employees and communities A stronger national purpose-driven credit union creates more value for members and employees and more choice for Canadians With combined strength comes the ability to invest in more products, services and digital banking technology Deep-rooted commitment to local communities […]

Economics

3 w. ago Hyphen Solutions Showcases ‘The Power of Connected Data’ at IBS 2025 in Las Vegas

DALLAS — Hyphen Solutions, the industry leader in residential construction software solutions, proudly exhibited at the International Builders’ Show (IBS) 2025 in Las Vegas, showcasing how “The Power of Connected Data” is transforming the industry. Hyphen’s presence at IBS 2025 focused on the Hyphen Hub — the gold standard in comprehensive residential construction software solutions […]

Other

3 w. ago Canada Construction Industry Databook 2025: Residential, Commercial, Industrial, Institutional, Infrastructure, City Level Market Size & Forecasts by Value & Volume 2020

DUBLIN — The “Canada Construction Industry Databook – Market Size & Forecast by Value & Volume, 40+ Market Segments Across Residential, Commercial, Industrial, Institutional, Infrastructure Construction, City Level Construction by Value and Construction Cost Structure, Q1 2025 Update” report has been added to ResearchAndMarkets.com’s offering. Construction market in Canada is expected to grow by 3.9% […]

Economics

3 w. ago Residential sector drives employment growth in PEI’s construction industry to 2034, with mostly balanced labour markets projected

OTTAWA, Ontario, March 31, 2025 (GLOBE NEWSWIRE) — Both the residential and non-residential construction sectors in Prince Edward Island recorded growth in 2024, with the former elevated by growth in new construction and the latter supported by growth in the construction of industrial, commercial, and institutional (ICI) buildings. Released today, the BuildForce Canada 2025–2034 Construction […]

Economics

3 w. ago Strong growth in residential activity in Nova Scotia drives construction employment demands higher to 2034

OTTAWA, Ontario, March 31, 2025 (GLOBE NEWSWIRE) — Construction activity in Nova Scotia recorded another strong year in 2024, with both the residential and non-residential sectors reporting gains in activity over the previous year. The former was elevated by gains in new-housing and renovation activity, while the latter saw strong levels of activity in both […]

Other

3 w. ago Growth is forecasted across New Brunswick’s construction sector, and replacing retiring workers may be challenging

OTTAWA, Ontario, March 31, 2025 (GLOBE NEWSWIRE) — Construction activity in New Brunswick increased in 2024, as the province’s residential sector saw growth in both the new housing and renovation components, while its non-residential construction sector saw growth in both engineering construction and the construction of industrial, commercial, and institutional buildings. BuildForce Canada released its […]

Society