Killam School Building Committee rejoices as construction bids come in way under budget Homenewshere.com
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Investment in building construction saw a significant year-over-year increase of 7.8% in April 2026, reaching a total value of $23.6 billion. This growth was primarily driven by the residential sector, which outpaced the non-residential sector with a 3.1% monthly gain. These figures, released by Statistics Canada, highlight a resilient construction market despite varying performance across different provinces and sub-sectors.
July 1, 2026Portland city officials are appearing in court regarding the construction of the Trelawny building. The legal proceedings highlight potential regulatory or permitting disputes that can impact local development projects. For the construction and building sector, such cases underscore the importance of compliance and the legal risks associated with municipal oversight. This development serves as a reminder of how litigation can disrupt project timelines and affect stakeholder relations in the built environment.
July 1, 2026The potential addition of a helipad to the White House grounds represents a specialized infrastructure project requiring coordination between federal agencies and aviation engineers. For the construction and building industry, such a project would involve navigating unique regulatory hurdles and high-security site constraints. The development of aviation facilities on historical federal property typically requires adherence to stringent environmental and structural standards.
July 1, 2026The Building Cost Information Service (BCIS) has released a five-year forecast predicting that building costs will rise by 13.1% and tender prices by 15.5% by the second quarter of 2031. This outlook reflects a complex environment where inflationary pressures from energy and materials are being tempered by weak market demand, which remains the dominant force affecting the sector. These projections are critical for the construction industry as they signal a period of gradual recovery following an expected contraction in new work output during 2026.
June 30, 2026