Kelly Rhodenizer, senior vice-president of development at Colonnade BridgePort, said Tuesday that with U.S. tariffs imposed on Canadian goods expected to trigger a retaliation from Canada, the cost of everything from appliances to steel rebar will likely go up.
Here are six of 30 city-building projects that are planned or currently underway in Ottawa and throughout Eastern Ontario. For the full list, check out our City Building 2024 magazine.
Solving a longstanding construction worker shortage will be key to boosting housing supply, experts say, as Canada's national housing agency continues to forecast housing start levels that fall short of growing demand.
The agency says combined housing starts in the Toronto, Vancouver, Montreal, Calgary, Edmonton and Ottawa regions dipped 0.5 per cent compared with 2022, totalling 137,915 units, as apartment starts grew seven per cent to reach a record 98,774 units.
The provincial government’s pledge this week to invest more than $1.8 billion to help build at least 1.5 million homes across Ontario by 2031 will be a welcome boost as Ottawa scrambles to address its housing shortage, a group representing the city’s biggest homebuilders says.
Finance Minister Chrystia Freeland is set to present the fall economic statement on Tuesday, a document that will make billions in loans available for homebuilders and earmark a fund for affordable housing.