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2024 Federal Budget

2024-04-22T14:32:47+00:00

2024 Federal Budget Highlights Last week, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, released the 2024 Federal Budget: Fairness for Every Generation. The 2024 federal budget is the government’s plan to build more homes, faster, help make life cost less, and grow the economy in a way that helps every generation get ahead. Highlights include: Canada’s economy continues to show resilience in the face of high interest rates as GDP growth is penciled in at around 3.5% annualized growth for the first quarter of 2024 (7.4% annualized in January, and an estimated 4.9% in February). [...]

2024 Federal Budget2024-04-22T14:32:47+00:00

Government of Canada support will help produce affordable housing solutions

2024-01-18T14:19:16+00:00

More affordable (modular) housing coming to Hamilton with the support of the Government of Canada The Government of Canada announced a $2.5-million investment towards the growth of BECC Modular, a manufacturing company providing turn-key modular homes for affordable housing projects and commercial properties. BECC Modular is coming up with innovative and affordable solutions to increase Canadian housing inventory. Through this investment, BECC will adopt more efficient steel frame manufacturing capabilities for modular home construction. As a result, the company is expected to produce up to 2,200 modular structures per year for single and multi-story buildings across Canada and abroad. [...]

Government of Canada support will help produce affordable housing solutions2024-01-18T14:19:16+00:00

SucroCan Sourcing and HOPA to build Canada’s largest sugar refinery in Hamilton!

2024-05-02T15:42:06+00:00

Hamilton is proud to be chosen as the home for Canada’s largest sugar refinery! HAMILTON, ON – SucroCan Sourcing LLC, a growing integrated sugar refiner, has announced a massive construction project in Hamilton, its plans to build Canada’s largest sugar refinery at the Port of Hamilton, Ontario, on lands owned by HOPA Ports (Hamilton-Oshawa Port Authority). The new refinery will be the largest in Canada, with an expected future annual refining capacity of 1 million metric tonnes, representing an estimated investment of $135 million CAD. “HOPA Ports is thrilled to be working with SucroCan to make this historic investment [...]

SucroCan Sourcing and HOPA to build Canada’s largest sugar refinery in Hamilton!2024-05-02T15:42:06+00:00

City of Burlington secures $21M for Affordable Housing

2024-01-16T14:47:40+00:00

More Affordable Housing heading to Burlington! On January 15 the Government of Canada and the City of Burlington announced a $21 million agreement to encourage more affordable homes for Burlington, built faster. The announcement was attended by the Honourable Minister Karina Gould, MP for Oakville North – Burlington Pam Damoff, Burlington Mayor Marianne Meed Ward and Deputy Mayor of Housing, Burlington Ward 4 Councillor Shawna Stolte. The funding is through the Canada Mortgage and Housing Corporation (CMHC)’s Housing Accelerator Fund (HAF). HAF is an application-based program that provides funding directly to municipalities across the country to incentivize and support [...]

City of Burlington secures $21M for Affordable Housing2024-01-16T14:47:40+00:00

New Hamilton Mountain church a beacon for local Catholics

2024-05-03T17:48:09+00:00

Ira McDonald Construction Ltd. recently gave a tour of this meaningful project Parishioners at Hamilton, Ont.’s newest Catholic church, St. Catherine of Siena, have flocked to the new 30,000-square-foot structure on Rymal Road in overflow numbers since its official dedication Oct. 22. “It’s packed at the masses on Sunday,” said Father Mark Gatto, first pastor of St. Catherine of Siena. The church replaces two others, Our Lady of Lourdes and Corpus Christi, that were merged by the Roman Catholic Diocese of Hamilton. Proceeds from the sale of those properties supported the new build on the eight-acre Rymal Road site. [...]

New Hamilton Mountain church a beacon for local Catholics2024-05-03T17:48:09+00:00

Construction labour pressures ease in November, with notable growth among women

2023-12-12T21:09:30+00:00

Construction labour pressures ease in November, with notable growth among women Data from Statistics Canada’s November Labour Force Survey (LFS) shows employment pressures gradually easing across the country as the year draws to a close. National, all-industry employment grew by 0.1% for the month, adding 25,000 workers. November marked the second consecutive month in which employment gains have been muted. Meanwhile, the national employment rate, which is the proportion of the working-age population that is employed, fell by 0.1 percentage points for the month. Both occurred as the labour force grew by 0.2%, or 78,000 people. As a function [...]

Construction labour pressures ease in November, with notable growth among women2023-12-12T21:09:30+00:00

Construction reports slight year-over-year labour force, employment increases

2023-09-19T19:29:49+00:00

Tight construction labour markets persist in August as labour force growth modestly outpaces employment gains After contracting slightly in July, employment increased by 40,000 (0.2%) in August. Since January, employment has increased by 174,000 (+0.9%) – or by 25,000 on average per month. The LFS data also shows that August’s increase in employment was outpaced by population growth (+103,000; +0.3%). As a result, the national, all-industry employment rate, which is the proportion of the population aged 15 and older who are employed, fell 0.1 percentage points to 61.9%. Canada’s overall unemployment rate was unchanged at 5.5%. This follows consecutive [...]

Construction reports slight year-over-year labour force, employment increases2023-09-19T19:29:49+00:00

Canada announces GST Rebate to incentivize construction of rental homes

2023-09-15T14:26:41+00:00

Enhanced GST Rental Rebate to build more apartments for renters On September 14, 2023, the Prime Minister announced that the government will introduce legislation to enhance the Goods and Services Tax (GST) Rental Rebate on new purpose-built rental housing, to incentivize construction of much-needed rental homes for Canadians. To build more rental housing, the removal of GST will apply to new purpose-built rental housing, such as apartment buildings, student housing, and senior residences built specifically for long-term rental accommodation. This enhancement increases the GST Rental Rebate from 36 per cent to 100 per cent and removes the existing GST [...]

Canada announces GST Rebate to incentivize construction of rental homes2023-09-15T14:26:41+00:00

ICIC construction sector remains resilient

2023-09-06T15:19:46+00:00

Industry still looking to fill jobs despite signs of tight labour market easing While inflation and workforce shortages continue to pose challenges across all sectors, the industrial, commercial, institutional, and civil (ICIC) construction industry emerged as a positive force for Canada’s economy in 2022 and continues to show signs of growth in 2023. These gains could not be achieved without the essential contributions of its labour force, particularly eleven key occupations crucial to its operations. Although labour market tightness began easing in Q2, the current and expected demand for construction and projected future retirements continue to threaten the sustainability [...]

ICIC construction sector remains resilient2023-09-06T15:19:46+00:00

Building more homes in Hamilton

2023-08-02T14:11:51+00:00

Feds give Hamilton $45M to build and fix 214 rental units The Government of Canada is taking real and urgent action to make housing more affordable for Canadians. For students who rent, families who own, and young couples looking to buy their first home, finding an affordable place to live has become increasingly difficult. Prime Minister, Justin Trudeau, and Mayor of Hamilton, Andrea Horwath, announced a joint investment of nearly $64 million from the Government of Canada and the City of Hamilton to build and repair 214 homes for families in Hamilton, Ontario. This announcement builds on the 7,255 [...]

Building more homes in Hamilton2023-08-02T14:11:51+00:00

Hamilton-Halton Construction Association

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