Construction Costs
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Beleaguered North Shore wastewater plant will now cost nearly $4B: Metro VancouverThe new $3.86 billion price tag is up from the last estimate of $1 billion as of 2022 and nearly eight times the initial projection of $500 million.PoliticsMar 22
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Sask. NDP calls on government to remove PST on construction labourNDP Leader Carla Beck said Thursday the tax that’s currently in place makes construction projects more expensive and fails to make the province competitive.CanadaMar 2, 2023
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Canadian homebuilders are setting a torrid pace. Can it last as interest rates rise?Housing starts have been hot in recent months. But with rising interest rates, experts say a cooling is on the horizon. Here's what that means for Canada's home supply crunch.EconomyOct 18, 2022
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Inflation fallout hitting Saskatchewan construction industryWith inflation costs, the Saskatchewan Heavy Construction Association is calling for government relief saying contracts signed in the fall don't represent the reality of today.CanadaApr 27, 2022
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New central Ottawa library is $141M over budget due to construction costs: reportOttawa's new central library is facing ballooning costs due to pressures on the construction industry, pushing the city to contribute an extra $64 million to the project.MoneyOct 14, 2021
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‘Steel studs, roofing, interior doors’: Manitoba Home Builders’ Association on material price increaseHomebuilders have experienced production delays due to a price increase on various building materials, Manitoba Home Builders' Association president Lanny McInnes told Global News.EconomyJun 16, 2021
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Plans for YMCA in Surrey’s city centre scrapped due to soaring construction costsSince the YMCA development was first brought to the table six years ago, the City of Surrey says costs have climbed to $75 million.CanadaMay 20, 2020
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Edmonton councillor worries about construction costs, delays due to COVID-19Coun. Mike Nickel is asking questions about potential supply-chain problems in light of coronavirus and how they could hurt Edmonton's construction projects.PoliticsMar 10, 2020
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Unexpected issues raise cost of Stanley Milner Library renovationsCrews working on the library renovation project downtown found issues with the foundation, mechanical systems, rebar and fire suppression systems.MoneySep 13, 2017
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