JLL charts strong Toronto industrial market – constructconnect.com

Notable starts include Building B at Crestpoint’s GTA East Business Park at over 700,000 square feet and a 750,000-square-foot project by Broccolini and Investors Group at 11233 and 11319 Derry Rd. The two largest buildings to break ground this quarter were both fully leased, to H&M in Ajax and Lowes in Milton. © 2022 ConstructConnect […]

Procurement Perspectives: Working in a market-based economy – constructconnect.com

Since municipalities generally benefit from receiving more competitive bids than less, the onus falls upon the purchasing department of each municipality to provide reasonable support to bidders, so that the maximum number possible are put in a position to submit a competitive quote for a tender or RFP. The rules that must be followed to […]

Meta’s data centre in Temple is part of Texas’ growth trend – ConstructConnect Canada

The recent announcement of a new data facility in Temple, Texas, for social media giant Meta, is further proof that the state is on a data centre roll. Temple is located midway between Dallas/Fort Worth and Austin, an area comprised of 28 million people all within a 2.5 hour reach. Construction over the next two […]

Veterans Delta CleanTech on carbon capture: ‘Utilization is the key’ – constructconnect.com

“In the early years there was a good solid community of followers of the technology, people that wanted to see CO2 capture work,” said Lionel Kambeitz, one of the company’s founders. The company has become an expert in CO2 carbon capture, solvent and glycol reclamation, and carbon credit origination and trading. “There are several emerging […]

Global Market Scan: Caterpillar’s quarterly results indicate challenging 2022 for global construction

In most cases, strong revenue and earnings announcements in quarterly reports push share prices to higher levels. This upwards pressure related to costs resulted from the combination of increased rates for freight, higher prices of materials and increased production expenditures. First, the global economic recovery and the post-COVID reopening of various sectors will result in […]

Energy, Real Estate and Financials Headed Stock Market Gains in 2021 – ConstructConnect Canada

Never mind the pandemic or the fact rampant inflation is causing central banks to consider bringing forward interest rate hikes, the Dow Jones Industrial index and the S&P 500 both established new record highs in December. He has delivered presentations throughout North America on the U.S., Canadian and world construction outlooks. © 2022 ConstructConnect Canada, […]

Bitcoin mining to heat North Vancouver buildings – constructconnect.com

The city uses a hydronic district energy system that delivers heat to 100 residential and commercial buildings. In 2019, North Vancouver council passed a motion for the city to increase its greenhouse gas reduction targets to achieve net-zero by 2050 and reduce emissions by 80 per cent below 2007 levels by 2040. © 2021 ConstructConnect Canada, […]