Canada's construction news
It’s no secret North America is in the throes of a housing crisis with government at all levels setting targets and trying to come up with strategies to address it. Labour shortages, supply chain concerns, funding and unrealistic timelines are all real challenges the construction industry faces in responding to the demands of this crisis.
The Daily Commercial News has been exploring the many facets of the crisis. See our ongoing coverage below. Be sure to check back for regular updates to this page.Federal Finance Minister Chrystia Freeland reiterated her government’s recent headline focus on building millions of new homes as she delivered the Liberal government’s Budget 2024, a document titled Fairness for Every Generation.
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Airbus Hires Former JetBlue CEO Robin Hayes to Lead North America UnitAirbus SE hired Robin Hayes, the former chief executive officer of JetBlue Airways Corp., to lead its operations in North America.
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Mercedes-Benz Toronto Queensway is 1st AMG brand centre in North AmericapThe new store at the west end of Toronto, abutting Highway 427 and flanked by a stretch of the Gardiner Expressway traversed by tens of thousands of drivers daily, covers about 135,000 square-feet (12,500 square-metres). /p
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Total Solar Eclipse Thrills North AmericaA total solar eclipse raced across North America, thrilling those lucky enough to witness the spectacle through clear skies.
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Scotiabank CEO Calls for Increased Business Links Across North AmericaScotiabank's CEO, Scott Thomson, suggests that Canada's productivity can be improved by establishing connections between businesses in North America. He emphasizes the importance of this strategy in the bank's turnaround plan, as the country's low productivity and business investment levels pose a threat to inflation and living standards. Thomson proposes connecting businesses to facilitate deals, trade, and lending opportunities across Canada, the United States, and Mexico to boost productivity.
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L’Oreal Bounces Back as Europe, North America Offset Weak ChinaL’Oreal SA reported better-than-expected first-quarter sales as strength in Europe and North America helped offset a slowdown in Chinese consumer demand.
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Cocoa Hits New Record as North America Grinds Defy ExpectationCocoa futures in New York touched a fresh record as the pace of processing in chocolate factories holds up despite a global supply crunch and record prices.
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