Canada’s economy bounced back at record 40% pace in third quarter — but GDP still below pre-COVID level | CBC NEWS

December 01, 2020, by The Canadian Press Statistics Canada said the economy grew at a record annualized pace of 40.5% in the third quarter of 2020 as businesses came out of COVID-19 lockdowns. The previous record for quarterly growth in real gross domestic product was 13.2% in the first quarter of 1965, the agency said.…

Untraditional year ends with an untraditional December: RAHB market saw a sizeable boost | RAHB

January 05, 2021, Press Releases The REALTORS® Association of Hamilton-Burlington (RAHB) reported 913 sales of residential properties located within the RAHB market area in December 2020. Real estate sales in Hamilton-Burlington were down 25.95% over last month, but up 41.6% over December of last year. The average price for residential properties was $729,853, which was…

Construction spending could rebound in 2021 amid government support, report says | CTV NEWS

December 29, 2020, by The Canadian Press Consultants at the international consulting firm, BTY Group says it predicts construction costs will rise 3% to 5% in 2021 for Ontario, British Columbia, and Quebec, with lower spending levels in Alberta and Manitoba amid new restrictions from the COVID-19 pandemic. BTY estimates that construction costs in Saskatchewan…