Episode 2: The Interest Rate Squeeze – Financing Challenges in Construction in Uncertain Times
High interest rates are squeezing construction financing, but relief might be on the horizon. As of September 2025, the Bank of Canada’s policy rate holds steady at 2.75%, following gradual cuts earlier in the year (wowa.ca, bankofcanada.ca). Recent weak jobs data has boosted odds of a 25-basis-point cut in September or October, potentially easing to […]
Part 2: The Economic Chill. Understanding the Economic Chill in Construction in Uncertain Times
In our previous installment, “The World at a Crossroads,” we explored how global instability — from wars to trade tensions — is reshaping the construction landscape. Now, we turn our focus inward to the economic forces at play. The economic chill sweeping through Canada and beyond is more than a temporary dip; it’s a profound […]
