Category: Economy

Canada is embroiled in a bitter trade war with the U.S., putting immense pressure on countless businesses. The U.S. is now imposing 25% tariffs on all goods imported from Canada, with a 10% tariff on energy and critical minerals. Canada has responded with its own tariffs in retaliation.

If you are looking to support Canadian construction businesses during the crisis, check out our list of producers. They make everything from steel girders to steel-toe boots. And if there is a made-in-Canada company that you think should be featured, let us know at hello@readsitenews.com.

Steel

Algoma Steel was forged in 1901 with two small blast furnaces, a 60-ton Bessemer furnace, a 23- inch bloom rolling mill and rail mill. It has since grown into a fully integrated steel producer based in Sault Ste. Marie, Ont. The company manufactures and sells hot and cold rolled steel products including sheet and plate.

Canam Steel Works Inc. was founded in St. Gédéon de Beauce, Que. in 1960. Despite a series of devastating fires, the company persisted. The company says it has been involved in more than 300,000 Construction projects in North America.

Solid Rock is a classic immigrant success story. Berend Steunenberg learned the metal fabricating trade while growing up in Holland and and took his skills to Vancouver in the 1950s. Now the company is helping tackle large, complex projects like The Butterfly, the Surrey Central Library and Microsoft’s Vancouver headquarters.

Stelco is a long-standing integrated steel producer in Canada, primarily focusing on flat-rolled steel products. They produce hot-rolled and cold-rolled steel as well as coated products, serving industries such as automotive, construction, and energy.

AltaSteel, located in Edmonton, Alberta, specializes in producing high-quality steel products for industries such as construction and energy. The company plays a vital role in Western Canada’s steel industry by supporting local businesses and infrastructure projects.

Supreme Steel is headquartered in Acheson, Alberta, near Edmonton. It is the largest privately owned steel fabricator in Canada and provides services such as engineering, fabrication, and installation for industrial and commercial projects. Supreme Steel has contributed to iconic projects like the Port Mann Bridge and Anthony Henday bridges.

George Third & Son is a prominent steel fabrication company based in Burnaby, British Columbia, Canada. Founded in 1910, the company has over a century of experience in the steel industry.

Wood

Interfor Corporation, founded in 1963 and based in Vancouver, is one of the largest lumber providers globally, with 21 mills across North America. Interfor’s operations span British Columbia, Ontario, Quebec, and the U.S. South, producing a wide array of wood products, including softwood lumber and engineered wood.

West Fraser Timber Co. Ltd., founded in 1955 in B.C., has grown to become one of the largest lumber producers in the world. The company operates over 60 mills across Canada, the U.S., and Europe, producing a wide range of wood products, including softwood lumber, plywood, OSB, and engineered wood.

Nordic Structures, based in Montreal, has worked on many projects in the U.S. and Canada, including Canadian Nuclear Labratories, Plate 15, Paul Mercier Library and more. Since 1961, Nordic has been using trees to make construction materials at its industrial complex in Chibougamau.

Canfor Corporation is a forest products company headquartered in Vancouver, B.C. Founded in 1938, Canfor specializes in producing lumber, pulp, and paper products, serving markets across North America, Asia, and Europe. The company operates numerous sawmills and pulp mills, with a strong presence in B.C., Alberta, and the U.S. South. In 2019, the Jim Pattison Group, one of Canada’s largest private companies, became Canfor’s majority owner, ensuring it remains Canadian-owned.

Tolko Industries Ltd., established in 1956 and based in Vernon, B.C., is a family-owned company that has grown into a significant player in the North American wood products industry.

Western Forest Products specializes in high-value, specialty lumber from the coastal forests of British Columbia. They serves niche markets like marine applications, custom homebuilding, and furniture manufacturing.

Stella-Jones, based in Montreal, Quebec, specializes in producing pressure-treated wood products, particularly utility poles and railway ties. They also manufacture lumber for residential construction. In 2025, Stella-Jones reported revenue of $2.5 billion.

Heavy equipment

Tigercat is a privately owned, vertically integrated Canadian corporation with deep expertise in engineering, fabrication, manufacturing, and the support of machinery suited to severe duty applications. The off-road industrial product line includes land clearing, silviculture and site preparation equipment as well as other specialized severe duty carriers used in a variety of industries including utilities, oil and gas and construction.

MacLean Engineering, based in Ontario, manufactures a range of underground mining machinery, which is also used in construction projects, particularly in tunnel construction and underground operations. Their machinery includes mobile mining equipment, bolters, scissor lifts, and other safety-focused tools.

Foremost is a Canadian company that manufactures heavy-duty construction and industrial equipment. Located in Calgary, Alberta, their product range includes drilling rigs, vacuum trucks, and specialized equipment for construction and mining applications.

Cement/Concrete

Béton Provincial Ltée, a Quebec-based family-owned company established in 1960, stands out in Eastern Canada for its diverse, high-quality concrete and paving products. They focus on a personalized customer approach and boast a wide distribution network, supplying construction projects across the region. In recent news, Béton Provincial made headlines by acquiring assets from CRH Canada, further solidifying their position in the market.

Federal White Cement, based in Woodstock, Ontario, specializes in white Portland and masonry cement for the construction industry. This family-owned company prioritizes innovation, offering traditional and eco-friendly white Portland cement options alongside white masonry cement.

Miller Cement supplies bulk Portland cement and specialty cementing materials. The Ontario-based company emphasizes sustainable practices and control their delivery process across the province.

Ciment Québec, boasting one of the most modern cement plants in North America, is a key player in Quebec’s construction industry. Their offerings include cement, concrete, construction materials, and aggregates. 

BM Group, based in B.C., has more than 40 years of history supplying Canada with concrete. It boasts expansive ready mix facilities and a constantly growing fleet. Alongside concrete supply is its precast manufacturing operation which offers a vast catalogue of precast concrete products.

Tools/gear

Gray Tools focuses on manufacturing hand tools for accomplished tradespeople. Founded by Alex Gray in 1912, the company offers over 6,000 hand tools designed for the specific work and needs of the professional user under two brands: Gray and Dynamic Tools. They are Canada’s only broad line manufacturer of hand tools.

Task Tools is a Canadian company founded in 1968, based in Delta, British Columbia. It is a family-owned and operated business that specializes in developing high-performing, quality tools for construction professionals. Task Tools offers three brands: TASK Signature, TASK, and Tuf-E-Nuf.

JessEm Tools manufactures precision woodworking tools. They are Canadian-owned and produce their tools in New Brunswick.

Rolgear Manufacturing produces a patented toothless ratchet system used in hand tools such as screwdrivers and socket wrenches. They are located in Ashcroft, B.C.

Tiger Torch manufactures propane and natural gas blow torches near High River, Alberta.

Veritas Tools produces high-quality woodworking hand tools, including planes, sharpening tools, joinery saws, marking and measuring tools, chisels, and carving tools. The Ontario company boasts 1250 products and more than 100 patents.

RAD Torque Systems is a Canadian manufacturer of pneumatic, battery powered, and electronic pistol grip torque wrenches which are marketed under the RAD trademark. RAD products are used in oil & gas, petrochemical, mining, aerospace, power generation and manufacturing.

Busy Bee Tools, a proudly Canadian-owned and operated company, has been specializing in woodworking, metalworking, and industrial tools since 1976. Headquartered in Concord, Ontario, the company has expanded nationwide with locations in Ottawa, Mississauga, London, Dartmouth, Pickering, Barrie, and more.

Perma Pouch Inc. specializes in designing and manufacturing leather tool belts and pouches. The Burnaby, B.C. company’s products are 100% Canadian-made, focusing on durability and functionality for tradespeople. Perma Pouch is known for its commitment to local production and high-quality craftsmanship.

Impact Poly Hammers is a Saskatoon-based company that produces professional-grade soft-faced dead-blow hammers. Their hammers feature increased steel frame construction and fully welded heads. They offer a variety of sizes and are known for their durability, with some users reporting their hammers lasting for 15 years without significant wear.

Akribis Leather designs and manufactures rugged, high-quality tool belts specifically for tradespeople. Founded by Luke Riemer, the Summerland, B.C. company started with custom-made belts tested in the harsh conditions of the Okanagan Valley. 

Personal protective equipment

Canada West is a 47-year old boot manufacturer that has a variety of styles for steel toe work boots. Based in Winnipeg, Canada West states that making Goodyear welted footwear may not be the easiest way to make a boot or shoe, but they still believe it is the best way. Especially for heavy-duty work boots and western boots used throughout Canada.

Big Bill is a fourth-generation family business and a brand of Codet Inc., dedicated to producing high-quality workwear for over 75 years. Founded by Charles E. Audet in Coaticook, Quebec, the company has grown into a North American leader with four specialized divisions: workwear, outdoor clothing, flame-resistant apparel, and safety footwear.

Superior Glove is a Canadian company specializing in hand protection. Based in Acton, Ontario, they manufacture a wide range of gloves for industrial applications, including cut-resistant and heat-resistant options. They are one of the largest glove manufacturers in North America with a strong focus on local production.

Dynamic Safety produces above-the-neck PPE for industrial applications. The Quebec company manufactures hard hats, ear muffs, and other safety equipment designed for workers in construction, manufacturing, and other industrial sectors. Dynamic Safety continues to operate its manufacturing plant in Laval, focusing on North American production.

Covergalls is a Sudbury, Ontario manufacturer of industrial PPE and workwear designed specifically for women. Founded by Alicia Woods in 2013, the company has grown significantly and now produces a wide range of PPE products tailored to women’s needs in various industries.

Tatra is a 100% Canadian-made work boot manufacturer based in Dunnville, Ontario. They produce high-quality, hand-crafted CSA work boots and emphasize their commitment to supporting fellow Canadians by providing quality work boots and jobs. As of February 28, 2025, Tatra continues to manufacture their boots entirely in Canada.

Mellow Walk, located in Toronto, Ontario, produces safety footwear including work boots and shoes. They offer a range of styles, from steel-toe work boots to composite toe athletic work shoes, all manufactured in Canada.

Royer, based in Lac-Drolet, Quebec, has been manufacturing work boots since 1934. They offer a “Made in Canada” line that guarantees the product was made in their Lac-Drolet factory from top to bottom.

Hardware

Leland Industries is one of Canada’s leading manufacturers of fasteners, including nails, bolts, nuts, and screws. The B.C. company specializes in providing high-quality steel fasteners for a variety of industries, including construction, automotive, and industrial applications.

Can-Eng Manufacturing specializes in cold-heading and forging processes to produce nuts, bolts, screws, and other metal products. Their fasteners are used in industries such as construction, automotive, and energy.

Pacific Bolt is the largest bolt manufacturer in Western Canada. They produce construction fasteners and anchors using domestic steel.

Canadian Stainless Fasteners Inc., based in Pitt Meadows, BC, has been supplying and distributing fasteners since 1995. While primarily a distributor, they also offer custom design services for fasteners.

After weeks and weeks of threats, delays and changes, U.S. President Donald Trump has launched his trade war against Canada. Here’s what you need to know.

What is impacted: The U.S. is now imposing 25% tariffs on all goods imported from Canada, with a 10% tariff on energy and critical minerals. This includes a plethora of products but let’s focus on two of the big ones.

• Wood – In 2020, 67% of Canada’s softwood lumber production was exported, with 84% of these exports destined for the U.S. In 2024, the United States imported wood and articles of wood, including wood charcoal, from Canada totaling approximately $11.59 billion.
• Steel – In 2024, the U.S. imported approximately $7.69 billion worth of iron and steel products from Canada, making us its largest supplier. However, Steel is facing a double whammy. In addition to the current tariffs, Trump plans to implement 25% more tariffs starting later this month, meaning Canadian imports would have a 50% tariff placed on them.

Both ways: Canada has fired back with immediate matching tariffs on $30 billion worth of American goods. For construction, this includes:

• Sands for concrete
• A variety of plastics used in building products
• Floor coverings
• Engineered wood products
• Construction equipment tires
• Hand tools
• Power tools
• Lighting fixtures
  

After a review period of 21 days, Prime Minister Justin Trudeau has promised to raise this retaliation to impact $155 billion worth of American goods.

What you can expect to see:

• Business closures – Communities with large dependence on industries that mainly export to the U.S. are in trouble. This is especially true for eastern steel/aluminum producers who are facing double the tariffs. Steel orders were already slowing and at least one plant making electrical cables has shut its doors.
• Job losses – A report by the Washington-based Brookings Institution predicts the tariffs could kill 510,000 Canadian jobs. Canadians are much more pessmistic. Quebec says it could lose up to 100,000 jobs if the tariffs remain in place for six months and up to 160,000 if they last a year. Ontario believes 500,000 jobs are at risk in Ontario alone.
• ‘Buy Canadian’ movements – We have already seen multiple provinces float policies that would ban U.S. procurement. Ontario has shredded a $100M contract with StarLink and economists have encouraged builders to get goods from Canadian producers as much as possible.
• Higher construction costs – Countervailing tariffs could cause increases in construction costs say home building groups. Canada imports some $3.5B in glass and glass products, $3.1B in major appliances, $2.2B in hardware, and about $1B in ceramic tile and products. Our second phase of tariffs, slated to come into place after 21 days, currently includes steel and aluminum. Canada imports some $17B of steel and aluminum. 
• Increased public sector work – With a federal election on the horizon, some economics experts believe candidates will have little choice but to make up for economic hit from tariffs with government spending, including large public infrastructure projects. This could provide opportunity for builders to have steady work and create jobs.
• Recession – Yep, that dreaded word. Economists say if these tariffs contine, the nation will likely be plunged into a full-blown recession this year.

In the days leading up to the tariffs showed a consistent decline in the Canadian stock market, with a notable dip following the tariffs and counter tariffs.

The response from the construction sector has been swift, with many warning that retaliating with our own tariffs could be catestrophic. Here’s what industry leaders are saying:

While Canada’s retaliatory tariffs are understandable, all considerations regarding the industry and housing supply and affordability should be considered, with an emphasis on avoiding tariffs on construction products and materials, unless other domestic or import solutions can be easily found for comparable prices. Governments can also help offset the impact that countervailing tariffs will inevitably have on housing affordability by removing the GST (and PST/HST) on new construction, as well as lowering development taxes at the municipal level, particularly in those municipalities with extremely high development taxes.

Canadian Home Builders’ Association CEO Kevin Lee

These tariffs present a significant risk for the construction industry. This likely means increased costs for homebuilding and trade-enabling infrastructure, impacts to our supply chains and trading relationships, and a weakening of our economic development and productivity. While the federal government is right to respond in kind, CCA reiterates its call for all governments to consider economic measures to support Canadian businesses and stimulate our economy, in consultation with industry. 

The Canadian Construction Association

Canadian retaliation, while understandable in the circumstances, will magnify the blow to our economy by raising costs/prices for consumer goods and business inputs. This is particularly true given that the U.S. is the number one source of Canadian and B.C. imports.

Jock Finlayson, Senior Economist, Independent Contractors and Businesses Association

And so it begins. A trade war with no winners. Critical that we stay calm, calulated, respond thoughtfully and lets not overreact. Hard to know the impact, with such policy volatility, but I suspect potentially less than some fear. In the end moves like this, that make so little sense, are unlikely to last. 

Jon Love, Founder, KingSett Capital

Breaking internal barriers: There have also been calls to make provincial trade easier by cutting inter-provincial red tape. Last week, officials told the provinces and territories Friday that Ottawa will remove more than half of federal internal trade barriers in an effort to make the nation less reliant on the U.S. Statistics Canada data shows that the most commonly reported obstacle to interprovincial trade was the cost of transportation for both businesses purchasing (27.4%) and selling (23.2%) goods or services.

Deja vu: In 2018, the Trump administration imposed significant tariffs on Canadian steel (25%) and aluminum (10%) imports, citing national security concerns under Section 232 of the Trade Expansion Act. Canada retaliated by imposing tariffs on $12.6 billion worth of U.S. goods, including steel, aluminum, and various consumer products. This trade conflict resulted in economic disruptions for both countries, with Canadian exports of steel to the US dropping by nearly 40% in the first month of implementation, while economists estimated at least 75,000 job losses across the U.S. manufacturing industry by mid-2019.

The Canadian Homebuilders’ Association (CHBA) has released its 2024 Municipal Benchmarking Study that examines how local development processes, approvals, and charges impact housing affordability and housing supply in major housing markets across the country.

The study benchmarks municipalities based on three key development features:

• Municipal fees charged on new residential development
• Length of time for residential development applications to move through the development application process
• Features in place to help applicants navigate the development application process.

The previous edition of the study was conducted in 2022. This edition of the study provides further detail on how a municipality’s performance on these measures influences housing outcomes, including affordability and availability of housing for young families, and the total cost implications of these municipal processes and policies. The study also includes the indirect costs to the construction process that accumulate on a development as its application goes through the application process.

“Development charges, delays, and inefficient processes at the municipal level directly impact the price of homes and how many are built,” said CHBA CEO Kevin Lee. “The purpose of this study is to facilitate dialogue with all levels of government, but particularly with municipal governments, on the effects of longer timelines, higher fees, and the level of efficiency of processes on housing affordability and outcomes. This report also offers insight into best practices that municipalities can adopt to help improve their housing affordability and supply. It also points to ways that the provincial and federal governments can continue to drive and support change at the municipal level,”

The report’s key findings include:

• The cities of Edmonton, Halifax, and London rank highest overall.
• When looking at the municipalities ranked in the bottom ten, seven are in Ontario, and two are British Columbia’s largest municipalities that were studied.
• Municipal fees charged on new residential developments went up by an average of $27,500 for a low-rise home since the 2022 study, raising the new average in Canada for municipal fees in these cities to $82,600 (ranges from $8,700 to $195,000) at the time of the 2024 study.
• Municipal fees charged on new residential developments went up by an average of
  $3,000 for a high-rise home since the 2022 study, raising the new average in Canada at the time of the 2024 study to $35,000 (ranges from roughly $1,600 to $134,400).
• The 2022-2031 period is on track to be the decade with the fewest homes built per new persons added to the Canadian population since at least 1972.
• A combination of a challenging economic backdrop and costly application processes are leading to fewer application submissions.
• Application submissions have fallen significantly since peaking in 2021, in both Ontario and British Columbia. The decline has been driven by site-plan and/or development permit applications.
• In contrast, more affordable markets, such as Alberta, have experienced an increase in application submissions.
• Approval timelines improved marginally from the previous study but remain high, and in some cases the improvement is likely simply because of fewer applications being submitted.

“More needs to be done to address the housing crisis in Canada. The CHBA Benchmarking Study points out the barriers to getting more homes built and ways in which these barriers contribute to the cost of a new home,” stated Lee.

For more information on CHBA’s Municipal Benchmarking Study, visit chba.ca/municipal-benchmarking/.

Key Takeaways:

• The merger between Graham Group and XL Industries (XLI) strengthens Graham’s U.S. presence and expands both companies’ capacity in key growth sectors. This immediately boosts Graham’s annual revenue, backed by a $1.4 billion project backlog.
• Both companies emphasize innovation, quality, and reliability while maintaining a strong commitment to local communities, workforce development, and sustainable building practices.
• The merger allows both companies to leverage technological advancements, broaden service offerings, and enhance workforce capabilities to meet the evolving demands of the construction industry.

The Whole Story:

Graham Group has completed a merger with XL Industries (XLI), a northern California-based construction company, expanding both companies’ delivery capacity in key growth sectors and strengthening Graham’s U.S. footprint. The merger will result in an immediate boost in Graham’s annual revenues supported by more than $1.4 billion (USD) in project backlog. 

Headquartered in Milpitas, California, with additional offices in Oakland and Sacramento, XLI encompasses a diverse family of companies: XL Construction, Bradley Concrete, Elevated Construction Services, TimberQuest, and Arrow Rental & Supply.

“This merger is an exciting step forward for both companies,” said Andy Trewick, CEO of Graham. “By joining forces, we’re growing our market presence and bringing even more innovation to the industry. XL Industries is known for its reliability and commitment to quality, just like us, making this partnership a great fit for both teams. There is no question that our combined strength, talent and innovation will grow our leadership in the industry.” 

Beyond the business advantages, both Graham and XLI stated they share a deep-rooted commitment to the communities where they operate. The companies have long supported local initiatives, workforce development, and sustainable building practices that contribute to the long-term success of the regions they serve. 

“We’re excited to take this next step with Graham,” said Richard Walker, President and CEO of XL Industries and now Graham’s EVP, US Buildings division. “This next phase for our business gives us the opportunity to grow, reach new markets, and continue delivering high-quality projects while staying true to our values. Most importantly, it strengthens our ability to make a lasting impact in the communities where we live and work.”

The merger will enable both companies to capitalize on technological advancements, expand service offerings, and build workforce capabilities to meet the evolving demands of the construction industry.

Founded in 1992, XL Industries (XLI) is a leading construction services provider committed to its purpose of “building to improve lives.” There will be no immediate changes to XLI’s brand or leadership. XLI will join Graham’s U.S. Buildings group, comprised of Milender White, a full-service real estate company with offices in Southern California and Colorado that joined Graham in 2021, and Graham’s Seattle operations.

Together, these companies specialize in serving clients across the education, life sciences, advanced technology, commercial, civic, and healthcare sectors, creating spaces that enhance and enrich communities. Known for excellence, XLI has been consistently ranked among Silicon Valley’s “Best Places to Work.”

B.C.

• Work progressing at Cedar Hill Middle School replacement
• Major construction starts on Surrey Langley SkyTrain
• Foundation proposes major expansion of Vancouver General Hospital
• Big upgrades coming to Horseshoe Bay ferry terminal

Ontario

• Ring of Fire access roads may not be complete until 2040
• Hard Rock Hotel in London eyes spring completion 

Alberta

• Bridge construction to ramp up in Edmonton

Quebec

• Quebec border crossing to receive $100M makeover

Maritimes/Atlantic

• Grieg Seafood pausing construction on Marystown expansion

Key Takeaways:

• The Prairie Economic Gateway agreement is expected to generate over $7 billion in economic activity and create more than 30,000 jobs in the Calgary region over the next decade, addressing the city’s rapid growth and increasing job demands.
• By leveraging the existing Canadian Pacific Kansas City (CPKC) rail network, the initiative aims to improve supply chain efficiency, expand trade access, and reduce reliance on seaports, strengthening the region’s economic resilience.
• The partnership between Calgary and Rocky View County highlights the power of municipal collaboration in driving infrastructure investment, market expansion, and economic diversification, with plans to secure further government and private sector funding.

The Whole Story:

The City of Calgary and Rocky View County have approved the Prairie Economic Gateway agreement, a historic partnership projected to generate over $7 billion in economic activity and create more than 30,000 jobs across the region over the next 10 to 12 years.

Strategically located adjacent to Calgary’s eastern limits, the proposed inland port will leverage the region’s existing Canadian Pacific Kansas City (CPKC) rail network to enable greater interprovincial trade and access to global markets while unlocking new opportunities in manufacturing, logistics, processing and distribution. Officials say that improving supply chain efficiency and reducing reliance on seaports, the Prairie Economic Gateway will enhance trade resilience in the region and mitigate economic disruptions.

The Prairie Economic Gateway is a leading example of what can be achieved when municipalities work together to unlock the industry’s potential to create jobs and generate prosperity.

Rocky View County Reeve Crystal Kissel

“Three years ago, I envisioned a bold new future for Calgary, where our city could be home to the strongest inland port in North America,” said Calgary Mayor Jyoti Gondek. “Today, I am proud to say we are turning that vision into reality. Prairie Economic Gateway is not just a project. It is a promise of prosperity, productivity and opportunity that will transform our region for future generations.”

The agreement formalizes almost two years of collaboration between the municipalities. Recognizing that Calgary is Canada’s fastest-growing metropolitan area and will need more than 110,000 new jobs in the next five years, officials stated that the Prairie Economic Gateway highlights the critical importance of investing in essential infrastructure.

“The Prairie Economic Gateway is a leading example of what can be achieved when municipalities work together to unlock the industry’s potential to create jobs and generate prosperity,” says Rocky View County Reeve Crystal Kissel. “In collaboration with the City of Calgary, this partnership focuses on removing impediments to growth by coordinating infrastructure development, expanding markets and diversifying the regional economy.”

This approval enables The City of Calgary and Rocky View County to take the next steps in securing funding from other orders of government and private sector partners.

“The Prairie Economic Gateway is a great example of the amazing work that can be done when municipalities work together,” said Ric McIver, Minister of Municipal Affiars. “The collaboration between the City of Calgary and Rocky View County will create jobs, drive investment and spur economic growth in the region. This shared vision between the two councils will create stronger and more resilient communities now and well into the future.”

Canada’s construction sector is seeing major shifts this month, from high-profile acquisitions and strategic partnerships to groundbreaking sustainability initiatives. Quikrete’s $11.5 billion purchase of Summit Holdings signals a major consolidation in the building materials market, while WSP and Microsoft’s $1 billion collaboration aims to modernize the industry with AI-driven solutions. From corporate expansions to renewable energy investments, these developments highlight the industry’s ongoing transformation and commitment to innovation. Here’s what you need to know:

Northstar Clean Technologies expands

Northstar Clean Technologies has taken a major step in scaling its asphalt shingle reprocessing operations by signing a non-binding letter of intent with YORK1 Environmental Waste Solutions. The agreement sets the stage for a strategic alliance that will supply Northstar’s planned Empower Hamilton Facility in southwestern Ontario with up to 10,000 tonnes of waste shingles annually, with potential for increased volumes over time. The collaboration not only strengthens Northstar’s position in sustainable construction materials but also aligns with YORK1’s commitment to environmental innovation. A definitive agreement is expected by mid-2025.

Quikrete completes $11.5 Billion acquisition

Quikrete Holdings, Inc., a leading North American building materials company, has finalized its $11.5 billion acquisition of Summit Holdings, Inc., a top producer of aggregates and cement. The transaction, which includes debt, marks a major expansion of Quikrete’s infrastructure and commercial market footprint across the U.S. and Canada. To finance the deal, Quikrete secured $3.95 billion in term loans, a $1.5 billion revolving credit facility, and a $5.45 billion bond issuance, with legal counsel provided by Troutman Pepper Locke.

Assembly buys Swedish robotic manufacturing line

Assembly Corp., a Canadian mass timber construction company, is accelerating its operations by acquiring a robotic manufacturing line from Swedish company Lindbäcks Group, which produces factory-built housing and components. The machinery, currently stored in Sweden, will be shipped to a new Toronto-area factory slated for 2026, where it will enable the pre-fabrication of panels and other components for midrise wooden buildings.

Through off-site construction in a state-of-the art factory with detailed control of quality and security, Lindbäcks is able to deliver beautiful buildings that drastically reduce development schedules, costs, and environmental footprint, on a scale that is unmatched globally. We are very excited to bring both this equipment and expertise to Canada.

Geoff Cape, CEO, Assembly Corp

Lafarge Canada expands partnership with Lithium Universe

Lafarge Canada has signed a memorandum of understanding with Lithium Universe to further their collaboration on sustainable cement production. Under the agreement, Lithium Universe will supply Aluminosilicate Secondary Product (ASCR) from its Bécancour Lithium Refinery, a material that enhances cement strength while reducing costs. The companies plan to finalize a definitive supply and purchase agreement, reinforcing Lafarge’s commitment to greener construction materials. With Canada’s cement and concrete industry reaching $12.3 billion in revenue in 2025, this partnership aims to strengthen local supply chains and advance circular economy initiatives in Québec’s

Indigenous-owned hemp block plant launches

A groundbreaking new manufacturing facility in Elk Point, Alberta, is set to revolutionize sustainable construction with lightweight, fire- and mould-resistant building blocks made from hemp and other fibres. The company, Asinikahtamwak—meaning “works with rock” in Cree—is a joint venture with Frog Lake First Nations (51% ownership), Natural Fibre Technologies (39%), and the Town of Elk Point (10%). The plant, which opened in 2024, currently produces 250 blocks per day, with plans to scale up to 1,000. Already constructing a prototype home for Frog Lake First Nations, Asinikahtamwak is also exploring applications for greenhouses and cabins.

WSP and Microsoft sign $1B Partnership

WSP Global Inc. and Microsoft Corp. have announced a groundbreaking seven-year strategic partnership, exceeding $1 billion in combined investment, to accelerate digital transformation in the Architecture, Engineering, and Construction (AEC) industry. WSP will designate Microsoft as its preferred partner for AI and digital services, expanding Microsoft 365 Copilot globally, while Microsoft will turn to WSP for engineering and science consultancy. The collaboration aims to leverage AI, data, and digital tools to modernize asset lifecycles, speed up mission-critical infrastructure projects, and unlock new design paradigms—positioning both companies at the forefront of industry innovation.

This collaboration will allow us to push the boundaries of what’s possible, ensuring we stay at the forefront of technological advancements and consistently provide exceptional value to our people and clients.

Alexandre L’Heureux, President and CEO, WSP

SitePartners acquires Kelowna-based marketing firm

SitePartners has acquired BlackBean Marketing, an industrial marketing firm based in Kelowna, enhancing its capabilities and expanding its service offerings. This acquisition strengthens SitePartners’ commitment to delivering results-driven marketing solutions tailored to industrial businesses. BlackBean’s expertise in content strategy, SEO, lead generation, web design, and tactical marketing complements SitePartners’ specialized knowledge in the industrial and B2B sectors. With a new office in Kelowna, the company is now better equipped to serve clients across the B.C. Interior and beyond.

We are excited to welcome new talent to our team, expand our service offerings, and strengthen our market reach with a new office in Kelowna. The expertise and industry knowledge that the BlackBean team brings will allow us to create even more value for our clients in the industrial sector.

Andrew Hansen, CEO of Site

Willow Lake Métis Group and Earth & Iron forge partnership

Willow Lake Métis Group (WLMG) has entered a strategic partnership with Earth & Iron Inc. to enhance construction readiness and economic development in the Métis community. Focused on site preparation, pad work, and infrastructure projects, the collaboration strengthens WLMG’s ability to manage projects from inception to completion. While initially targeting oil and gas, the partnership also extends to forestry and road clearing. Additionally, WLMG is pursuing renewable energy investments and an Indigenous ESG framework, supported by a $480,000 federal grant. The initiative aligns with the Nation’s long-term strategy to drive sustainability and prosperity.

This alliance will enable us to undertake larger projects, create employment opportunities, and contribute to the prosperity of our community

Andy Harnett, CEO, Willow Lake Métis Group

Cooper Equipment Rentals expands national presence

Cooper Equipment Rentals has expanded its presence in Canada with the acquisitions of Rent All Centre (RAC), Skyhigh Platforms in Ontario, and Big Stick Rentals in Alberta. These additions strengthen Cooper’s position as the country’s only truly national independent rental provider, enhancing coverage in both Eastern and Western Canada. RAC and Skyhigh, established in 1973, add six full-service rental locations and an aerial specialty branch, expanding service in Peterborough and the 401 corridor. Big Stick Rentals, a key player in Grande Prairie since 2013, extends Cooper’s reach in Northern Alberta.

 At Cooper, we don’t just grow for the sake of growth – we expand with purpose. Bringing these respected businesses into the Cooper family means we’re strengthening our service, growing our footprint, and staying true to what matters most: delivering the best rental experience in the industry.

Doug Dougherty, CEO, Cooper

Northstar buys Ontario-based Altitude Equipment

Northstar Access has acquired Altitude Equipment, a prominent swing stage rental, sales, and service provider in Southern Ontario. This acquisition strengthens Northstar’s swing stage capabilities, increasing its Toronto inventory to over 225 units, including Tractel/Tirak hoists and Winsafe stages. It also marks Northstar’s second major recent expansion, following its integration of Access Rigging in Ottawa earlier this year. CEO Paul Zvonar welcomed Altitude’s team, emphasizing their shared commitment to excellence, while Altitude Co-Founder Mike Van Volsen highlighted the partnership’s potential to expand services and enhance customer offerings.

Brookfield buys U.S. renewables business for $1.7B

Britain’s National Grid has agreed to sell its U.S. onshore renewables business to Canada’s Brookfield Asset Management for $1.74 billion, including debt, as part of its strategy to refocus on energy networks. The deal, expected to close by March 2026 pending regulatory approval, includes National Grid Renewables’ 1.8 GW of operational capacity and 1.3 GW under construction.

ATACO launches Viva Homes with Calgary project

ATCO is launching Viva Homes, a new residential development initiative aimed at addressing Canada’s housing crisis through modular construction. Leveraging decades of experience in modular structures, ATCO says it has developed a quick-to-market model where homes are built indoors, then transported and placed as fully serviced, permanent residences. This approach allows for faster delivery of homes without sacrificing quality, with the first prototype completed in just eight weeks. Viva Homes is designed for urban settings, with plans to build 1,000 units over the next five years, starting with a large project in Calgary.

Novarc partners with Miller Electric on welding tech

Miller Electric and Novarc Technologies have announced a strategic partnership to revolutionize the welding industry with AI-powered automation. Their collaboration will drive advancements in adaptive welding solutions through the Miller Copilot line, addressing skilled labor shortages and enhancing welding precision for industries like shipbuilding, construction, and heavy equipment manufacturing. By integrating AI with automation, the partnership aims to improve productivity, quality, and accessibility of robotic welding, enabling the automation of previously unfeasible tasks.

Munro president creates durable glass solution

Colleen Munro, President of The Munro Group of companies, faced the ongoing challenge of escalating costs and lost resources due to broken glass from intrusions and vandalism. To solve this, she partnered with ClearSecure to create Rockglass, a glass product offering enhanced security and noise mitigation. Rockglass is a nearly invisible, durable solution that can be installed on new or existing windows, reducing the need for frequent repairs and insurance claims. As demand grows, ClearSecure has expanded its manufacturing capacity.

GFL set to repurchase own shares following $6.2B sale

Following the $6.2-billion sale of its environmental services division, GFL is preparing to resume its aggressive acquisition strategy after an 18-month focus on debt reduction. CFO Luke Pelosi stated that the company now has the financial flexibility to pursue mergers and acquisitions without significantly impacting leverage, as it plans to fund deals through annual cash flows. GFL is also using $2.25 billion from the sale for share buybacks, including purchases from long-term investors like BC Partners and Ontario Teachers’ Pension Plan, the latter of which has stepped down from the board as its stake declines. CEO Patrick Dovigi also acknowledged the company is exploring a potential U.S. redomiciling but remains focused on maintaining its Canadian presence, particularly as it nears eligibility for the S&P/TSX 60 index.

Innergex to be acquired by CDPQ

Innergex Renewable Energy Inc. (TSX: INE) has entered into a definitive agreement for CDPQ to acquire all outstanding common and preferred shares of the company, excluding those held by certain executives, for $13.75 and $25.00 per share in cash, respectively. The transaction, subject to shareholder and regulatory approvals, will transition Innergex from a publicly traded to a privately held company under CDPQ’s ownership. CDPQ plans to syndicate up to 20% of its investment to like-minded investors. Innergex leadership views the move as a strategic opportunity to enhance long-term growth, stability, and its commitment to renewable energy and partnerships with Indigenous and local communities.

Hydron Energy recieves bridge funding support from Modern Niagara

Hydron Energy Inc. has secured additional bridge financing from its strategic partner, Modern Niagara Group Inc., to support its manufacturing needs ahead of a Series A investment. Hydron’s INTRUPTor technology, a gas separation and upgrading platform, enables cost-effective renewable natural gas (RNG) production from waste sources while reducing capital and operating costs by up to 50% and cutting greenhouse gas emissions by 85%. Modern Niagara sees further potential for the technology in on-site oxygen production for hospitals and other industrial applications, highlighting its broader impact beyond RNG.

GFL environmental adds support for soil reuse app

Phil, a free excess soil reuse marketplace and load-tracking app, is now supported at GFL Environmental receiving sites in Ontario. Phil Co-Founder Bryan Kerr explained that users can find the appropriate contact information on each GFL listing, or simply chat or call to get started. He added that this means Phil is giving companies an absolutely free method to comply with soil regulations and track their material to the largest permitted site operator. GFL is the only major diversified environmental services company in North America offering services in solid waste management, liquid waste management, and soil remediation.

Canada’s construction sector is bracing for a potential surge in material costs and investment uncertainty as trade tensions with the United States continue to escalate.

To better understand how this could impact builders, we spoke with accomplished economists who are warning that tariffs on steel, aluminum, and other goods could disrupt supply chains, weaken the Canadian dollar, and prompt companies to postpone major projects.

While some argue that government spending could offset a private-sector slowdown, there is widespread concern that ongoing tariff threats—and possible retaliatory measures—could cause long-term harm to both economies, heightening the stakes for Canadian builders and policymakers alike.

Julien Karaguesian: Construction has a huge silver lining

Karaguesian, is a Course Lecturer at McGill’s Department of Economics. He also spent 25 years in the Canadian Ministry of Finance and worked at the Embassy of Canada in Washington D.C as Finance Counsellor.

For Karaguesian, the recent announcements by Trump are a clear escalation of trade tensions between Canada and U.S. But he argued it should not come as a shock, as the U.S. has been moving in this direction for decades. And despite the doom and gloom, he believes the trade war could have a silver lining for the construction sector and be an opportunity to reshape Canada’s economy. 

Karaguesian reached all the way back to President George W. Bush’s time as one of the first instances of changing American attitudes toward free trade. Following the 9/11 attacks borders thickened, first for security reasons, and then for economic reasons following the 2008 financial crisis. The American government spent billions bailing out its auto industry, hoping to eat into Canada’s 20% share of the sector. This continued with President Barack Obama, who implemented a Buy American procurement policy.

“Both the left and the right were anti free trade,” said Karaguesian. “You had the rise of the Tea Party movement on the right and the Occupy Wall Street movement on the left. Now Trump has tapped into this.”

He noted that some of this sentiment stems from the early 1980s when the U.S. began deindustrializing their economy and moved that work to other countries. 

“We did the same here,” he said. “Economists promoted it, saying people would move to more value-added jobs. But that didn’t happen. We gutted our rust belt. It was the deindustrialization of the English-speaking West. We lost well-paid blue collar jobs.” 

And then easy access to credit softened the pain of destroying the manufacturing sector, saddling many with crippling debt. Karaguesian said this caused many to become disillusioned with the country and created ripe conditions for Trump to ascend to the presidency. 

“The reaction from voters to traditional Republicans and Democrats was that these people have messed up the economy,” he said. “That’s when Trump enters the scene. He knows Americans in the rust belt and Appalachia have been devastated and then indebted. He ran on an anti-free trade ticket. And then Biden kept most of the initial tariffs he imposed … Trumps actions are an acceleration but shouldn’t come as a surprise.” 

More than the tariffs themselves, which change from day to day and have been walked back multiple times, the biggest issue is the uncertainty. Karaguesian explained companies might consider to relocating to the U.S. to avoid it. He cited Barrick Gold’s announcement that it might cross the border as a prime example of this. 

But when it comes to Canadian construction, there could be a massive silver lining. 

“Any government serious about maintaining Canada’s prosperity is going to have to make up for the shortfall,” he said. “Any government coming to power cannot undertake austerity measures or they will make the economy worse. They will likely run deficits to rebuild the industry.”

Karaguesian predicts federal and provincial money is going to pour into the construction sector, citing Trudeau’s massive high-speed rail announcement as the start of this. There is also talk of expanding pipelines.

He also warned of retaliatory tariffs, which may feel warranted, but could hurt builders. 

“The only way our costs go up is if we do dollar-for-dollar retaliation,” he said. “I don’t think we should do that. We have some time to think and sectors like construction should be lobbying against it. Trump tariffs will be recessionary, but retaliatory tariffs will be inflationary, giving us the worst of both worlds. The negative demand shock from Trump’s tariffs will have to be absorbed by government spending. Candidates have to run on a ticket of rebuilding the Canadian economy and I think that’s a good idea.” 

Another way to fight without retaliatory tariff is shifting procurement to local suppliers when able.  

“If they have torn up our trade agreements that they forced us to negotiate, we are free to take our procurement and only use Canadian suppliers,” said Karaguesian. “That will be good for our side and create less American competition.”

Werner Antweiler: Buying domestic could dampen impacts

Antweiler is an Associate Professor at University of British Columbia’s Sauder School of Business. He serves as Chair, Strategy and Business Economics Division and Chair in International Trade Policy. 

Antweiler believes the dispute could drive up material prices and hurt the Canadian dollar. He urged Canadians to stand up to President Donald Trump, who he believes is ignoring negotiated trade agreements. 

He explained that the trade war is affecting the input price of construction materials directly and indirectly. Major inputs into construction are steel, cement/concrete, and lumber. Steel and aluminium currently will be subject to U.S. import tariffs starting March 12. This can have an indirect impact as Canadian steel is exported to the U.S. and may in turn end up in steel products that are purchased by Canadian construction firms. 

“They in turn will look for cheaper alternatives domestically and from third-country sources, and this may drive up prices,” said Antweiler. “Another indirect effect may come from a depreciation of the Canadian dollar, which makes imports more expensive. A direct effect will also come from Canadian counter-tariffs on U.S. steel and aluminium. So this is very much a repetition of the 2018 trade war that Trump launched against Canada at that time.”

He noted there will be a noticeable effect on steel and aluminium prices, although reshuffling supply chains from imports to domestically-sourced goods may help dampen the impact. 

“Construction firms will be well advised to look into their supply chains and identify alternative suppliers in order to circumvent the tariff impact,” he said. “Companies should examine carefully where their inputs are made—in Canada, in the United States, or in third countries. They should then look to identify alternative non-US suppliers and be ready to shift sourcing to more affordable vendors when the need arises. In some instances, this may also require establishing relationships with these suppliers.”

Antweiler added that in the long term, economies will adjust as companies will look for affordable suppliers. But it requires much effort, and certainly some short-term pain as finding alternative suppliers may not be easy, and these alternative suppliers may be constrained in their ability to ramp up output. Businesses must engage in extensive contingency planning and prepare for the different scenarios that may emerge.

He noted that the situation will become much more worrisome should Trump launch into a full-scale trade war with 25% tariffs on everything. Then Canada will be forced to retaliate in kind, and this will further increase the cost of building materials. 

Antweiler said Trump is treating close friends and allies as if they were enemies for unclear reasons and in ways that will harm his own country. 

“We do not know the true intentions of the US president. One can never take his word at face value, and his utter disregard for CUSMA—a treaty he himself signed—demonstrates that he is not good to his word,” he said. “Canada and the United States have been friends, allies, and good neighbours. This trade war makes no sense and is an affront to our friendship. It is a return to the age of protectionism of the early 20th century, which has caused great economic harm — including the significant contribution to worsening the Great Depression.”

Jock Finlayson: Be wary of retaliatory tariffs

Finlayson is the Independent Contractors and Businesses Association’s Senior Economist and a Senior Fellow at the Fraser Institute. 

He believes the simmering trade war could weaken the Canadian economy and feared retaliatory tariffs could compound its impacts.

He explained that we don’t yet know all the details, except that steel and aluminum will face 25% tariffs as of March 12. On the export, this will hit B.C. mainly due to Rio Tinto’s large aluminum manufacturing plant in Kitimat which does ship product to the U.S.

 Trump postponed his earlier plan to slap 25% tariffs on all Canadian merchandise exports to the U.S. (except oil and critical minerals, which would face a lower 10% tariff).  

“In early March, we should know more about the mercurial, tariff-obsessed U.S. President will do,” said Finlayson. “My best guess is that Canada will face a 10% across-the-board levy on all of our goods exports to the U.S., totalling almost $600 billion per year.” 

 He noted that this would weaken the B.C. economy, mainly by dampening output and employment in export-focused industries (lumber, energy, minerals/metals, agri-food, and all parts of manufacturing).  

“Without Trump’s tariffs, I would have expected the B.C. economy to grow by around 1.5-1.8% in 2025, after inflation,” he said. “With a 10% U.S. tariff in place, growth will be materially lower—less than 1%. The same holds for 2026, assuming the American tariffs remain in place for the next two years.” 

In construction, this means reduced levels of non-residential investment across large parts of the private sector economy.

“Trump’s mad-cap tariff policy will cause many B.C./Canadian firms to postpone investment decisions,” he said. “Some may redirect capital spending to the U.S. to get around the tariffs.  This is negative for the domestic construction industry, particularly companies active in non-residential segments.  

To help offset a fall-off in private sector investment, governments may boost capital spending on infrastructure and other categories of public sector assets.

But Finlayson’s biggest concern was if Canada would retaliate with its own tariffs, a move that he feels could be disastrous. 

“Canadian retaliation, while understandable in the circumstances, will magnify the blow to our economy by raising costs/prices for consumer goods and business inputs,” he said. “This is particularly true given that the U.S. is the number one source of Canadian and B.C. imports.” 

 He called for retaliation to be carefully calibrated so it minimizes harm to Canadians. He said this should include not imposing tariff levies on imports of building materials and other construction inputs. 

Finlayson argued that Trump’s broad tariff strategy aims to boost U.S. manufacturing, reduce trade deficits, and strengthen the economy, but it faces significant challenges. The U.S. manufacturing sector already struggles with a skilled labor shortage, making large-scale reshoring difficult. 

“There is overwhelming evidence from history—including Trump’s first term as President that the kind of tariff scheme Trump favours will harm the U.S. economy by increasing inflation and raising costs for both households and businesses,” said Finlayson. 

Peter Morrow: Stay calm and strategize

Morrow is an Associate Professor of Economics at University of Toronto and is an expert in international economics. 

Morrow stressed that President Donald Trump’s tariff threats have already created confusion for industries on both sides of the border, and construction firms should prepare for significant ripple effects.

“Things are chaotic if everything’s sort of lurching from one stated policy to another stated policy; it’s really unclear what’s going to happen,” Morrow said. “I think the uncertainty is the biggest issue. Companies really don’t know what is going to be coming down the pipeline six months from now.”

According to Morrow, the imposition of tariffs could result in unexpected price fluctuations. In some cases, Canadian firms might actually see costs drop if demand for certain goods in the U.S. falls, freeing up supply for Canada. 

“Because the other buyers are no longer there. It’s like if there’s a housing boom in the U.S., lumber gets more expensive for Canadian builders; this is just the opposite of that,” he explained. “Those American consumers are disappearing. So Canadian timber manufacturers have to sell to someone, so Canadian builders might actually get a better deal.”

However, other sectors could be hit hard by retaliatory measures. 

“If there’s retaliatory tariffs, then anything that gets hit by a Canadian retaliatory tariff that comes from the U.S. will become more expensive,” Morrow said. 

Heavy construction equipment or specialized machinery sourced from the U.S., for example, may become costlier if targeted.

Adding to the complexity, Morrow highlighted how tariffs could disrupt long-established supply chains, particularly in major industries like auto manufacturing. He noted that parts often cross the Canada–U.S. border multiple times before becoming a finished product, meaning repeated tariff payments could “have the potential for chaos.”

The impact on the construction sector, Morrow advised, depends on the extent to which local economies rely on tariff-affected industries. 

“If you build houses in the Okanogan Valley and you think that Trump is going to slap tariffs on Canadian wine from the Okanogan Valley, all those winemakers are going to have a lot less money in their pocket,” he cautioned. That diminished revenue could slow homebuilding or renovation projects.

As for how Canada should respond, Morrow pointed to strategies used in previous trade spats—focusing retaliatory tariffs on politically sensitive goods in the U.S.

Ultimately, Morrow urged level-headedness and careful planning among Canadian builders. While stocking up on certain materials might make sense if tariffs seem likely, he warned against overreacting. 

“This is not smart for any of us. This is just going to cause both sides pain,” Morrow said.

Canada is currently embroiled in a bitter trade war with the United States. Tenions went from a simmer to a boil this month when U.S. President Donald Trump announced he would impose 25% tariffs on steel and aluminium.

“It’s a big deal. This is the beginning of making America rich again,” Trump said as he signed the orders in the Oval Office.

The U.S. accounts for over 90% of Canadian steel and aluminum exports. According to RBC, the renewal of the tariffs from 2018/19 would apply to roughly $24 billion of Canadian exports.

But this runs both ways. Canada is the largest U.S. import market, worth US$ 7.5 billion in steel and $9.4 billion in aluminum products in 2024. Canada accounts for about a fifth of U.S. imports of steel and 50% of aluminum imports.

Trump’s reasons for the tariffs (which he has threatened tariffs on many other things including cars, oil and, well, everything) have been numerous and shifting. He says they are punishment for drugs crossing the Canadian border, the trade deficit the U.S. has with Canada and has even suggested the country should just become the 51st state.

The impact of this trade war could be massive. Steel producers have called this a “doomsday scenario” for their industry. Homebuilders believe it could further hamstring efforts to increase housing supply. Provincial and national leaders are racing to fortify Canada’s trade infrastructure and shore up relationships with other trading partners. In the meantime, they are encouraging Canadians to avoid spending their dollars in the U.S. and instead buy Canadian products and services.

Prime Minister Justin Trudeau stated that picking Canadian products will ensure “Canadians don’t bear undue costs around tariffs.”

If you or your company is looking to buy Canadian, we rounded up a list of some Canada-based companies creating products for the construction sector.

Steel

Algoma Steel

Algoma Steel was forged in 1901 with two small blast furnaces, a 60-ton Bessemer furnace, a 23- inch bloom rolling mill and rail mill. It has since grown into a fully integrated steel producer based in Sault Ste. Marie, Ont. The company manufactures and sells hot and cold rolled steel products including sheet and plate. The company is currently constructing two new state-of-the-art electric-arc-furnaces to replace its existing blast furnace and basic oxygen steelmaking operations. It’s the biggest construction project in Sault Ste. Marie history. The change is expected to reduce Algoma’s carbon emissions by 70%.

Canam

Canam Steel Works Inc. was founded in St. Gédéon de Beauce, Que. in 1960. Despite a series of devastating fires, the company persisted. The company says it has been involved in more than 300,000 Construction projects in North America. They are also embracing technology. The group recently won an award for its Building Engineering Platform (BEP) which aims to modernize, update or replace some in-house engineering and detailing applications for Canam’s steel products. 

Solid Rock Steel Fabricating Co. Ltd.

Solid Rock is a classic immigrant success story. Berend Steunenberg learned the metal fabricating trade while growing up in Holland and and took his skills to Vancouver in the 1950s. He worked day and night shifts at two jobs to buy an old flat deck truck, a second-hand welding machine and a torch set-up to start Solid Rock Steel. Now the company is helping tackle large, complex projects like The Butterfly, the Surrey Central Library and Microsoft’s Vancouver headquarters.

Wood

Interfor Corporation

Interfor Corporation, founded in 1963 and based in Vancouver, is one of the largest lumber providers globally, with 21 mills across North America. Interfor’s operations span British Columbia, Ontario, Quebec, and the U.S. South, producing a wide array of wood products, including softwood lumber and engineered wood.

West Fraser Timber Co. Ltd.

West Fraser Timber Co. Ltd., founded in 1955 in B.C., has grown to become one of the largest lumber producers in the world. The company operates over 60 mills across Canada, the U.S., and Europe, producing a wide range of wood products, including softwood lumber, plywood, OSB, and engineered wood.

Nordic Structures

The Montreal-based CLT producer has worked on many projects in the U.S. and Canada, including Canadian Nuclear Labratories, Plate 15, Paul Mercier Library and more. Since 1961, Nordic has been using trees to make construction materials at its industrial complex in Chibougamau.

Canfor

Canfor Corporation is a forest products company headquartered in Vancouver, B.C. Founded in 1938, Canfor specializes in producing lumber, pulp, and paper products, serving markets across North America, Asia, and Europe. The company operates numerous sawmills and pulp mills, with a strong presence in B.C., Alberta, and the U.S. South. In 2019, the Jim Pattison Group, one of Canada’s largest private companies, became Canfor’s majority owner, ensuring it remains Canadian-owned.

Machinery

Tigercat

Tigercat is a privately owned, vertically integrated Canadian corporation with deep expertise in engineering, fabrication, manufacturing, and the support of machinery suited to severe duty applications. The off-road industrial product line includes land clearing, silviculture and site preparation equipment as well as other specialized severe duty carriers used in a variety of industries including utilities, oil and gas and construction.

Cement/Concrete

Béton Provincial Ltée

Béton Provincial Ltée, a Quebec-based family-owned company established in 1960, stands out in Eastern Canada for its diverse, high-quality concrete and paving products. They focus on a personalized customer approach and boast a wide distribution network, supplying construction projects across the region. In recent news, Béton Provincial made headlines by acquiring assets from CRH Canada, further solidifying their position in the market.

Federal White Cement

A Canadian manufacturer operating since 1979, Federal White Cement, based in Woodstock, Ontario, specializes in white Portland and masonry cement for the construction industry. This family-owned company prioritizes innovation, offering traditional and eco-friendly white Portland cement options alongside white masonry cement. While specific recent updates aren’t readily available, their website provides details on their commitment to high-quality and sustainable white cement solutions.

Tools/Gear

Gray Tools

Leaving home at 16, Alex Gray traveled the world before settling in Toronto, Canada, where he encountered skilled tradesmen whose livelihoods depended on their hands and tools. He founded Gray Tools in 1912, focusing on manufacturing hand tools for accomplished tradespeople. The company offers over 6,000 hand tools designed for the specific work and needs of the professional user under two brands: Gray and Dynamic Tools. They are Canada’s only broad line manufacturer of hand tools.

Canada West Boots

Based in Winnipeg, this 47-year old boot manufacturer has a variety of styles for steel toe work boots. Canada West states that making Goodyear welted footwear may not be the easiest way to make a boot or shoe, but they still believe it is the best way. Especially for heavy-duty work boots and western boots used throughout Canada.

Big Bill

Big Bill is a fourth-generation family business and a brand of Codet Inc., dedicated to producing high-quality workwear for over 75 years. Founded by Charles E. Audet in Coaticook, Quebec, the company has grown into a North American leader with four specialized divisions: workwear, outdoor clothing, flame-resistant apparel, and safety footwear.

Panels

Cabot Gypsum

Cabot Gypsum has been manufacturing high-quality gypsum products since 2011 from its state-of-the-art 200,000-square-foot facility in Point Tupper, Nova Scotia. Strategically positioned for efficient distribution via rail, ship, and truck, Cabot Gypsum serves both Canadian and U.S. markets with a diverse product line, including regular and fire-rated drywall, mold and moisture-resistant panels, abuse-resistant boards, vinyl ceiling tiles, and exterior sheathing.

Environwall

Envirowall Partition Systems is a leading Canadian manufacturer of high-performance vinyl-covered gypsum panels, serving the construction industry from its 50,000-square-foot facility in Toronto. With a production capacity exceeding 100,000 square feet of panels per shift, Envirowall specializes in durable, easy-to-install partition systems designed for commercial, institutional, and industrial applications. aesthetics in modern building projects.

Willow Lake Métis Group (WLMG) has announced a strategic partnership with Earth & Iron Inc., a leading Alberta-based earthmoving and construction services provider. The collaboration aims to enhance service offerings and foster economic growth within the Métis community.

Established over 25 years ago, Earth & Iron has built a reputation in Alberta’s civil and oilfield sectors, consistently moving millions of cubic meters of earth annually.

“This alliance will enable us to undertake larger projects, create employment opportunities, and contribute to the prosperity of our community,” says Andy Harnett, Willow Lake Métis Group CEO.

Stuart Gray, General Manager of Earth & Iron Inc., added, “We are excited to collaborate with Willow Lake Métis Group. This partnership not only broadens our operational capabilities but also reinforces our dedication to community engagement and sustainable development.”

This new partnership is set to commence immediately, with both organizations working closely to integrate their operations and pursue joint projects across Alberta. Together, the partners will focus on creating long-term value through innovation, integrity, and teamwork in the resource and infrastructure sectors.

They stated that they are committed to empowering the Métis community through supporting cultural preservation, economic development, and sustainability.

Willow Lake Métis Group is the business arm of the Willow Lake Métis Nation, focusing on creating economic opportunities that benefit the Métis community. By partnering with industry leaders, WLMG aims to provide top-tier services while upholding the values and traditions of the Métis people.

Key Takeaways:

• Vancouver is piloting a new model for delivering market rental housing on city-owned land, starting with a rezoning proposal for Pacific and Hornby Street.
• The Vancouver Housing Development Office (VHDO) will generate non-tax revenue by leveraging city real estate assets for market rental housing while addressing infrastructure funding needs.
• The proposed development includes 54- and 40-storey towers, potentially adding 1,136 market rental homes, while the city remains committed to non-market rental housing initiatives.

The Whole Story:

The City of Vancouver is moving forward with a new approach to delivering market rental housing under the Rental Housing on City-owned Land – Public Benefits Pilot Rezoning Policy, with a rezoning proposal to develop on city land at Pacific and Hornby Street.  

Led by the Vancouver Housing Development Office (VHDO), this initiative will enable the delivery of market rental housing on city land while piloting a new way to generate non-tax revenue for the city.  

“The launch of the VHDO is a big step forward in making sure we have the right homes for the people who need them. By putting our real estate assets to work and thinking outside the box on housing solutions, we’re setting up Vancouver for long-term success – so more families and residents can put down roots and thrive in our city,” says Ken Sim, Mayor of Vancouver. 

The VHDO was established at the direction of Council  to centralize housing delivery. In addition to non-market rental housing, the VHDO will focus on partnering and investing in the development of market-rental housing on City-owned property. In line with the recommendations in the Mayor’s Budget Task Force Report , this aims to maximize the delivery of market rental housing and generate financial returns and non-tax revenues to address the growing infrastructure deficit and Council priorities.   

The proposed 54- and 40-storey buildings at Pacific and Hornby could provide up to 1,136 market rental homes, comprising a mix of studio and one- to three-bedroom units. 

While the city is pursuing market rental housing development, it says it remains committed to delivering non-market rental housing through the VHDO as well.

Key Takeaways:

• Cooper Equipment Rentals strengthens its presence in both Eastern and Western Canada with the acquisitions of Rent All Centre, Skyhigh Platforms, and Big Stick Rentals, enhancing its service network and coverage.
• The acquisitions will improve equipment availability, efficiency, and service flexibility, ensuring better access and faster response times for customers across Ontario and Alberta.
• Cooper remains dedicated to being Canada’s leading independent rental company, expanding with a focus on maintaining service quality, operational excellence, and strong company values.

The Whole Story:

Cooper Equipment Rentals Limited has announced the acquisitions of Rent All Centre and Skyhigh Platforms in Ontario, and Big Stick Rentals in Alberta. These strategic additions extend Cooper’s reach in both Eastern and Western Canada.

Rent All Center and Skyhigh Platforms

Founded in 1973, Rent All Centre (RAC) and Skyhigh Platforms have served contractors and businesses with general rental and aerial equipment. Their full-service rental locations across Cobourg, Port Hope, Peterborough (two branches), Belleville, and Trenton, along with Skyhigh’s aerial specialty location in Whitby, will now operate under the Cooper banner.

 “It is with great pride that we have now joined another Canadian owned company, to continue the path we’ve been walking. The Cooper family will continually improve on our already excellent service and reputation,” stated Brian Wheatley, President.

This acquisition enhances Cooper’s service footprint in Peterborough and the 401 corridor, complementing its existing network in Toronto, Oshawa, Kingston, and Ottawa. Cooper stated that the integration of RAC and Skyhigh will create seamless equipment sharing and expanded resources, increasing efficiency and availability for customers.

Big Stick

With a modern fleet and a prime location in Grande Prairie, Alberta, Big Stick Rentals has built a reputation for reliability and service excellence since its founding in 2013. Under the leadership of Kevin Bjornson, the company has become a key player in Northern Alberta’s rental market.

“I never expected to find a large partner who shared the same core values and culture as our little company. As I learned more about Cooper, it became evident that the small family who made large contributions to Big Stick Rentals’ success would be well taken care of in the Cooper family,” said Bjornson.

 Big Stick’s strategic location in Grande Prairie strengthens Cooper’s coverage in Western Canada, enabling broader geographic reach, equipment availability, and service flexibility across Alberta and beyond.

National vision

For Doug Dougherty, CEO of Cooper, these acquisitions represent more than geographic expansion – they reinforce Cooper’s commitment to being Canada’s only truly national, independent rental company.

 “At Cooper, we don’t just grow for the sake of growth – we expand with purpose,” said Dougherty. “Bringing these respected businesses into the Cooper family means we’re strengthening our service, growing our footprint, and staying true to what matters most: delivering the best rental experience in the industry.”

 Brian Spilak, COO of Cooper, highlighted the operational advantages of the expansion:

 “For our customers, these acquisitions mean more access to the equipment they need, where and when they need it. By expanding our network, we’re not just adding locations – we’re investing in better service, faster response times, and deeper local expertise. Whether it’s a small contractor or a major project, we’re ensuring they have the right equipment and support to keep their jobs moving forward.”

Key Takeaways:

• The Manitoba government is investing $36.4 million over two years to support infrastructure upgrades at the Port of Churchill, including wharf repairs and warehouse upgrades, to boost trade and economic growth.
• The Arctic Gateway Group, owned by 41 Indigenous and Bayline communities, is leading the development, supporting local jobs, economic reconciliation, and increased shipping of critical minerals.
• Churchill is being developed as a key Arctic trade hub, with plans to increase mineral exports, enhance Manitoba’s role in global supply chains, and position the province as a gateway for international trade.

The Whole Story:

The Manitoba government is investing $36.4 million over two years to the Arctic Gateway Group (AGG) for capital infrastructure projects at the Port of Churchill.

“Churchill presents huge opportunities when it comes to mining, agriculture and energy,” said Manitoba Premier Wab Kinew. “Our government’s investments are fueling northern Manitoba’s economy, increasing international trade and unlocking new economic opportunities for all Manitobans. These new investments will build up Manitoba’s economic strength and open our province to new trading opportunities.” 

The $36.4-million investment will support the AGG’s port and rail development vision and plan to expand traffic diversification and growth opportunities and attract private investment partners from the agriculture, mining, fertilizer and resupply sectors. Planned works include wharf repairs and freight warehouse upgrades, noted the premier.  

“This is about keeping northern communities connected, strengthening Indigenous economic leadership and positioning Manitoba as a key player in the global critical minerals market,” said Sport Minister Terry Duguid, minister responsible for Prairies Economic Development Canada. “Reliable affordable rail service is essential for the North and these investments will ensure it remains a lifeline for communities and businesses. At the same time, we’re creating new opportunities in mining and mineral development – helping Indigenous communities build skills, secure good jobs and drive economic growth. This is a long-term investment in Manitoba’s future and in Canada’s clean energy transition.” 

Infrastructure Minister Lisa Naylor explained that as a maritime province located in the heart of North America, Manitoba is strategically positioned to ship commodities, critical minerals and natural resources.

“Developing the Port of Churchill will advance northern Manitoba’s economy, support trade expansion with Europe and strengthen our Arctic sovereignty as we position Manitoba as a gateway to the Arctic and to the world,” she said. 

Chris Avery, CEO, Arctic Gateway Group stated that the upcoming shipping season will see double the volume of critical minerals that will be shipped to internationally markets from the Port of Churchill.

“As a locally owned and operated Canadian organization, backed by 41 Indigenous and Bayline communities, Arctic Gateway Group will continue to step up and support working people, creating regional opportunities and diversifying the supply chain networks of this province and country,” he said.    

The AGG is a subsidiary company of OneNorth, a partnership of 41 First Nation and Bayline communities in Manitoba. The OneNorth community ownership model of the AGG demonstrates economic reconciliation in action, noted the minister. 

In August 2024, AGG and Hudbay Minerals Inc. piloted a successful 10,000-tonne zinc concentrate export shipment through the port, establishing Churchill as a northern trade critical minerals supply route. 

After months of threats, U.S. President Donald Trump may (or may not) implement 25% tariffs on all most Canadian goods (oil would recieve a 10% tariff).

First, they were supposed to go into effect on day one of Trump’s presidency. And then they were scheduled for Feb. 1st. Then they were scheduled for Feb. 4. At the time this article is being written, Trump announced the tariffs would be delayed for at least 30 days after speaking with Prime Minister Justin Trudeau.

“The Tariffs announced on Saturday will be paused for a 30 day period to see whether or not a final Economic deal with Canada can be structured,” Trump wrote on Truth Social.

What does he want from Canada?

It’s not totally clear what Trump hopes to accomplish, but the common theme is a feeling of being treated unfairly. Officially, he and his team have claimed that it is in response to lax borders and drug smuggling.

In his executive order to implement the tariffs, Trump said this: “the sustained influx of illicit opioids and other drugs has profound consequences on our Nation, endangering lives and putting a severe strain on our healthcare system, public services, and communities.” 

But a day later he posted this on social media: “We pay hundreds of Billions of Dollars to SUBSIDIZE Canada. Why? There is no reason. We don’t need anything they have. We have unlimited Energy, should make our own Cars, and have more Lumber than we can ever use. Without this massive subsidy, Canada ceases to exist as a viable Country. Harsh but true!”

He’s also said many times that Canada should be annexed by the U.S. as its 51st state and called Prime Minister Justin Trudeau its governor. Whether or not this is meant to be taken literally is anyone’s guess.

Despite provincial and national efforts to address some of these concerns or explain the realities of North American trade, Trump has said there is nothing Canada can do right now to avoid tariffs. He also denied using tariffs as a negotiating tactic to secure borders and that they were “purely” economical.

However, based on his decision to delay or halt tariffs in other countries recently, it appears Trump is open to negotiation. What it would take to get him to stop these tariffs in Canada, remains to be seen.  

Does he have a point? 

When it comes to toxic drugs and immigration, the government of Canada says less than 1% of the fentanyl and illegal crossings into the United States come from Canada. Despite Canada promising more than $1 billion to secure borders, Trump says it’s not enough to avoid the tariffs.

Trade is more complicated, but economists agree that it is not clear what data Trump is referencing and analyzing our trade relationship requires more nuance.

According to TD Canada, Canada is the largest export market for the U.S. and makes up one of the smallest trade deficits, owing largely to U.S. demand for energy-related products.

“With respect to Trump’s assertion that the U.S. subsidizes Canada to the tune of US$200 billion per year, it’s unclear where this number is derived,” said TD economists. “In any event, rather than a subsidy, the U.S. trade deficit is a by-product of U.S. economic outperformance relative to other countries.”

While Canada does have a trade surplus with the United States, it’s due almost entirely to oil and gas purchased by the U.S. Last year, Canadian exports of energy products (oil, natural gas, power) to the U.S amounted to nearly $170 billion, or almost 1/3 of total shipments.  In contrast, energy accounted for only 6% of all U.S. imports. Put simply, Canadian sources are critical to U.S. energy security.   

Remove Canadian energy exports from the equation and the trade story flips. Ex-energy, the U.S. enjoys a trade surplus with Canada of around C$60 billion (US$45 billion). 

What does it mean for builders? 

It’s clear that vast chunks of both economies will be impacted, including the construction sector.

“Virtually all economists think that the impact of the tariffs will be very bad for America and for the world,” said Joseph Stiglitz, an economics professor at Columbia University and a winner of the Nobel prize in economic sciences. “They will almost surely be inflationary.”

Homebuilding, one of Canada’s biggest pressing issues, is facing substantial disruption. 

“Ontario’s residential construction industry, like many others across the country, are bracing for the impact of the tariffs,” says RESCON president Richard Lyall. “The residential construction industry is already challenged. The move is reckless and will cause economic hardship in both the U.S. and Canada, affecting tens of billions of dollars of trade in construction materials alone. Such levies will only increase costs and lead to a further slowdown in residential construction activity which will exacerbate an already dire housing affordability crisis.”

He explained that the present situation is a much more significant event than the tariffs that were imposed by the previous Trump administration in March 2018 on certain imports of steel and aluminum from Canada. Canada responded by imposing countermeasures against $16.6 billion of steel aluminum and other products from the U.S. Both countries lifted their tariffs in May 2019.

“No one will benefit from an arbitrary increase in material and product prices. Our countries and supply chains are intertwined and dependent on each other, so nobody wins in a tariff war,” says Lyall. 

Canada and Mexico account for nearly 25% of building materials imported into the U.S. Roughly 30% of the lumber used in the U.S. is imported and more than 85% of the imports come from Canada, according to the National Association of Home Builders. Canada is also the largest foreign supplier of steel and a major supplier of aluminum to the U.S., both of which are essential for residential construction. Meanwhile, the U.S. also imports other materials from Canada such as cement, cement products and gypsum used for drywall.

Groups like the Calgary Construction Association believe there could serious consequences beyond just homebuilding, including contractors disengaging from projects or choosing not to bid on essential infrastructure like schools and public facilities. It could also result in owners delaying or postponing projects, causing economic momentum to stall.  And provincial leaders have said the tariffs will likely result in hundreds of thousands of people losing their jobs. 

“Even if projects return post-tariffs, costs could still escalate, making them more expensive and difficult to complete,” said the group. 

The Canadian Construction Association (CCA) recommended proactive measures. For existing contracts, businesses should review their agreements for provisions on price adjustments due to changes in taxes and customs duties, noting that contracts without such provisions may leave contractors liable for increased costs. 

For new contracts, the association advises raising tariff concerns early, including duty provisions, and referencing standard industry wording. Contractors may have grounds for cost recovery due to unforeseen expenses or project delays, though this can be challenging without clear contractual provisions. 

For some specific industries it could all but wipe them out. Steel officials say the the tariffs as well as Canada’s retaliation is a “doomsday scenario” for them as 99% of Canadian steel exports go to the U.S.

What is Canada doing about it? 

Trudeau announced he would impose tariffs on $30 billion worth of imported U.S. goods as soon as Trump’s tariffs begin. A list of these goods includes wood products such as engineered structural timber, plywood, veneering sheets, particleboard, fibreboard, panels, shingles, shakes, posts, and beams.

Also listed are plastic floor, wall, and ceiling coverings; carpets and other textile floor coverings; lavatory fittings; doors, thresholds, windows, frames, shutters, and blinds; large reservoirs, tanks, vats, and other builders’ ware; luminaires and lighting fixtures; as well as furniture and its components.

These tariffs apply only to goods originating from the U.S. They do not affect goods already in transit to Canada as of February 4.

He announced the government also intends to impose tariffs on an additional list of imported U.S. goods worth $125 billion, including steel and vehicles. However these would be subject to a public comment period prior to implementation. 

But where it gets more interesting is at the provincial level. Ontario Premier Doug Ford plans to ban all American companies from provincial contracts until U.S. tariffs on Canadian goods are removed. He has already shredded a $100-million contract with SpaceX to deliver high speed internet to remote areas.

In Alberta, Premier Danielle smith called on the federal government and other provinces to “immediately commence a national effort to fast track and build oil and gas pipelines to the east and west coasts of Canada, construct multiple LNG terminals on each coast, increase internal refining capacity, unleash the development of critical minerals, lower taxes, reduce red tape, tear down interprovincial trade barriers and re-empower provinces to develop our unique economies without constant federal interference and imposition of anti-resource development laws.”

Premier David Eby announced he is assessing private-sector projects worth $20 billion with the goal of getting them approved as quickly as possible, and issuing their permits faster. These are expected to create 6,000 jobs in remote and rural communities. In addition, the Province has vowed to support and help implement the actions being taken by the federal government.

“We won’t back down or be bullied into becoming another state,” said Premier Eby. “Our province is unified and resolute. We’ll never stop standing up for B.C. and Canada.”

Government leaders also strongly encouraged people to purchase Canadian products when possible.

Key Takeaways:

• The Canada Infrastructure Bank is providing a $60.7 million loan to support the Metlakatla Development Corporation and Prince Rupert Port Authority in developing the South Kaien Import Logistics Park, aligning with Metlakatla’s long-term vision for regional growth.
• The project will expand Prince Rupert’s import and transloading capabilities, with private sector investment expected to build infrastructure for handling up to 100,000 TEUs of cargo, strengthening Canada’s trade gateway to the Asia-Pacific.
• The initiative will create direct and indirect job opportunities, particularly for Indigenous communities, while also supporting infrastructure development within the CIB’s Trade & Transportation priority sector.

The Whole Story:

The Canada Infrastructure Bank (CIB) has reached financial close on a $60.7 million loan to help the Metlakatla Development Corporation (MDC) and the Prince Rupert Port Authority develop the Indigenous-led South Kaien Import Logistics Park in B.C.

Funding comes from the CIB’s Indigenous Community Infrastructure Initiative (ICII) and will be used for site infrastructure needed to develop 56 acres of flat, serviced land in proximity to Fairview Terminal, CN Rail and the recently announced CANXPORT facility.  

More than half of the logistics park is leased for a logistics and warehousing complex which significantly expands and strengthens import transloading and related capabilities at the Port of Prince Rupert. The remaining 23 acres are available for lease. 

Most of the site preparation work is expected to be completed within two years and relates to heavy civil construction, land removal and levelling bedrock.  

A subsequent phase will see private sector investment build transloading and warehousing infrastructure. This will create approximately 100,000 twenty-foot-equivalent units of capacity to transload marine containers into domestic 53-foot containers.

Officials stated that this project is part of Metlakatla’s long-term vision for enabling regional growth and benefiting the next generation of its members. 

They noted that it also provides the ancillary benefits of creating and sustaining direct and indirect jobs and training opportunities for Metlakatla members and other Indigenous people in the Prince Rupert region – many of whom are already employed within the trade corridor.  

The investment is the CIB’s second in a port. In May, CIB announced a $150-million loan to help build the CANXPORT export logistics hub at another site at the Port of Prince Rupert. 

Funded through ICII, the project is within CIB’s Trade & Transportation priority sector, which is dedicated to addressing financing gaps in new projects such as ports, freight highways, roads, bridges, tunnels and passenger rail. 

The Port of Prince Rupert is a critical Canadian trade gateway that ships a diversified portfolio of cargoes through several intermodal, dry bulk and liquid bulk terminals. The Port is the closest North American west coast port to Asia-Pacific markets. The Port is also the deepest natural harbour in North America, is ice-free year-round, and is able to accommodate the largest vessels in the shipping trade.

Key Takeaways:

• B.C. is fast-tracking $20 billion in private-sector projects to boost the economy and counteract the negative impacts of U.S. tariffs, with an expected 6,000 new jobs in rural and remote areas.
• The province’s strategy includes retaliatory measures and outreach to U.S. policymakers, economic strengthening through expedited projects, and diversification of trade to reduce reliance on the U.S. market.
• A new trade and economic security task force, along with a cabinet-level “war room,” will oversee a unified government approach to protecting B.C.’s economy, businesses, and workers.

The Whole Story:

B.C. and Alberta have announed plans to speed up large private sector projects as part of its response to large U.S. tariffs.

In Alberta, Premier Danielle smith called on the federal government and other provinces to “immediately commence a national effort to fast track and build oil and gas pipelines to the east and west coasts of Canada, construct multiple LNG terminals on each coast, increase internal refining capacity, unleash the development of critical minerals, lower taxes, reduce red tape, tear down interprovincial trade barriers and re-empower provinces to develop our unique economies without constant federal interference and imposition of anti-resource development laws.”

Premier David Eby announced he is assessing private-sector projects worth $20 billion with the goal of getting them approved as quickly as possible, and issuing their permits faster. These are expected to create 6,000 jobs in remote and rural communities. In addition, the Province has vowed to support and help implement the actions being taken by the federal government.

Premier Eby added that additional measures are under consideration by B.C. and could be introduced in the coming days and weeks.

“We won’t back down or be bullied into becoming another state,” said Premier Eby. “Our province is unified and resolute. We’ll never stop standing up for B.C. and Canada.”

In January 2025, B.C. released its preliminary assessment of 25% tariffs. That analysis showed that B.C. could see a cumulative loss of $69 billion in economic activity between 2025 and 2028, along with the loss of more than 120,000 jobs. Estimates also indicated 25% tariffs on Canadian mineral exports alone will cost American companies over US$11 billion and have a profound effect on the U.S. defense industry, energy production, and manufacturing.

The B.C. government says it has a three-point approach to fight back against the tariffs:

• respond to U.S. tariffs with tough counter-actions and outreach to American decision-makers;
• strengthen B.C.’s economy by expediting projects and supporting industry and workers; and
• diversify trade markets for products so British Columbia is less reliant on U.S. markets and customers.

To support B.C.’s strong tariff response and ensure actions are swift, responsive and co-ordinated, Premier Eby has established a trade and economic security task force to bring together business, labour and Indigenous leadership. The task force is co-chaired by Tamara Vrooman from the Vancouver International Airport, Jonathan Price from Teck, Bridgitte Anderson from the Greater Vancouver Board of Trade, and includes B.C.’s largest business organizations.

A new cabinet committee will act as a day-to-day war room, co-ordinating the whole-of-government approach the Province is taking to protect B.C.’s workers, businesses and economy.

According to the province:

• 54% of BC exports in 2023 were sent to the United States;
• Wood, pulp and paper, metallic mineral and energy products combined make up approximately 67% of total goods exports.
• The top five states for B.C.’s exports were: Washington ($9.8 billion), California ($3.2 billion), Illinois ($2.1 billion), Texas ($1.5 billion), Oregon ($1.3 billion)

The federal government has announced an investment of more than $663 million in transit funding to improve Metro Vancouver’s public transit infrastructure, providing predictable and long-term funding, tied to greater density near transit.

This funding, which will be delivered to TransLink over 10 years from 2026 until 2036, will help Metro Vancouver advance key improvements to its public transit system and help respond to critical transit needs caused by rapid population growth. Providing long-term, predictable funding will help TransLink plan, upgrade, replace, or modernize existing public transit and active transportation infrastructure.

Officials stated that these investments, beginning in 2026 until 2036, will help increase the housing supply and affordability as part of complete, transit-oriented communities, while helping to reduce greenhouse gas emissions and mitigate the impacts of climate change.

“Through a $663 million injection of reliable, predictable baseline funding for TransLink, this federal government is keeping Metro Vancouver residents connected to their work and communities,” said Jonathan Wilkinson, Minister of Energy and Natural Resources. “The funding, which will focus on expansions, improvements, and repair, is critical to the stability and future of public transit in the region, including along the North Shore. Reliable public transit infrastructure is key to reducing traffic, lowering air pollution, and improving affordability for all communities.”

Baseline funding is conditional on TransLink submitting a capital plan, and the subsequent signing of a funding agreement.

Key Takeaways:

• Graham Power Services, in partnership with 42 West Constructors Ltd., plans to acquire the powerline construction and maintenance assets of Rokstad Power Ltd. and affiliates, subject to approval by the British Columbia Supreme Court, with a target close date of February 17, 2025.
• Graham intends to maintain existing agreements with First Nations for work with BC Hydro, emphasizing sustainable and community-focused practices. Additionally, 42 West Constructors Ltd. will continue the collective bargaining agreement with Local Union 258 of the International Brotherhood of Electrical Workers.
• The acquired team will operate as Graham Power Services, offering overhead and underground powerline construction, maintenance, storm response, and substation services. Bryan Plowe will lead operations in British Columbia, focusing on strengthening customer relationships and creating growth opportunities.

The Whole Story:

Graham Power Services on behalf of its parent, Graham Maintenance Services LP. and its partner, 42 West Constructors Ltd., announced today that Graham intends to acquire the powerline construction and maintenance assets and resources of Rokstad Power Ltd. and affiliates from FTI Consulting Canada Inc, in its capacity as court-appointed receiver of Rokstad.

The transaction remains subject to the approval of the British Columbia Supreme Court, the hearing for which is currently scheduled for January 31, 2025. Once approved, there are certain closing conditions that will need to be met, with an outside close date of February 17, 2025.

Graham is an employee-owned business with over 2,700 staff and the capacity for up to 6,000 craft workers. Established in 1926 and with offices throughout North America, Graham Group generates annual revenues exceeding $4 billion and has delivered over 500 projects annually.

“Graham is very excited for the opportunity to welcome a highly capable team that will now operate as Graham Power Services, delivering maintenance and construction of overhead and underground distribution and transmission systems, as well as emergency response to storms and substation services,” said Thomas Grell, Graham’s Executive Vice President, Services.

As part of the transaction, Graham intends to assume and maintain all existing agreements and relationships between impacted First Nations to perform work designated with BC Hydro.

“It will also be our honor to continue to build and grow these existing relationships with all Indigenous groups that share the same values for territory sustainability, economic stewardship for the land, and to benefit their communities,” said Graham Vice President, Terry Mitchell.    

42 West Constructors Ltd. intends to assume and continue the collective bargaining agreement (master line agreement) with Local Union 258 of the International Brotherhood of Electrical Workers.   

Graham Power Services operations in BC will continue under the leadership of Bryan Plowe as Vice President, Power Services.

“I am proud of the services our team has been delivering to outstanding Canadian customers like BC Hydro and many others,” said Plowe. “As we join Graham, I am excited by the possibilities for expanding our customer relationships, working with other divisions of Graham, and creating opportunities for our people.”

BBA, based in Mont-Saint-Hilaire, Quebec, has acquired Calgary-based Kilo Power, a consulting engineering firm specializing in utility-scale solar energy projects across North America and New Zealand. Kilo Power provides comprehensive services for photovoltaic (PV) generation, grid interconnections, and high- and medium-voltage AC systems. The acquisition aims to bolster BBA’s renewable energy footprint, particularly in Alberta, and enhance its capabilities in solar PV and battery energy storage solutions.

CPP Investments and Bridge Industrial have committed over $1.13 billion to establish a portfolio of industrial properties in core U.S. markets, with CPP owning 95% and Bridge managing the portfolio. The joint venture will focus on acquisitions and potential new developments to meet growing demand for logistics properties supporting faster shipping times in a market with limited warehouse construction space. This marks the second collaboration between the firms, following a 2021 venture investing $1.4 billion in developments in Miami and Los Angeles.

Western LNG has secured over $150 million in a private equity placement, led by Blackstone Energy Transition Partners, to advance its Ksi Lisims LNG and Prince Rupert Gas Transmission (PRGT) projects through to a Final Investment Decision (FID) expected in 2025. With cumulative investments now exceeding $265 million, the funding supports environmental permitting, engineering, and engagement with Indigenous and local stakeholders, including the Nisga’a Nation.

United Rentals announced its $4.8 billion acquisition of H&E Equipment Services to expand its presence in the U.S. equipment rental market, driven by strong demand from construction firms amid increased infrastructure spending and reshoring trends. The deal offers H&E shareholders $92 per share, a 109.4% premium, and includes a 35-day “go-shop” period for alternative bids. The merger will add nearly 64,000 units to United Rentals’ fleet and is expected to achieve $130 million in annual cost synergies within two years.

Forest products producer Marwood Ltd. has announced that it has agreed to purchase all of the assets of Fraser Specialty Products Ltd., operating as Fraser Wood Siding. Fredericton, N.B.-based Marwood said in a release that the acquisition will add a ninth manufacturing site to its network. Fraser, headquartered in Edmundston, N.B., manufactures and paints solid wood siding, trims, and shingles.

EllisDon Corporation has partnered with Palantir Technologies to deploy advanced AI and data analytics tools, enhancing its operational capabilities and driving growth in the construction technology sector. This collaboration, which began in summer 2024, leverages EllisDon’s modernized data infrastructure—developed over a decade—to optimize operations and improve efficiency.

GFL Environmental Inc. has agreed to sell its Environmental Services business to Apollo and BC Partners for $8 billion, while retaining a 44% equity stake. The transaction will provide GFL with approximately $6.2 billion in net cash proceeds, enabling it to reduce debt by up to $3.75 billion, allocate up to $2.25 billion for share repurchases, and use the remainder for transaction costs and general corporate purposes.

The sale of our Environmental Services business at an enterprise value of $8 billion is substantially above our initial expectations and is a testament to the quality of the business that we have built. The transaction will allow us to materially delever our balance sheet which will accelerate our path to an investment grade credit rating.

Patrick Dovigi, Founder and Chief Executive Officer of GFL

The First Nations Major Projects Coalition has announced the launch of ‘Nations Forward: First Nations in Major Projects’, a brand-new magazine produced in partnership with MediaEdge Communications.
Nations Forward will become the official voice of the FNMPC, delivering knowledge and resources to help advance fully informed decision-making regarding First Nations participation in major projects.

UK-based renewable energy company Low Carbon has signed a 10-year Power Purchase Agreement (PPA) with Quebec-based carbon removal developer Deep Sky to supply 10 GWh of renewable energy annually from its Lethbridge 1 solar project in Canada. This clean energy will power 100% of operations at Deep Sky’s Alberta facility, Deep Sky Alpha. The agreement underscores Low Carbon’s role as a leading independent power producer and aligns with the growing trend of organizations securing renewable energy contracts to meet climate goals. Both companies highlighted the importance of this partnership in supporting decarbonization and innovative carbon removal initiatives.

YRH Inc. and Pinargon Ltd., two Canadian consulting engineering firms specializing in telecommunications infrastructure and wireless communications, announced their merger, effective February 1, 2025, forming a unified entity under the YRH Inc. name. Combining decades of expertise, the merger will enhance their capabilities in wireless communications, telecom structures, fibre optics, and intelligent transportation systems (ITS), enabling them to offer more integrated and innovative services.

China’s Sinopec is in discussions with Pembina Pipeline for a potential liquefied natural gas (LNG) offtake agreement and an equity stake in the Cedar LNG project, a proposed $4 billion LNG export terminal in Canada. The project, a joint venture with the Haisla First Nation, would produce 3 million metric tons of LNG annually, with completion expected by 2028, pending a final investment decision in mid-2024.