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Canada’s housing market weakened through Q2, but the national decline masks sharp regional differences, with single-detached construction particularly affected. Meanwhile, contractors in British Columbia face growing exposure as project equity erodes and insolvencies rise. Stronger holdback practices, careful contract terms and disciplined receivables management are becoming increasingly important as construction conditions create greater financial risk across the sector for contractors. |
– Tyler Holt, Editor |
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Metrie appoints Stewart Andrade as CFO |
Metrie has appointed Stewart Andrade as chief financial officer, replacing Jeremy Black, who will retire at the end of August 2026. Vancouver-based Metrie, a manufacturer and distributor of millwork solutions in ... Read more. |
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Contractors Navigate a Riskier Market |
The British Columbia construction industry is undergoing a period of sustained stress. Dramatically decreasing market demand has resulted in an erosion of project equity across the province. As equity positions ... Read more. |
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Contributors wanted! We’re always looking for contributing writers and stories for our newsletter. If you have something you’d like to share with readers and want more details, please email Jake Blanchard at jakeb@mediaedge.ca. |
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