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NEWSWORTHY

KPMG survey finds construction industry affected by project failures

Auditing firm KPMG conducted a survey to senior construction leaders, and has concluded project failures weigh down on the industry and better collaboration efforts with contractors could help. “Global Construction Project Owners’ Survey: Climbing the Curve,” which targeted the Americas, Europe, the Middle East, Africa, and Asia Pacific, was built on face-to-face interviews with 109 leaders—many of which were CEOs from organizations carrying out large construction projects worldwide.

Canadian building permits experience big growth

In March, the number of building permits in Canada recently saw its largest jump in the past six months, according to Statistics Canada. Its report states the increase in construction intentions for multi-family units in Ontario and the number of permits for non-residential buildings in British Columbia and Alberta were the main contributors to the overall growth.

Canadian LEED certification starts off 2015 with a bang

The first four months of the year showed strong growth in Leadership in Energy and Environmental Design (LEED) certification in Canada. The Canada Green Building Council (CaGBC) saw 135 registrations and 202 certifications between January 1 and April 30, bringing the total number of LEED-certified buildings in Canada to 2252.

Surveyors predict drop in Canadian construction

A market survey conducted by the Royal Institute of Chartered Surveyors (RICS) forecasts a two per cent drop in the Canadian construction industry due to reduced oil prices. Based on the quarterly survey responses, the overall output is expected to be two per cent lower than if the oil prices had not declined.

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