Category: Kevin Leh
The Canadian Manufacturing Purchasing Managers Index (PMI) was released earlier today, and shows the sector achieving “their strongest overall performance since April 2011, with the headline PMI reading boosted by faster new order growth and the greatest increase in pre-production inventories for six years.”* Regionally, “Quebec experienced the strongest overall improvement in manufacturing conditions” according … Read More »
In the professional world, most of us have been taught that “more is better”. Particularly in the construction and engineering fields, spending long hours at work are viewed as the
hallmark of good work ethic. But what if long hours are actually slowing you and your team down?
The latest research on this concept has been an … Read More »
Last week, the Canadian Government tentatively sanctioned the Pacific Northwest LNG terminal for exporting liquefied natural gas on Lelu Island, near Prince Rupert, B.C.
The decision has created a good deal of controversy as concerns arise that the enormous facility might have a strong impact on the environment. Pacific Northwest is adamant that the project will … Read More »
The projected wage growth in Canada’s 2016 construction industry is marginal. The reduction in Canada’s oil production and the cancellation of many capital projects inevitably leaves construction wage growth at a standstill. There now exists a 94% correlation between the Canadian Dollar and oil prices, as Canada’s Loonie has chased oil prices extremely closely over … Read More »
Fort McMurray will enter uncharted territory when it starts reconstructing houses and businesses destroyed by last month’s wildfire. The fire forced the evacuation of 94,000 people, shut down half of the region’s oil production and destroyed 2,400 homes and businesses. Rebuilding Fort McMurray will need to be a coordinated approach between construction companies, insurance companies, … Read More »