EYE ON ICI – OCS Newsletter – May 2018
FUTURE BUILDING 2018 RECAP: THE FUTURE IS NOW FOR BUILDING A CAREER IN CONSTRUCTION
There has never been a better time to explore career opportunities in the skilled trades. With an aging workforce and record levels of investment in infrastructure and non-residential construction, the construction industry offers today’s youth a vibrant, creative and high-tech career that emphasizes continuous learning, collaborative teamwork as well as individual initiative. Future Building provides students attending the 3-day construction trade exposition a glimpse into the world of construction as they try their hands at a variety of tools and learn about apprenticeship and the skilled trades as a future career path.
#OCS25YEARS: OCS ANNUAL EVENTS: LEARNING AND GROWING
2001 was a significant year in the history of the Ontario Construction Secretariat (OCS). It was a busy year as the OCS introduced two industry events designed to support the management and business side of the organization and the labour side respectively.
STAKEHOLDER PROFILE – HEAT AND FROST INSULATORS: BEING GREEN BEFORE GREEN WAS COOL
Did you know that mechanical insulation has been used and installed since the early 1900’s, many decades before the environmental movement? As mechanical systems evolved, the insulation industry grew to meet industry’s demands to help control condensation, prevent freezing and injuries and to ultimately save energy and cut costs. While the insulating materials have changed dramatically over the years, the purpose remains the same.
INCREASE IN ONTARIO’S FIRST QUARTER ICI PERMIT VALUES LED BY TORONTO, LONDON AND ST. CATHARINE-NIAGARA
Ontario’s ICI permit values amounted to over $2.8 billion in the first quarter of 2018, an increase of 17% compared to Q1 2017. The province’s ICI growth was driven by permit value increases of 27% in Toronto, 130% in London, and 85% in St. Catharines-Niagara. Guelph and Oshawa both had double-digit increases in total ICI permit values in Q1, while permit values increased slightly overall in both Brantford and Ottawa. In Barrie, Belleville, Hamilton, Kingston, Kitchener-Cambridge-Waterloo, Peterborough, Thunder Bay and Windsor, total ICI permit values fell by double-digits.
Monthly Economic Indicators
View current economic indicators for Ontario such as ICI Building Permits, Construction Employment, CPI Inflation, Unemployment Rate, Non-Residential Building Construction Price Index and the Ontario & Canadian GDP.
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