Construction sector hit hard as Canada braces for economic downturn: CFIB

Construction sector hit hard as Canada braces for economic downturn: CFIB

Ontario Construction News staff writer Labour shortages in construction and personal services are adding pressure to an already slowing economy, according to a new report from the Canadian Federation of Independent Business. The CFIB’s Main Street Quarterly shows that job vacancy rates in construction hit 3.8 per cent in early 2025, among the highest […] The post Construction sector hit hard as Canada braces for economic downturn: CFIB appeared …

Another global economic expert has issued a warning about the Canadian economy, saying the coming recession will severely affect several provinces, including Ontario.