THE ELECTRICAL STOCK MARKET
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Global Leadership & Local Support: GoodWe’s Commitment to Innovation and Quality
June 19, 2024 GoodWe is a global PV inverter manufacturer and smart energy solution provider with nearly 5,000 employees worldwide, which has resulted in a well-established track record of over 71 GW of installations in over 100 countries and regions as of the end of 2023. A recently announced partnership with Guillevin marks their first… Read More…
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TSBC Directive: Advertising Requirements for Licensed Contractors
June 18, 2024 This directive, published May 2, 2024, is being issued by a provincial safety manager pursuant to section 30 of the Safety Standards Act. On September 6, 2022, changes to the Safety Standards General Regulation came into effect that require licensed contractors to publish their company name and Technical Safety BC licence number… Read More…
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TSBC Announces Adoption of BC Electrical Code, 2024 Edition
June 18, 2024 Effective March 4, 2025 the Canadian Electrical Code, Part I, 26th Edition, Safety Standard for Electrical Installations, Canadian Standards Association Standard C22.1-24 is adopted as the BC Electrical Code. All electrical work subject to the BC Electrical Code must comply with the updated edition effective March 4, 2025. All code-related information bulletins… Read More…
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Investment in Single-Family Homes Continues to Rise for April
June 14, 2024 Month over month, investment in building construction increased 4.5% to $20.4 billion in March. The residential sector was up 5.4% to $14.3 billion, while investment in the non-residential sector increased 2.3% to $6.1 billion. On a constant dollar basis (2017=100), investment in building construction increased 4.1% to $12.5 billion in March. Investment in single-family homes continues to rise Investment in… Read More…
Changing Scene
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Local Governments Receive Grants to Speed up Delivery of Homes in B.C.
June 21, 2024 Thirty-eight local B.C. governments will soon receive a grant to create more efficient development approvals processes. “We’re leaving no stone unturned in our work to deliver more homes for people, faster,” said Ravi Kahlon, Minister of Housing. “The Local Government Development Approvals Program was created so that local governments can improve the internal… Read More…
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Construction of New Affordable Housing Units in Saskatoon
June 21, 2024 Individuals in low-income situations will soon have access to new affordable housing units in Saskatoon thanks to a joint investment from the governments of Canada and Saskatchewan. The Saskatchewan provincial government has announced the construction of four new affordable housing units in Saskatoon’s Riversdale neighbourhood. The new, one-storey fourplex will be owned… Read More…
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New Programs Support Housing Development Costs in PEI
June 21, 2024 Over $25 million in new financial support programs will help build the infrastructure needed for approximately 700 new construction-ready residential lots. The Municipal Infrastructure Fund administered through the Federation of PEI Municipalities will provide a non-repayable grant, up to a maximum of $300,000, to developers creating lots and subdivisions within municipalities in rural PEI… Read More…
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The Construction Industry in Quebec: Productivity Issues Go Beyond the Reforms of Act R-20
June 21, 2024 The Quebec government has just adopted the Act to modernize the construction industry, and the Centre for Productivity and Prosperity – Walter J. Somers Foundation (CPP) has now released a study concluding that these reforms will not be enough to improve the industry’s real productivity. “The construction industry is at a turning point,” explains Robert Gagné,… Read More…
