Opinion: Multifamily, Commercial Construction Costs to Rise With Tariffs

sbabonds Uncategorized 0 Comments

A Walton College economist Mervin Jebaraj doesn’t see much upside to tariffs that President Donald Trump says he plans to impose. On Thursday (March 8), Trump pulled the trigger on tariffs for steel and aluminum imports. The President’s order places a 25% tariff on steel imports and a 10% tariff on aluminum imports, and created exemptions for imports from Canada …

Experts: Ontario Law May Grow Surety Market in Canada’s Public-Private Sector

sbabonds Uncategorized 0 Comments

Legislation passed late last year in Ontario that requires surety bonds for municipal contracts will likely expand the surety market in both the public and public-private sectors in Canada, industry sources say. The legislation may also have a knock-on effect on other provinces, they add. In British Columbia, the B.C. Law Institute is currently undertaking a review of the Builders …

Contractors, Distributors Optimistic About Increased Construction Activity

sbabonds Uncategorized 0 Comments

The Wells Fargo report matches up with the Associated General Contractors of America’s and Sage Construction and Real Estate’s 2018 outlook report released in early January. That report found that 75% of the construction companies surveyed planned to add to their payrolls this year, a sentiment spurred on by lower tax rates and expected regulatory reform. Read more here >>>