The federal government is pledging to invest in 15 new projects to improve water management in Southern Ontario, a new wearable device could help improve safety in the contracting and construction industry, and B.C. cattle farmers are worried about the devastating losses they face as wildfires rage on. Here’s this week’s Noteworthy News.
Noteworthy News – July 26, 2017
- The housing market in the GTA is going both ways: while the re-sale property market continues to slump, new condo and townhouse builds are climbing, accounting for 91% of June home sales. Via the Toronto Star
- Ford is flying high on spiking profits tied to a lower tax rate and better pickup truck sales. The automaker reported a net profit that exceeded expectations in the first quarter, but some experts warn a downturn in the auto industry is coming. Via BNN
- The federal government is supporting a push for better water and wastewater management in Southern Ontario, with over $2.7 million earmarked for 15 new projects in the region. Via On-Site
- The British Colombia Cattlemen’s Association worries that with over 100 wildfires still burning across the province, financial losses will be in the hundreds of millions of dollars. No word yet on how the federal and provincial governments could come to the rescue. Via Canadian Underwriter