{"id":3747,"date":"2026-09-12T20:05:00","date_gmt":"2026-09-12T15:05:00","guid":{"rendered":"https:\/\/gtastrategies.com\/?p=3747"},"modified":"2026-09-16T06:12:07","modified_gmt":"2026-09-16T01:12:07","slug":"new-money-is-flowing-into-construction-where-can-your-business-benefit","status":"publish","type":"post","link":"https:\/\/gtastrategies.com\/index.php\/2026\/09\/12\/new-money-is-flowing-into-construction-where-can-your-business-benefit\/","title":{"rendered":"New Money Is Flowing Into Construction \u2014 Where Can Your Business Benefit?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3747\" class=\"elementor elementor-3747\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-54ea316c e-flex e-con-boxed parallax_section_no qode_elementor_container_no e-con e-parent\" data-id=\"54ea316c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7f5c1622 elementor-widget elementor-widget-text-editor\" data-id=\"7f5c1622\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2 style=\"text-align: left;\" align=\"center\"><span style=\"font-size: 16px;\">Toronto, ON \u2013 September 12, 2026<\/span><\/h2><p>The Canadian construction industry is entering a period of both <strong>major opportunity and serious cost pressure<\/strong>. Billions of dollars are being committed to housing, infrastructure and new construction, while U.S. tariffs and Canadian counter-tariffs are increasing the cost of materials, equipment and components.<\/p><p>If you are a\u00a0<strong>builder, developer, contractor, construction supplier, manufacturer, engineering firm, trades company or related business<\/strong>, these changes could directly affect your costs, projects and access to government support.<\/p><h3>The Big Housing Story: Canada Still Needs Millions Of Homes<\/h3><h3><span style=\"font-size: 16px;\">CMHC is warning that Canada needs between <\/span><strong style=\"font-size: 16px;\">417,000 and 469,000 new homes every year through 2036<\/strong><span style=\"font-size: 16px;\"> to restore affordability to pre-pandemic levels. Canada is currently on pace for only about <\/span><strong style=\"font-size: 16px;\">231,000 homes annually<\/strong><span style=\"font-size: 16px;\">.<\/span><\/h3><p>Toronto continues to face particularly weak ownership construction, while Edmonton is currently the only major Canadian market without a significant housing supply gap.<\/p><p>For builders and suppliers, the message is clear: governments need substantially more housing construction\u2014but they also need to make projects financially viable.<\/p><h3>Major New Local And Provincial Initiatives<\/h3><h3><span style=\"font-size: 16px;\">Governments are increasingly using infrastructure funding and development-charge reductions to get projects moving.<\/span><\/h3><p><strong>Mississauga:<\/strong> Canada and Ontario have announced up to <strong>$401.4 million<\/strong> for housing-enabling infrastructure after the city committed to reducing residential development charges by 50%. Mississauga estimates the measures and infrastructure investment could help unlock <strong>90,000 homes<\/strong>.\u00a0<\/p><p><strong>Vaughan:<\/strong> Up to <strong>$697.2 million<\/strong> is being provided through the Development Charge Reduction Program after Vaughan committed to a 50% reduction in residential development charges, with qualifying projects potentially receiving complete development-charge relief during a specified construction window.\u00a0<\/p><p><strong>Toronto:<\/strong> The city is receiving <strong>$1.5 billion<\/strong> through the Development Charge Reduction Program following commitments to reduce residential development charges by 40% to 60%.\u00a0<\/p><p><strong>Ontario municipalities:<\/strong> Canada and Ontario have also announced a new <strong>$1-billion <\/strong><\/p><p><strong>infrastructure stream<\/strong> for municipalities that do not levy development charges, targeting roads, bridges, water and other infrastructure needed to unlock housing. Applications are expected to open <strong>October 29, 2026<\/strong>.\u00a0<\/p><p>Ontario is also receiving significant ongoing infrastructure investment through the new\u00a0<\/p><p><strong>Build Communities Strong Fund<\/strong>, including <strong>$932 million in 2026\u201327<\/strong> flowing to Ontario municipalities, Toronto and local infrastructure initiatives.\u00a0\u00a0<\/p><h3>Build Canada Homes Is Moving Money Into Projects<\/h3><h3><span style=\"font-size: 16px;\">Build Canada Homes is increasingly moving from policy into specific partnerships.<\/span><\/h3><p>In Alberta, BCH is providing up to <strong>$220 million<\/strong>, alongside more than <strong>$165 million from Alberta<\/strong> and approximately <strong>$238 million from other sources<\/strong>, to support at least <strong>1,460 affordable homes<\/strong> and approximately <strong>$623 million in total investment<\/strong>.<\/p><p>In Manitoba, federal, provincial and municipal governments are backing\u00a0<strong>821 new homes<\/strong>, with the partnership expected to unlock more than <strong>$400 million in total housing investment<\/strong>.<\/p><p>The federal government is also emphasizing\u00a0<strong>modular, factory-built, off-site and mass-timber construction<\/strong>. These technologies are increasingly being positioned as ways to shorten construction schedules, improve productivity and reduce costs.<\/p><h3>The Other Side Of The Story: Tariffs Are Hitting Construction Inputs<\/h3><h3><span style=\"font-size: 16px;\">Canada&#8217;s new counter-tariffs took effect\u00a0<\/span><strong style=\"font-size: 16px;\">September 8, 2026<\/strong><span style=\"font-size: 16px;\">, with tariffs of <\/span><strong style=\"font-size: 16px;\">15%, 25% and 50% on $27.6 billion of U.S. imports<\/strong><span style=\"font-size: 16px;\">.<\/span><\/h3><p>Affected sectors include <strong>steel and aluminum products, appliances, plastics, electronics, pulp and paper and other manufactured goods<\/strong>.<\/p><p>The Canadian Home Builders&#8217; Association has identified\u00a0<strong>155 tariff categories connected to residential construction and renovation<\/strong>, including products such as:<\/p><p><strong>drywall, carpeting, steel fasteners and fittings, window and door hardware, HVAC equipment, heat pumps, wiring and appliances.<\/strong><\/p><p>The concern is straightforward: higher material costs can make already-marginal projects uneconomic, delay construction and push housing prices higher.<\/p><h3>What About CUSMA?<\/h3><h3><span style=\"font-size: 16px;\">CUSMA remains in force and continues to provide important North American market access, but the <\/span><strong style=\"font-size: 16px;\">2026 Joint Review and ongoing U.S.-Canada sectoral tariff disputes have created substantial uncertainty<\/strong><span style=\"font-size: 16px;\">, particularly around steel, aluminum, automobiles and softwood lumber.\u00a0<\/span><\/h3><p>Construction companies should therefore be reviewing\u00a0<strong>where their materials originate, tariff classifications, supplier contracts and whether alternative Canadian or non-U.S. sources are available<\/strong>.<\/p><p>Importantly, Canada also maintains a\u00a0<strong>tariff-remission process<\/strong> where businesses can seek exceptional relief, including where required inputs cannot reasonably be sourced domestically or from non-U.S. suppliers.\u00a0<\/p><h3>New Government Support For Tariff-Affected Businesses<\/h3><h3><span style=\"font-size: 16px;\">Ottawa has announced a\u00a0<\/span><strong style=\"font-size: 16px;\">$7.5-billion package<\/strong><span style=\"font-size: 16px;\"> of new and expanded assistance for Canadian businesses and workers affected by U.S. tariffs.\u00a0<\/span><\/h3><p>Of particular importance:<\/p><p><strong>Regional Tariff Response Initiative \u2014 Expanded<\/strong><br \/>Applications are now open in southern Ontario. Eligible businesses may access up to <strong>$3 million in non-repayable support<\/strong>, including up to <strong>$2 million for demonstrated liquidity needs<\/strong>. Funding can also support productivity improvements, capital investments, business pivots, supply-chain resilience and expansion into new markets.<\/p><p><strong>Canada Strong Diversification Fund \u2014 $2 Billion<\/strong><br \/>Designed to help businesses adjust to trade disruption, strengthen domestic capacity and diversify into new markets.<\/p><p><strong>BDC Liquidity Support \u2014 $500 Million<\/strong><br \/>Additional financing targeted at tariff-affected companies.<\/p><p><strong>Rapid Response Supports \u2014 $3.5 Billion<\/strong><br \/>Worker retention, retraining and employer supports designed to protect employment during the tariff disruption.<\/p><p>The expanded Regional Tariff Response Initiative alone has received an additional\u00a0<strong>$1.5 billion<\/strong>, bringing total RDA-delivered tariff-response support to approximately <strong>$3.45 billion nationally<\/strong>.\u00a0<\/p><h3>What Should Construction Businesses Be Doing Now?<\/h3><h3><span style=\"font-size: 16px;\">Don&#8217;t look at tariffs, housing programs, and infrastructure announcements separately.<\/span><\/h3><p>A construction company may simultaneously be facing <strong>higher imported-material costs while becoming eligible for tariff assistance, new municipal infrastructure work, housing construction opportunities, development-charge reductions, financing programs or government procurement opportunities<\/strong>.<\/p><p>The companies that move first will be better positioned to protect margins and participate in the next round of publicly supported construction.<\/p><h3>How GTA Strategies Can Assist<\/h3><p><span style=\"font-size: 16px;\">GTA Strategies can review your company&#8217;s projects, tariff exposure and expansion plans and identify the federal, provincial and municipal programs that may apply. We can assist with funding applications, tariff-remission requests, government relations, municipal and provincial outreach, procurement opportunities and introductions to the appropriate government decision-makers. Rather than spending weeks trying to determine which programs apply, contact us and we will review the opportunities with you.<\/span><\/p><p>If you are planning a construction project, expanding your operations, purchasing equipment, facing tariff pressures or looking for government funding,\u00a0<strong>contact GTA Strategies now.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Toronto, ON \u2013 September 12, 2026 The Canadian construction industry is entering a period of both major opportunity and serious cost pressure. Billions of dollars are being committed to housing, infrastructure and new construction, while U.S. tariffs and Canadian counter-tariffs are increasing the cost of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2099,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-3747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases"],"_links":{"self":[{"href":"https:\/\/gtastrategies.com\/index.php\/wp-json\/wp\/v2\/posts\/3747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gtastrategies.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gtastrategies.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gtastrategies.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gtastrategies.com\/index.php\/wp-json\/wp\/v2\/comments?post=3747"}],"version-history":[{"count":4,"href":"https:\/\/gtastrategies.com\/index.php\/wp-json\/wp\/v2\/posts\/3747\/revisions"}],"predecessor-version":[{"id":3751,"href":"https:\/\/gtastrategies.com\/index.php\/wp-json\/wp\/v2\/posts\/3747\/revisions\/3751"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gtastrategies.com\/index.php\/wp-json\/wp\/v2\/media\/2099"}],"wp:attachment":[{"href":"https:\/\/gtastrategies.com\/index.php\/wp-json\/wp\/v2\/media?parent=3747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gtastrategies.com\/index.php\/wp-json\/wp\/v2\/categories?post=3747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gtastrategies.com\/index.php\/wp-json\/wp\/v2\/tags?post=3747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}