Those working in the construction industry need to manage the effects that a rising prime interest rate will have on their business. In fact, the entire housing market and Canadian economy at large will see ripple effects from the impacts on the construction industry. 

So, how exactly does the hike in interest rates affect construction? Below, we discuss the effects on various levels within the industry and what you can do to mitigate rising costs.  

Commercial real estate in Saskatoon

RJC in position for the “Saskaboom”

Commercial real estate (CRE) is surging in Saskatoon. And with an uptick in developments across the province comes demands for CRE industry partners like RJC Engineers who can contribute to more efficient, sustainable, and cutting-edge builds.

Considerations for rooftop solar panelling
The search for cleaner, greener energy is giving rise to rooftop solar panels on all property types. And while there are clear advantages to harvesting renewable energy from the sun, important design and installation considerations must be made to ensure those benefits shine.