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How Does the Increase in Prime Interest Affect the Construction Industry?

Details
Published: January 03rd, 2023

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.  

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Commercial real estate surging in Saskatoon

Details
Published: October 25th, 2022
Commercial real estate in Saskatoon

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.

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Here comes the sun: Considerations for rooftop solar panelling

Details
Published: September 30th, 2022
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.

Read more

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Archive

More Blogs
2025 (3)
May (1)
  • Proudly Sponsoring the 2025 Retrofit Canada Conference in Toronto
February (1)
  • How RJC Engineers is Addressing a Housing Affordability Crisis in Canada with Innovative Solutions
January (1)
  • Building Sustainable Futures: How Transit Villages Are Shaping London, Ontario
2024 (8)
November (1)
  • How RJC Supports CleanBC's MURB Retrofit Program for Multi-Unit Residential Buildings
July (1)
  • Indigenous Collaboration in Design: How We're Building a Future Together
June (1)
  • International Women in Engineering Day 2024: Why It Matters and How It Started
May (1)
  • Office Conversions to Residential Apartments: A New Avenue for Commercial Real Estate
April (1)
  • Integrated Project Delivery (IPD): Next Level Collaboration
March (1)
  • Naturally Sustainable: Embracing the Future with Mass Timber
February (2)
  • Exciting RJC Engineering Developments to Watch For in 2024
  • Keeping up with Kelowna - One of The Fastest Growing Cities in Canada
2023 (5)
November (1)
  • Embodied Carbon in Structures: Insights, Solutions & RJC's Commitment
August (1)
  • A Comprehensive Guide to Traffic Deck Coatings: Restoration and Installation Applications
July (1)
  • Unpacking the New BC Energy Step Code: A Step Towards Zero Carbon Emissions
May (1)
  • Opportunities abound in Nanaimo’s real estate market
January (1)
  • How Does the Increase in Prime Interest Affect the Construction Industry?
2022 (17)
October (1)
  • Commercial real estate surging in Saskatoon
September (3)
  • Smarter parking structure design and operation: The guiding principles of ParkSmart certification
  • The green roof revolution: Canadian successes and best practices
  • Here comes the sun: Considerations for rooftop solar panelling
August (3)
  • Celebrating the successes of women in engineering
  • A new net-zero carbon standard in zero-carbon buildings
  • Heritage conservation: Engineering old buildings and more
June (3)
  • Improving connectivity and sustainability through pedestrian bridge design
  • The mixed-use development: a growing trend
  • The importance of parking garage restoration
May (1)
  • Reserve fund studies and smart buildings
April (1)
  • The value of involving certified Passive House designers
March (3)
  • How buildings can improve occupant health
  • The benefits of the design-build project delivery method
  • The right way to approach reserve fund studies
February (1)
  • Six sustainability considerations for a building envelope-first approach
January (1)
  • The modern emergence of mass timber

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