Latest news with #BILDAlberta
Calgary Herald
07-08-2025
- Business
- Calgary Herald
Finalists lineup named for BILD Alberta Awards
Setting the stage for a night of anticipation come September, the Building Industry and Land Development Alberta Association (BILD Alberta) has announced the finalists for the 2025 BILD Alberta Awards. Article content 'The BILD Alberta Awards highlight the incredible creativity, design and innovation our members bring to every project,' says Scott Fash, CEO of BILD Alberta. Article content Article content Article content BILD Alberta is the unified voice for Alberta's land development, home building and renovation industry. Article content Article content This year, finalists were selected by a panel of 100 industry professionals, from a record number of more than 430 submissions. The judges carefully whittled down the entries to 126 finalists, which were distributed between entrants mainly from Edmonton and Calgary, with Edmonton-based projects picking up 33 finalist nods and Calgary earning 74. Alberta companies garnered six finalist places, while projects in the smaller Alberta centres of Red Deer, Medicine Hat, Wainwright and Lethbridge, respectively took six, four, two and one finalist nods. Article content Article content Toggle full screen modePrevious Gallery Image Next Gallery ImageToggle gallery captions View All 3 Photos 1 of 3 Article content This year it could be anyone's game. In the development sphere, Genesis Land showed well as a finalist contender, earning several nods for its Lewiston project in Calgary's northwest, one for the community's grand opening, one for its show home parade and one for Best New Community. Also earning nods in the Best New Community category are Cantiro's Alces in Edmonton and Lamon Land's Key Ranch in Calgary. Article content Best Growing Community finalist places went to Brookfield Residential (The Orchards in Edmonton), Alpine Park in Calgary also by Dream and Qualico Communities and Bordeaux Developments Harmony project. Article content The renovation categories were dominated by Calgary projects with Rusch Design Build, Crafted Edge Homes, Melanson Homes and Renovations and Reborn Renovations each taking three nods. Kay 2 Contracting earned two nods, while House Crush Design Studio took one.
Yahoo
01-08-2025
- Business
- Yahoo
Some Edmonton builders see up to 20% cost increases as tariff war continues
Construction experts say it's too soon to say how swiftly Edmonton's industry will be hit as U.S. President Donald Trump unveils a new set of tariffs — but some builders say they've had to deal with sharp increases of up to 20 per cent on supplies. "Since the tariffs and the announcements came out, we have been seeing lots of uncertainty," Issam Saleh, owner of Edmonton-based Vivid Homes, told CBC on Friday. "Our customers that we've been working with, they have been extremely cautious in terms of closing a deal." Trump signed an executive order on Thursday boosting tariffs from 25 per cent to 35 per cent on Canadian goods that don't comply with the Canada-U.S.-Mexico Agreement (CUSMA). "Our prices have escalated and increased, I would say, about 20 per cent," Saleh said, adding that sales have been impacted. "And then every time we go back to the customers about these prices, it just sends another negative vibe for them to close the deal. Scott Fash, CEO for Building Industry and Land Development Association (BILD) Alberta, said the situation is multifaceted and that costs may arise as a result of Canada's response to the U.S. imposing tariffs. "It's not the U.S. tariffs that impact the cost of housing. It's the Canadian tariffs that we put on in response to the U.S. tariffs. So us putting tariffs on a whole bunch of the U.S. products that we purchased to then build a home," Fash said. "That's where we're going to potentially see the impacts on housing costs, and in Canada and Alberta." Fash said much of the impact is from things like washers, dryers, stoves, HVAC systems and plumbing. Close to 70 per cent of the gypsum used to make drywall is also imported from the U.S. Fash said the federal government will need to be mindful on how it carves out exemptions for construction input costs. "Knowing we need to respond, but … selective in a way that's not going to hurt the person trying to buy a house." For some like Charles St-Arnaud, chief economist at Alberta Central, the central banking facility and trade association for. Alberta's credit unions, the overarching impact may not be as bad as it seems. "As more and more businesses do the paperwork and the heavy lifting to get their CUSMA compliance certificate .... the share of our exports that are submitted to tariffs will continue to to move lower," St-Arnaud said. However, St-Arnaud said tariffs still don't bode well for the construction industry. "The impact will be mainly on increased construction costs, in an area where already we're dealing with affordability issues, is not helping to provide a cheaper supply on the market." Long-term impacts Edmonton commercial contractor Jen Hancock with the Alberta Construction Association is optimistic about the long-term impacts of the tariffs. "With all the uncertainty, you see people hedging bets, raising prices, just little bits and pieces here and there, but that starts to layer on top of each other, projects become more expensive," Hancock told CBC. "Companies aren't going to lower their price, if they've been hedging their bets around tariffs, if they can get that money. So the uncertainty that's being created in the market right now is actually probably permanently raising construction costs, which isn't great for owners and it's not great for companies."
CTV News
07-07-2025
- Business
- CTV News
Developers want Alberta government to intervene on Canmore vacancy tax
Mt. Rundle rises behind homes being constructed in Canmore, Alta., in April 2023. An Alberta property developer association wants the province to review Canmore's vacant home tax. (The Canadian Press/Jeff McIntosh) The Building Industry and Land Development (BILD) Alberta Association is asking the Government of Alberta to review Canmore's vacancy tax bylaw , citing concerns about the precedent it would establish, according to the provincial lobbying registry. The Town of Canmore passed a bylaw in August 2024 that divided residential properties into five sub-classes and allows the administration to set different tax rates for primary residences, tourist homes and vacant properties. This is the first time a municipality has used its power to establish a higher tax bracket for vacant homes. In April, a Court of King's Bench judge ruled the bylaw was valid after it was challenged by a group of individuals and real estate management companies. Located about 20 minutes east of Banff National Park, Canmore's housing crisis is very different from other Alberta municipalities, and the administration required an equally unique solution, according to Mayor Sean Krausert. 'Like many mountain destinations before us, our limited footprint combined with global desirability leads to housing prices that are out of reach of the average person, and certainly beyond the means of many people who will need to make a living in the community,' Krausert told the IJF. The town has estimated that about 26 per cent of properties in Canmore are second homes that are not occupied by full-time residents. It's aiming to collect $12 million from these vacant properties through the Livability Tax Program. All revenue from the additional tax will be used to support the development of 2,000 non-market housing units. BILD Alberta is also lobbying the province for 'clearer definitions of municipal taxation authorities' and to consider intervention if a municipality's use of its powers 'deviates from their intended purpose.' Krausert said the province encourages municipalities to address their own respective issues where possible, and that 'given the great need and unique circumstances in Canmore, which will not be satisfied in another manner, I have significant concern with potential intervention by the province on our Livability Tax Program.' BILD Alberta did not respond to a request for comment by the time of publication.
Hamilton Spectator
03-07-2025
- Business
- Hamilton Spectator
Developers want Alberta government to intervene on Canmore vacancy tax
The Building Industry and Land Development (BILD) Alberta Association is asking the Government of Alberta to review Canmore's vacancy tax bylaw, citing concerns about the precedent it would establish, according to the provincial lobbying registry. The Town of Canmore passed a bylaw in August 2024 that divided residential properties into five sub-classes and allows the administration to set different tax rates for primary residences, tourist homes and vacant properties. This is the first time a municipality has used its power to establish a higher tax bracket for vacant homes. In April, a Court of King's Bench judge ruled the bylaw was valid after it was challenged by a group of individuals and real estate management companies. Located about 20 minutes east of Banff National Park, Canmore's housing crisis is very different from other Alberta municipalities, and the administration required an equally unique solution, according to Mayor Sean Krausert. 'Like many mountain destinations before us, our limited footprint combined with global desirability leads to housing prices that are out of reach of the average person, and certainly beyond the means of many people who will need to make a living in the community,' Krausert told the IJF. The town has estimated that about 26 per cent of properties in Canmore are second homes that are not occupied by full-time residents. It's aiming to collect $12 million from these vacant properties through the Livability Tax Program. All revenue from the additional tax will be used to support the development of 2,000 non-market housing units. BILD Alberta is also lobbying the province for 'clearer definitions of municipal taxation authorities' and to consider intervention if a municipality's use of its powers 'deviates from their intended purpose.' Krausert said the province encourages municipalities to address their own respective issues where possible, and that 'given the great need and unique circumstances in Canmore, which will not be satisfied in another manner, I have significant concern with potential intervention by the province on our Livability Tax Program.' BILD Alberta did not respond to a request for comment by the time of publication. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
