Digging In

Prefab finance 101


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Here's what we covered this week:

  • Tumbler Ridge Modular Campus: Specialized modular units from ATCO and Fort Modular are being rapidly deployed to provide a trauma-informed interim school solution following the tragedy at the original secondary school site.

  • CMHC Financing Overhaul: The new "Prefab Plus" program and modernized draw schedules aim to accelerate housing supply by finally aligning mortgage insurance and developer funding with the unique technical phases of modular construction.

  • Nisutlin Bay Bridge Setbacks: Yukon's largest-ever infrastructure project is in flux after the government ended its contract with Graham Infrastructure and WSP due to critical soil instability and structural hurdles.

  • Bruce C Nuclear Planning: Ontario is investing $300 million into the pre-development of four new reactors, a massive energy expansion that hinges on 2028 federal approvals and crucial negotiations with the Saugeen Ojibway Nation.

Huge thanks to this week's sponsor, Procore. SiteNews is partnering with Procore to research how builders are using AI. If you want to participate, you could win a $2,000 spa and golf getaway. Just click this link to start.

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Digging InBy SiteNews