2013 a strong year for residential construction in Red Deer

The value of residential construction and renovation work in Red Deer jumped more than 27 per cent in 2013, according to a report commissioned by the Canadian Home Builders’ Association — Alberta.

The value of residential construction and renovation work in Red Deer jumped more than 27 per cent in 2013, according to a report commissioned by the Canadian Home Builders’ Association — Alberta.

Consulting firm Will Dunning Inc. calculated the value of new residential construction in the city last year at $159 million, with renovations adding $149 million and related expenditures like realty and legal costs contributing $26 million. The total of $334 million was up sharply from the $262 million that a similar report prepared a year earlier assigned to building activity in 2012.

The most recent report estimated that 2,520 jobs resulted from the residential construction and renovation industry in Red Deer in 2013 — based on person years of work. Of these, 1,370 were direct construction jobs and 1,150 were indirect positions either in Alberta or outside the province. Total wages associated with these jobs were $159 million, said the report.

In 2012, it was estimated that 880 direct jobs and 810 indirect jobs resulted from local residential construction activity. The related wage tally was $105 million.

Provincewide, the report said the residential construction economic impact was $17.9 billion in 2013. That was up 17 per cent from the $15.2 billion in 2012. Total jobs were calculated at more than 100,000 in Alberta and nearly 25,000 elsewhere in Canada. Wages totaled $7.9 billion.

The report indicated that almost one-fifth of all the new homes built in Canada were located in Alberta — the highest proportion since 2007.

“The pressure is on Alberta’s housing market with both rents and existing home sales rising fast,” said Jim Rivait, CEO of Canadian Home Builders’ Association — Alberta, in a release. “New homes are needed to keep prices from rising out of reach of many Albertans, especially first-time buyers.”

Last year, there were 784 housing starts in Red Deer, up 38 per cent from 568 in 2012. The 2013 total was the highest for the city since 2007, when builders combined for 1,558 starts prior to the onset of the recession.

Just Posted

Supporters dance during a rally against measures taken by government and health authorities to curb the spread of COVID-19 at the Whistle Stop Cafe in Mirror, Alta., on Saturday, May 8, 2021. RCMP say they have ticketed four people after the rally that was attended by hundreds.THE CANADIAN PRESS/Jason Franson
Alberta leadership responsible for protests against public health orders: expert

EDMONTON — A criminologist says a recent court order that allows Alberta… Continue reading

Alberta Premier Jason Kenney arrives at the 2021 budget in Edmonton, Thursday, Feb. 25, 2021.
Kenney distances himself from caucus vote to turf dissidents with ‘personal agendas’

EDMONTON — Alberta Premier Jason Kenney says he kept his distance in… Continue reading

Rental units in Red Deer continued to be some of the most affordable in Canada, according to the National Rent Report from Rental.ca. (THE CANADIAN PRESS/Chris Young)
Red Deer rent up year over year, still among lowest in Canada

Rent in Red Deer is up nearly six per cent but is… Continue reading

Rebels logo.
Red Deer Rebels trade last year’s first overall selection in U.S. Prospects Draft

The Red Deer Rebels have traded their first overall selection from the… Continue reading

Bo’s Bar and Grill owner Brennen Wowk said the hospitality industry is looking for more clarity from the province around what conditions must be met to allow for restaurants reopening. (Advocate file photo)
Frustated restaurant owners want to know government’s reopening plan

Restaurant owners feel they are in lockdown limbo

Alberta’s provincial flag flies on a flag pole in Ottawa, Monday, July 6, 2020. A judge is expected to rule this morning on a challenge of the United Conservative government’s inquiry into whether foreign groups have conspired against Alberta’s oil industry. THE CANADIAN PRESS/Adrian Wyld
Judge dismisses attempt to quash ‘anti-Alberta’ activities inquiry

CALGARY — A judge has dismissed an attempt to quash the United… Continue reading

Unifor National President Jerry Dias is seen at a meeting in Toronto, Thursday, Nov. 5, 2020. The head of the country’s largest private-sector union says Parliament should raise the federal minimum wage to $15 per hour, and possibly put future increases into the hands of an independent commission. THE CANADIAN PRESS/Carlos Osorio
Business, labour groups clash at Senate committee over $15 federal minimum wage

OTTAWA — The head of the country’s largest private-sector union says Parliament… Continue reading

In this file photo dated Friday, Feb. 12, 2021, doses of AstraZeneca vaccines for COVID-19 sit in vials at the Fiocruz Foundation after being bottled in Rio de Janeiro, Brazil. Some health experts are questioning Canada's decision to accept thousands of doses of the Oxford-AstraZeneca vaccine this week just for them to sit in freezers in an Ontario warehouse because provinces have shunned the idea of using any more of them for first doses. THE CANADIAN PRESS/AP/Bruna Prado, FILE
Experts call on Canada to use COVAX doses of AstraZeneca or give them back

OTTAWA — Some health experts are questioning Canada’s decision to accept thousands… Continue reading

In this image from video, Rep. Brian Higgins, D-N.Y., speaks on the floor of the House of Representatives at the U.S. Capitol in Washington, Thursday, April 23, 2020. A U.S. lawmaker who has made a political crusade out of getting the border with Canada reopened is once again pressing his case with President Joe Biden. THE CANADIAN PRESS/AP-House Television via AP
New CDC guidance makes it clear: time to reopen Canada-U.S. border, congressman says

WASHINGTON — A U.S. lawmaker who has made a political crusade out… Continue reading

A used protective face mask is seen discarded on the ground in Vancouver, B.C. in May 2020. (Ashley Wadhwani/Black Press Media)
Medical exception letters required for Albertans who don’t wear masks in public areas

EDMONTON — Alberta has moved to close loopholes people might use as… Continue reading

Team Canada’s head coach Troy Ryan talks with players before the start of the of the Rivalry Series at the Save-On-Foods Memorial Centre in Victoria, B.C., on Monday, February 3, 2020. Ryan of Spryfield, N.S., has been named head coach of Canada’s women’s hockey team for the 2022 Winter Olympics in Beijing.THE CANADIAN PRESS/Chad Hipolito
Troy Ryan to coach Canadian women’s hockey team in 2022 Winter Olympics

Ryan was Canada’s assistant coach from 2016 to 2019

FILE- In this April 19, 2021, file photo, people wearing masks as a precaution against the coronavirus wait to test for COVID-19 at a hospital in Hyderabad, India. Misinformation about the coronavirus is surging in India as the death toll from COVID-19 rises. Fueled by anguish, distrust and political polarization, the claims are further compounding India’s crisis. (AP Photo/Mahesh Kumar A, File)
Misinformation surges amid India’s COVID-19 calamity

Distrust of Western vaccines and health care also driving misinformation

Most Read