Around the globe, the construction sector is in the midst of a profound transformation. Faced with an array of social, economic, and environmental challenges, the industry is adapting to new demands and regulations. As urban populations swell—80% of the world's population is projected to live in cities by 2050, with Canada already at 81%— the need for affordable, high-performance multifamily housing has never been more pressing. The sector is grappling with rising operational costs, material expenses, and a shrinking labour force, all while striving to enhance energy efficiency and affordability in rapidly densifying urban areas.
THE CARBON CONUNDRUM
Decarbonizing construction is a crucial part of this transformation. For decades, regulations have focused on operational energy, pushing the industry toward buildings with minimal energy demand and related monthly costs. Recently, however,…