With trade tensions rising between Canada and the U.S., new tariffs are creating fresh challenges across the development landscape. For clients, lenders, and partners working on large-scale concrete and rental projects, these supply chain disruptions have real consequences for budgets, timelines, and delivery certainty.

At Purpose Driven Development, we’re actively managing these risks on current projects in construction.

Affordable housing development faces significant hurdles, with project financing standing as one of the most persistent challenges—especially in the non-market housing sector, where maintaining affordable rents is a top priority. Despite substantial support from government lenders, many projects struggle to secure necessary financing or fail to deliver on affordability promises.

At Purpose Driven Development, we recognize that economic shifts and evolving trade policies can create challenges for development projects. However, one fact remains clear: there is always a fundamental need for rental housing at all income levels to support the long-term sustainability and economic vitality of our cities and our economy.

As we approach the end of 2024, we wanted to take a moment to share some highlights from our team and thank our amazing clients, collaborators, and friends for an outstanding year.