Infrastructure
Construction Business
National infrastructure advisory body appointed
The Canadian government has appointed an 11-member advisory body to provide expert guidance on key infrastructure requirements to support housing production.
Construction Business
New Canadian Infrastructure Council announced
The federal government has announced the new Canadian Infrastructure Council to deliver the National Infrastructure Assessment.
Construction Business
Improvements set for Thompson Regional Airport
The federal government is providing $30 million to the Thompson Regional Airport for the construction of a new apron, two new taxiways.
Construction Business
Construction leaders call on feds to address issues
Construction leaders from across the country will be on Parliament Hill advocating for urgent intervention from the federal government.
Construction Business
Construction starting on Stanley Park water tunnel
Metro Vancouver will begin construction on the Stanley Park Water Supply Tunnel, a major project that will replace aging infrastructure.
Construction Business
BCCA reports declining investments in B.C. projects
The threat of poor industry support and declining investments in major projects is alarming according to the BC Construction Association.
Construction Business
YVR north runway set for $133M upgrade
Vancouver International Airport (YVR) is moving ahead with a modernization program to upgrade its North Runway in 2025.
Canadian Property Management
Rail infrastructure up for study in Winnipeg
Eminent Winnipegger Lloyd Axworthy will explore the feasibility of relocating the city’s rail infrastructure to open up strategic lands for housing and civic spaces.
REMI Network
Manitoba allocates $42 million for infrastructure projects
The Manitoba government is supporting 136 municipalities with an investment of $42 million for critical infrastructure projects.
Canadian Property Management
UK looks to investor role models in Canada
Canada’s largest pension funds have been identified as investor role models as the new government of the United Kingdom looks to catalyze economic growth.
Construction Business
B.C. funds $2.6B Highway 1 upgrades in Abbotsford
The Government of British Columbia is investing $2.65 billion in new funding to widen and improve Highway 1 through the Fraser Valley.
Construction Business
$3B power upgrade for Vancouver Island
BC Hydro will build more than $3 billion in capital projects on Vancouver Island to upgrade the electricity grid and provide clean power.
Canadian Property Management
OMERS to garner $1.35 billion from LifeLabs sale
OMERS has agreed to sell the LifeLabs network of laboratories and collection centres for providing and relaying diagnostic information to U.S.-based Quest Diagnostics for CAD $1.35 billion.
Canadian Property Management
Fengate ups digital infrastructure investment
Fengate Asset Management has increased its equity stake in Canadian digital infrastructure with a newly inked $1.8 billion investment in eStruxture Data Centers.
Construction Business
More delays on two B.C. infrastructure projects
The B.C. government announced significant delays to two major infrastructure projects in the Lower Mainland.
Canadian Property Management
Ivanhoé Cambridge receives investment accolades
Ivanhoé Cambridge has been named global real estate investor of the year in the 2024 IPE Real Estate Awards for institutional investors.
Construction Business
Calgary investing $800M for construction work
City of Calgary is investing more than $800 million in parks, streets, public transit and facilities during the 2024 construction season.