On-Site Magazine

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Financing

News ConstructionFinancing

Feds backing construction of new cargo warehouse at Winnipeg airport with $30.4M in funding

September 13, 2019 On-Site Staff

WINNIPEG—Construction of a new cargo warehouse at Winnipeg’s James Armstrong Richardson International Airport is poised to get off the ground with tens of millions in backing from the federal government. Ottawa late last week it plans to spend $30.4 million

News ConstructionFinancing

Feds spending $153.7M on new bridge, rail infrastructure and port facilities in Prince Rupert, B.C.

September 10, 2019 On-Site Staff

PRINCE RUPERT, B.C.—Three infrastructure projects on Canada’s West Coast, worth a combined $311 million, are getting a significant boost from Ottawa’s National Trade Corridors Fund. The federal government said Sept. 5 it has approved $153.7 million in funding for work

News Financing

Ontario proposes deal to build $126M French language university

September 9, 2019 Shawn Jeffords, The Canadian Press

TORONTO—Ontario has secured half of the funding for a proposed French-language university, the Progressive Conservative government said last week as it invited Ottawa to come up with the other half. The project would cost $126 million and take eight years

News FinancingInfrastructure

Three tiers of government set aside $240M for 15 water infrastructure projects across B.C.

August 30, 2019 On-Site Staff

VANCOUVER—Federal, provincial and local governments are prying open their wallets to fund a series of 15 water and wastewater projects across British Columbia. At an announcement in West Vancouver Aug. 27, politicians from all levels of government said they had

News FinancingInfrastructure

Saskatchewan First Nation, province face off over lack of airstrip funding after fatal crash

August 24, 2019 Stephanie Taylor, The Canadian Press

The chief of the Fond du Lac Denesuline First Nation accused the province of abandoning a commitment to improving its airport while funding similar upgrades in Moose Jaw. The province said the First Nation did not complete its application

Article ConcreteConstructionFinancingInfrastructure

Getting on track: Urban transit projects roar to life, creating opportunity for Canada’s construction sector

August 21, 2019 Jillian Morgan

Working in tandem along a stretch of highway in Montreal, a pair of launching gantry cranes hoist 50-ton concrete segments into the air off flatbeds below. The gantries slide the prefabricated segments into place, steadily forming a single 30-metre span

News Financing

Infrastructure Bank to work with Port of Montreal on financing new terminal

August 16, 2019 by David Kennedy

MONTREAL—The Canada Infrastructure Bank (CIB) has pledged to work with the Montreal Port Authority on financing for a new container terminal in Contrecoeur, just downriver from the Montreal city limits. The crown corporation said it signed a memorandum of understanding

News FinancingRoads

Northerners applaud funding for long-awaited road through Arctic tundra; costs could top $1B

August 15, 2019 Bob Weber, The Canadian Press

Two federal announcements this week are expected to kick-start a long-awaited road into the heart of the Canadian Arctic that would lower grocery costs for northern families and unlock billions of dollars in mineral resources. Transport Minister Marc Garneau pledged

Article BridgesConstructionFinancingInfrastructureP3s

Staying on target: Fall election looms as federal infrastructure plan progresses in fits and starts

August 13, 2019 David Kennedy

In the early morning hours of June 24, a few minutes before sunrise, a small convoy of cars drives slowly across the freshly paved asphalt deck of Montreal’s new Samuel de Champlain Bridge. With the deep blue of twilight still

News FinancingInfrastructure

Ottawa says no formal request made by Saskatchewan over infrastructure dollars

August 8, 2019 The Canadian Press

REGINA—The federal government says it has not received a formal request from Saskatchewan’s deputy premier about the need to transfer infrastructure dollars to pay for projects in the province’s two largest cities. Gord Wyant signed a letter addressed to Regina-area

News FinancingInfrastructure

Richmond, B.C. looks at major scale-up of district energy system with tentative backing of Infrastructure Bank

August 6, 2019 On-Site Staff

RICHMOND, B.C.—A district energy system that heats and cools buildings in Richmond, B.C. through a series of underground pipes is poised to undergo a major expansion. Lulu Island Energy Co., the municipally-owned entity in charge of the Metro Vancouver city’s

News ConstructionFinancing

Construction of new NHL arena for Calgary Flames to start in 2021 as city council approves $550M deal

July 31, 2019 Donna Spencer, The Canadian Press

Calgary is going to build a new arena for its NHL team despite financial challenges facing the city. Council voted 11-4 July 30 approving a financial agreement with the owners of the Calgary Flames to build an event centre and

News ConstructionFinancingRoads

Major stretch of Yukon’s North Klondike Highway to be upgraded as part of $157M construction job

July 27, 2019 by David Kennedy

WHITEHORSE—A major project to upgrade about 100 kilometres of road and replace several bridges along the North Klondike Highway is moving forward with multimillion-dollar investments from the federal and Yukon governments. Ottawa said July 24 it has assigned $118.2 million

News FinancingInfrastructure

Feds to spend nearly $150M to bolster infrastructure at Vancouver and Nanaimo, B.C. ports

July 25, 2019 On-Site Staff

VANCOUVER—A series of major upgrade and expansion projects at two ports on Canada’s West Coast have secured the backing of the federal government. In separate funding announcements this week, Ottawa said it will spend $102 million to support work at

News Financing

With school repair backlog at nearly $16B, Ontario government moves forward on funding

July 25, 2019 Shawn Jeffords, The Canadian Press

TORONTO—Ontario is asking school boards across the province to submit funding requests for their most pressing repair projects as it restarts a key school infrastructure program that has been frozen for more than a year. Education Minister Stephen Lecce said

News FinancingInfrastructure

Canada Infrastructure Bank pitching in $20M to pilot P3 on small-scale Ontario municipal wastewater project

July 15, 2019 by David Kennedy

TORONTO—Several weeks after making its third-ever investment, the two-year-old Canada Infrastructure Bank (CIB) is opening its chequebook for a wastewater project in rural southern Ontario. The crown corporation, which has focused until now on large-scale transit projects, said July 15

News ConstructionFinancingInfrastructure

N.L. premier defends decision to trudge forward on Muskrat Falls megaproject

July 4, 2019 Holly McKenzie-Sutter, The Canadian Press

ST. JOHN’S, N.L.—Newfoundland and Labrador’s premier says the joy of his 2015 election victory was short-lived as he began to realize the dire financial situation brought on by the Muskrat Falls hydro megaproject’s runaway costs. Liberal Premier Dwight Ball took

News ConstructionFinancingInfrastructure

Trudeau pledges $1.3B in federal funds for five-stop Montreal metro extension

July 4, 2019 Giuseppe Valiante, The Canadian Press

The funds will help pay for an extension to the blue line on the city’s east end

News ConstructionFinancingInfrastructure

PCL among consortium picked to build new $750M hospital in Corner Brook, N.L.

July 3, 2019 On-Site Staff

CORNER BROOK, N.L.—A seven-firm consortium has been picked to take on a major new hospital project on the west end of Newfoundland. Newfoundland and Labrador Premier Dwight Ball announced late last week the government has selected the Corner Brook Health

News FinancingInfrastructure

Governments putting up $81.5M to build new wastewater treatment plant in Lloydminster

June 29, 2019 On-Site Staff

LLOYDMINSTER, Alta.—Three tiers of government and two separate provinces are coming together to kick-start a major wastewater treatment project in Lloydminster. The city, which straddles the Alberta and Saskatchewan border, has been working toward updating its water treatment facility since