On-Site Magazine

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Financing

News FinancingInfrastructure

Road repaving, other Whitehorse infrastructure work gets $23.5M from Ottawa, Yukon

April 15, 2019 On-Site Staff

WHITEHORSE—Three infrastructure projects in Yukon’s capital are moving ahead with millions in fresh funding from the feds and territory, plus a small contribution from the city. Ottawa said April 12 it will contribute $17.4 million to the trio of projects.

News Financing

Ontario tightens purse strings, Tories don’t plan to balance books until 2023-24

April 12, 2019 Allison Jones, The Canadian Press

TORONTO—Ontario’s books won’t be balanced within the Progressive Conservatives’ mandate, but the government’s first budget serves up an era of gradual belt-tightening with a side of booze. The Tories peg the current deficit at $11.7 billion, and they don’t expect

News FinancingInfrastructure

Newfoundland to build new prison to replace notorious Victorian-era penitentiary

April 11, 2019 Holly McKenzie-Sutter, The Canadian Press

ST. JOHN’S, N.L.—Newfoundland and Labrador has announced it is replacing its notorious Victorian-era men’s prison, one of the oldest in Canada. Her Majesty’s Penitentiary in St. John’s, N.L. has faced decades of criticism for its harsh, violent conditions for inmates

News FinancingInfrastructure

Ford unveils $28.5B Toronto transit plan, scraps well-studied relief line subway for province-backed alternative

April 10, 2019 Shawn Jeffords, The Canadian Press

With Toronto Mayor John Tory conspicuously absent, the premier offered new sketches for the city’s transit system. The timeline for the series of projects was immediately questioned

News ConstructionFinancing

Billionaire couple’s $100M donation to UofT to kick-start construction of major new complex in downtown Toronto

March 25, 2019 The Canadian Press

TORONTO—One of Canada’s richest families is giving $100 million to the University of Toronto — a donation the school says is the largest in its history. The university said the gift from Heather Reisman and Gerald Schwartz will help build

News FinancingInfrastructure

Notley, Kenney pledge to back Calgary flood protection infrastructure in lead-up to Alberta election

March 25, 2019 Lauren Krugel, The Canadian Press

CALGARY—NDP Leader Rachel Notley pledged more flood protection for Calgary March 22 as she and United Conservative rival Jason Kenney accused each other of dithering on another project to help prevent a repeat of the 2013 deluge that heavily damaged

News FinancingInfrastructure

Citing budget pressures, Metrolinx scales back Hurontario LRT

March 23, 2019 by David Kennedy

TORONTO—Ontario transit agency Metrolinx has revised the route of the soon-to-be-built Hurontario Light Rail Transit project, most notably chopping off a downtown loop included in the original plans. The provincial crown agency pointed to “potential” budget pressures and “a more

News FinancingLabour

Federal budget promises millions to promote skilled trades, outlines funding for job training programs

March 20, 2019 by Jillian Morgan

OTTAWA—The federal government unveiled a series of new budgetary measures March 19 to encourage young people to enter the skilled trades. The Liberals plan to funnel $40 million over four years to Skills Canada under Budget 2019, with $10 million

News FinancingInfrastructure

In pre-election budget, Liberals look to speed up infrastructure spending by offing cash directly to cities

March 20, 2019 Jordan Press, The Canadian Press

The $2.2 billion in extra funding is designed to pay for roads, bridges, water systems and other local infrastructure

Article ConstructionFinancingRisk ManagementSkills DevelopmentSoftware / Hardware

Connecting the dots between technology and capital

March 12, 2019 David Bowcott

You may have noticed that a number of articles I’ve penned in the last year have had a strong technology leaning. It isn’t a coincidence. There’s absolutely no doubt that over the last few years Silicon Valley has discovered the

News ConstructionFinancingInfrastructure

SNC-Lavalin picked to build next $660M leg of Ottawa’s light rail transit system

March 7, 2019 The Canadian Press

MONTREAL—SNC-Lavalin Group Inc. says it has won the contract for a $660-million light-rail extension project in Ottawa. The Montreal-based engineering and construction giant caught up in a month-long political controversy says its subsidiary, TransitNEXT, will design, build and maintain an

News FinancingRoads

Planning underway for $1B road into mineral-rich region of Northwest Territories

March 5, 2019 Bob Weber, The Canadian Press

TORONTO—Northern leaders are cheering a federal funding announcement for a long-awaited all-weather road into the heart of Canada’s mineral-rich Arctic. “This is a significant first step,” said Wally Schumann, minister of industry and infrastructure in the Northwest Territories. The $5.1

News ConstructionFinancingRoads

Feds commit $86.5M to build Halifax high speed bypass

February 25, 2019 by Jillian Morgan

HALIFAX—The federal government is injecting $86.5 million to extend a gridlock-prone stretch of highway in Halifax.  Prime Minister Justin Trudeau was in the city Feb. 21 to announce the funding for the Sackville-Bedford-Burnside Connector, which will stretch Highway 107 beyond

News ConstructionFinancing

EllisDon teams up with investment firm Fiera Capital on P3 projects

February 6, 2019 On-Site Staff

MISSISSAUGA, Ont.—Asset management firm Fiera Capital Corp. and contractor EllisDon have formed a new partnership to work together on a series of Public-Private Partnerships (P3). The long-term agreement, signed last October but disclosed Jan. 29, covers a portfolio of nearly

News ConstructionFinancingInfrastructureLabour

End of an era: 20 years of ‘almost uninterrupted’ construction growth poised to slow

February 5, 2019 by David Kennedy

Construction activity is expected to inch forward at a slower pace over the next decade as certain provinces ramp up work and others tap the brakes, BuildForce Canada says

News FinancingInfrastructure

Some provinces creating challenges for infrastructure projects: Trudeau

January 29, 2019 Andy Blatchford, The Canadian Press

OTTAWA—Unco-operative provincial governments have been making the effort to get more infrastructure dollars into Canada’s cities a challenge, Prime Minister Justin Trudeau said Monday. Trudeau, whose government has struggled to fulfill tens of billions worth of infrastructure commitments, made the

News ConstructionFinancingRoads

Alberta commits $33M in funding to construct Leduc interchange

January 28, 2019 by Jillian Morgan

LEDUC, Alta.—The Alberta government has chipped in $33 million to kick start construction of a long-awaited overpass that will connect the City of Leduc, Alta. with the Edmonton International Airport Premier Rachel Notley announced the funding to build an interchange

News FinancingInfrastructure

‘Low-value’ construction projects delayed approval process, roll-out of federal infrastructure dollars, internal documents say

January 28, 2019 Jordan Press, The Canadian Press

OTTAWA—A large number of small construction transit and water system projects funded through the first phase of the Liberal government’s infrastructure program bogged down the approval process and delayed construction and spending, newly released documents show. An internal analysis obtained

News FinancingInfrastructure

Infrastructure Bank narrows gaze to more than a dozen projects, CEO says

January 28, 2019 Jordan Press, The Canadian Press

OTTAWA—The federal agency built to find new ways to pay for new Canadian infrastructure says it is deep in talks on over a dozen projects. In the fall, officials with the Canada Infrastructure Bank had more than 120 meetings about

News ConstructionFinancing

Building investment dips in November with declines in majority of provinces

January 23, 2019 On-Site Staff

OTTAWA—Investment in building construction dipped in November, with both residential and non-residential sector taking a more than two per cent hit to $11.6 billion. In the non-residential sector, investment decreased 1.6 per cent to $4.3 billion, largely due to declines