MONTREAL—Pension fund manager La Caisse de dépôt et placement du Québec is buying into the Canadian construction industry with a $50 million investment in Montreal-based Pomerleau. Caisse did not disclose what share of the contractor the investment will purchase, but…
Your construction project is made up of several sources of capital that turn concepts dreamt up on paper into tangible structures. Without these sources of capital, and the people behind that capital who believe in your project’s success, your project…
The premier-designate has committed to a series of infrastructure investments and vowed to close the province’s skills gap
SOOKE, B.C.—A West Coast contractor based in Maple Ridge, British Columbia has won a multimillion-dollar contract to replace a bridge on Vancouver Island west of Victoria. The province’s Ministry of Transportation and Infrastructure awarded the $3.6 million contract to North…
MONTREAL—The federal government will contribute over $453 million to fund 26 public transportation projects in Montreal. The funding, a total of $453,254,997, accounts for half of the total costs. Quebec will contribute 40 per cent, or $367,343,575, for a total…
CHARLOTTETOWN—Prince Edward Island’s principal airport will undergo a major rehabilitation with the help of federal and provincial funding. Ottawa awarded the Charlottetown Airport $8.1 million late last week for work on its main runway and associated infrastructure. The final piece…
MACKINAC ISLAND, Mich.—Governor Rick Snyder and legislative leaders May 30 committed up to $50 million to upgrade the Soo Locks, a bid to persuade the federal government to fund the long-sought $1 billion proposal to build a second large lock…
ALBERTA—Alberta Premier Rachel Notley announced Tuesday that the province would contribute up to $2 billion to cover “unforeseen” costs associated with the construction of the Trans Mountain pipeline. Notley would not provide details on which circumstances would warrant the payout,…
OTTAWA—The federal auditor general says Montreal’s new Champlain Bridge will cost more than forecast and won’t be ready on time. Michael Ferguson says in his annual spring report the scheduled Dec. 21 opening of the bridge appears to be ambitious,…
EDMONTON—The Alberta government has set aside $90 million to upgrade a bridge across the North Saskatchewan River northeast of Edmonton. The Vinca Bridge crosses the waterway on Highway 38 south of Redwater, Alta. While only 2,000 vehicles cross the current…
Finance Minister Bill Morneau unveiled the government’s plan to save the pipeline just days before Kinder Morgan’s self-imposed deadline
OTTAWA—The new chief executive of the federal infrastructure agency says it could be well into 2019 before it will be ready to announce its first investment. The Trudeau government today announced that Pierre Lavallee, a former senior executive of the…
HALIFAX—The start date for the construction of Canada’s only commercial spaceport has been pushed back, a developer said following meetings at the proposed rocket launch site near a small fishing community on Nova Scotia’s eastern shore. Stephen Matier, president and…
IQALUIT—New federal funding will pay for upgrades at six airports in Northern Canada. The $35 million investment is designed to bolster air cargo storage in Nunavut’s capital Iqaluit and expand airport terminals in five other remote towns and hamlets across…
MONTREAL—A former executive of engineering giant SNC-Lavalin has been charged by Canada’s election watchdog with helping to orchestrate illegal political donations paid to federal political parties between 2004 and 2011. Normand Morin, 76, faces five charges related to soliciting employees…
WELLINGTON, P.E.I.—Two tiers of government have earmarked a combined $2.6 million for road work across Prince Edward Island. The federal and provincial governments pledged the funds for five separate road projects May 17. The infrastructure spend will cover resurfacing in…
The Royal Institution of Chartered Surveyors (RICS), Canadian Institute Of Quantity Surveyors (CIQS) and The Canadian Association of Consulting Quantity Surveyors (CACQS) held a joint information session earlier this month about the International Construction Measurement Standards (ICMS), which included a…
OTTAWA—If Kinder Morgan wants to abandon plans to build the Trans Mountain pipeline expansion, there are plenty of other investors out there willing to take up the cause — and they will have the backing of the federal Liberal government,…
CALGARY—The federal government has contributed $1.53 billion to construct Calgary’s Green Line Light Rail Transit project. A commitment to fund a third of the project was put forward by the former Conservative government in July 2015. Alberta and Calgary will…
Key infrastructure along the narrow isthmus linking the province to the rest of the country could be washed away by rising seas. The federal government is assessing how to save it
