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Port of Quebec moving ahead with $30M infrastructure restoration project

May 14, 2018 by David Kennedy

QUEBEC CITY—One of eastern Canada’s largest ports has secured funding for a major restoration project. Over the weekend, the federal government committed funds to support a $30 million upgrade project aimed at revamping three separate sectors at the Port of

News ConstructionFinancingInfrastructure

Feds, Quebec to fund Lac Megantic rail bypass five years after deadly derailment

May 9, 2018 Giuseppe Valiante, The Canadian Press

MONTREAL—Robert Bellefleur was about 100 kilometres west of Lac-Megantic on the night an oil-laden train derailed in his hometown five years ago and killed 47 people. He swears had he been home that night, he would have been sitting at

News BridgesFinancingRoads

Saskatchewan invests $14M in rural roads, bridges

May 8, 2018 by Jillian Morgan

SASKATCHEWAN—The Government of Saskatchewan will invest $14 million to improve roads, bridges and culverts in 11 rural municipalities. Funding for the projects come from the Municipal Roads for the Economy Program (MREP). The 2018 MREP grants include: Five bridge and

Finch West LRT Aecon
News ConstructionFinancing

Aecon consortium closes $2.5B contract to construct Finch West LRT

May 8, 2018 by Jillian Morgan

TORONTO—Mosaic Transit Group, comprised of Aecon, ACS Infrastructure Canada and CRH Canada Group, has signed a $2.5 billion contract to construct the Finch West Light Rail Transit (LRT) project in Toronto. The contract includes $1.2 billion of construction costs. Mosaic’s

News ConstructionFinancingInfrastructureP3s

Ontario government earmarks billions for next wave of Toronto subway, LRT construction

May 4, 2018 The Canadian Press

The Liberal’s latest development plan will inject a further $9 billion toward building large scale transit projects across the city, including the so-called Downtown Relief Line

News ConstructionFinancing

Fredericton airport lands $30M to double size of terminal

May 2, 2018 by David Kennedy

FREDERICTON—An East Coast airport that has cruised past capacity over the past decade has secured funding for a “critical” terminal expansion. Government and airport officials were at the Fredericton International Airport earlier this week to announce an approximately $30 million

EllisDon acquires Carillion Canada health care assets Ontario
News ConstructionFinancing

EllisDon acquires Carillion Canada health care assets

April 23, 2018 by Jillian Morgan

EllisDon is now the sole service provider for four Ontario health facilities previously under Carillion Canada operations. Plans to acquire the assets were announced in February. The company acquired 100 per cent of four Carillion entities that provide support services

News BridgesConstructionFinancing

Feds ordered savings review for Gordie Howe bridge over cost concerns

April 19, 2018 Jordan Press, The Canadian Press

Ottawa has been keeping a tight lid on how much the new cross-border bridge will cost to build

News ConstructionFinancing

Fairfax to acquire some Carillion Canada assets

February 5, 2018 by Jillian Morgan

Fairfax Financial has agreed to acquire certain assets and assume certain liabilities of Carillion Canada. Under the transaction, Fairfax will acquire the services business carried on by Carillion Canada and over 4,500 Carillion employees will move to Fairfax. Services include:

News ConstructionFinancing

Canadian Construction Association mobilizes members to oppose government-owned enterprises

January 30, 2018 Canadian Construction Association

The Canadian Construction Association (CCA) announced in an email to its board members, partner associations and corporate members that it has advised the government of Canada of its opposition to government-owned or controlled entities competing for construction contracts. Most recently,

News Financing

Ontario municipalities receive funding for downtown improvements

January 26, 2018 by Jillian Morgan

The Ontario government will invest $26 million to revitalize downtown and main streets across the province. Improvements include the installation of pedestrian crosswalks or landscaping. Municipalities can also direct funding to local businesses to improve the appearance of storefronts through

News ConstructionFinancing

Lac-Megantic rail bypass line to receive federal funding

January 26, 2018 by Jillian Morgan

The federal government will contribute “a substantial sum” toward the construction of a bypass railway line in Lac-Megantic, Que., said Minister of Transport Marc Garneau in a statement. The exact amount of the contribution is yet to be confirmed due

Independent study suggests Union construction firms are 'safer' than non-union workplaces.
News Financing

Government regulations cost small businesses $36 billion

January 24, 2018 by Jillian Morgan

The overall cost of regulation for Canadian businesses is $36.2 billion, reported the Canadian Federation of Independent Businesses (CFIB). According to the federation, $10 billion of that total can be considered unnecessary, redundant or overly burdensome “red tape.” The research

News ConstructionFinancingLabour

UK state contractor collapses in liquidation, putting 6,000 Canadian jobs at risk

January 16, 2018 The Associated Press

LONDON–One of the British state’s biggest contractors collapsed Monday, putting thousands of jobs at risk, after creditors and the government refused to bail out a company struggling under the weight of more than 1.5 billion pounds (CAD$2.6 billion) of debt.

News ConstructionFinancingInfrastructure

Construction spending south of the border hit record high in November

January 5, 2018 The Associated Press

  U.S. builders spent 0.8 per cent more on construction projects in November, the fourth consecutive monthly gain. November advance follows October’s revised 0.9 per cent gain, the Commerce Department said Wednesday. The increase brought total construction spending for the

News ConstructionFinancingInfrastructure

Infrastructure bank could be ‘key’ for U.S. Canada high speed rail: study

January 4, 2018 The Canadian Press

A multibillion-dollar proposal to connect Vancouver to the U.S. northwest by “ultra high-speed” rail appears to check off most, if not all, the boxes for funding consideration by Canada’s new infrastructure bank, argues a report commissioned by the Washington state

News ConstructionFinancing

CFIB calls for delay on new income sprinkling rules

December 18, 2017 by Corinne Lynds

New income sprinkling rules are a “lump of coal” for Canadian businesses, according to the Canadian Federation of Independent Business (CFIB). Changes to the Income Tax Act could mean more red tape for business owners, said Dan Kelly, president of

Article Financing

Anatomy of a tax fight

December 15, 2017 Dan Kelly

You can’t blame business owners for feeling like they’re being bombarded by government. Increased EI premiums, new environmental levies, minimum wage hikes: announcements about new taxes and regulations became a common occurrence in 2017. But perhaps the most significant tax

News ConstructionFinancing

Prompt payment legislation for Ontario contractors passes unanimously

December 12, 2017 On-Site

An act to introduce a prompt payment system for Ontario contractors passed unanimously at Queen’s Park on Dec. 5. The Construction Lien Amendment, or Bill 142, will bring added adjudication measures to reduce payment delays for more than 400,000 contractors

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Small business gives Canada Revenue Agency a ‘C’

December 8, 2017 by Corinne Lynds

The majority of small businesses say Canada Revenue Agency’s performance is merely satisfactory, according to the latest CRA Report Card, released today by the Canadian Federation of Independent Business (CFIB). The ‘C’ grade is the same one the agency received in