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