A new report, Averting a Crisis: The Need to Protect Ontario’s Infrastructure Investments, done for the Residential and Civil Construction Alliance of Ontario (RCCAO) by Prism Economics and Analysis shows a massive number of construction industry jobs are in jeopardy in 2021.
Prime Minister Justin Trudeau has announced $10 billion in new major infrastructure initiatives to create jobs and economic growth. The Canada Infrastructure Bank’s (CIB’s) Growth Plan will help Canadians get back to work and is expected to create approximately 60,000 jobs across the country.
The recipients of the 2017 Manitoba Excellence in Sustainability Awards demonstrate private and public-sector organizations recognize and embrace their responsibility to promote sustainability in the province. The 2017 Champion for Sustainability is ft3 Architecture Landscape Interior Design.
Last month, Indigenous and Municipal Relations Minister Eileen Clarke and Association of Manitoba Municipalities (AMM) president Chris Goertzen announced the province’s 2017 Municipal Road and Bridge Program.
According to the most recent iteration of the quarterly Royal Institute of Chartered Surveyors (RICS) Canada Construction Survey, industry weaknesses in the energy, private industrial and commercial, and public-housing sectors is being counterbalanced by growth in infrastructure and other varieties of public construction.
Following the completion of the secondary-share offering of Hydro One, the government of Ontario will dedicate almost $2 billion in gross proceeds to infrastructure investments and pay down debt. The net revenue gains from the Hydro One sale will go to Trillium Trust to help fund infrastructure construction and enhancements intended to create jobs and strengthen the economy.
A recent survey by the Royal Institution of Chartered Surveyors (RICS) revealed the construction industry shares conflicting opinions on the state of infrastructure in Canada. Dropping oil prices are affecting construction investment—especially in Alberta—but it is being partly offset by greater investment in infrastructure at both the federal and (some) provincial levels.