LATEST NEWS 
Professional Services
July 2, 2008
Ontario Teachers’ Pension Plan backs Railpower expansion
BROSSARD, Que.
Railpower Technologies Corp. says that its shareholders have approved a $20-million investment in the company by Ontario Teachers’ Pension Plan to help finance construction of a manufacturing facility in Saint-Jean-sur-Richelieu, Que.
The plant, geared to production of hybrid locomotives, will have 55,000 square feet of production space and 4,000 square feet of offices, with plans for future growth.
The new investment by Teachers’, like a $35-million investment in the company earlier this year, is a five-year debenture paying five per cent annual interest.
Canadian Press
| MOST POPULAR STORIES |
- Steel hurdles for Aga Khan Museum build
- Benson Steel faces transport challenge on Toronto Yorkdale Mall construction project
- York Region, Ontario approves subway construction expenditures
- Toronto Construction Association presents ‘Best of the Best’ awards
- Bidding closes for Toronto 2015 Pan Am games venues
- 20 Most Popular Stories
| TODAY’S TOP CONSTRUCTION PROJECTS |
These projects have been selected from 316 projects with a total value of $1,890,889,993 that Reed Construction Data Building Reports reported on Thursday.
$65,000,000 Toronto ON Negotiated
RETIREMENT RESIDENCE, COMMUNITY CENTRE
$45,500,000 Toronto ON Negotiated
$40,000,000 Brampton ON Prebid
| CURRENT STORIES |
- Steel truss system helps reduce construction cost of Toronto apartment building
- Ontario College of Trades will drive up infrastructure costs: Conservative leader Tim Hudak
- What comes next after green building?
- Procurement needs to be fair, open and transparent
- Losing bidder bridles at Pan Am Games park selection, Equine Canada “thrilled”
- Armstrong extended at Ontario College of Trades
- CVTech secures Hydro Quebec construction, maintenance work
- Toronto council votes in favour of light rail transit
- Ottawa City Council approves affordable housing capital projects
- Pre-cast concrete segment falls into river after gantry crane collapses
- Alberta throne speech hints at development plan
- Union claims construction oversight needed at defence department
- Site prep in North Vancouver
- Legislation limiting strikes ruled unconstitutional
- World Plumbing Day garners support from Canadian senator
- PHOTO GALLERY: Merit Alberta open house
- Seeing the sustainable forest for the trees
- Pump Station Upgrades
- Labour federation opposes pipeline
- Site for new correctional facility selected
- Edmonton roofer dies
- Regulators approve oilsands facility expansion
- Highway 3 upgrades
- New chairman named for Alberta Construction Association
| ALEX’S ECONOMICS BLOG |
Reed Construction Data Canada’s Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis on the construction industry.
- Home starts and job levels diverge in Canada and the U.S. (February 8, 2012)
- Canada’s labour market flat in January but U.S. on a roll (February 3, 2012)
- Canada’s leading indicator series continued to charge ahead in December (January 23, 2012)
- More
