January 17, 2013
Canadian construction work remains steady in 2013, according to report
According to BTY Group’s annual Market Intelligence Report on construction costs across Canada, private sector spending and infrastructure maintenance are the major factors that will help keep construction workloads steady with minimal cost increases in 2013.
“We expect reasonably healthy levels of activity across Canada despite a residential slowdown across most of the country and lower than expected growth in the U.S.,” said Joe Rekab, managing partner at BTY Group. “Strong private sector investment in energy, resource and commercial-retail – with continued infrastructure spending – should offset a cooling housing market in ever province except B.C. and Alberta.”
In eastern Canada, Ontario will see a stable workload, supported by a bounce back in commercial development and a sustained infrastructure program.
Quebec will remain steady, with help from investment in health care, transportation and multibillion-dollar mining and energy projects.
|MOST POPULAR STORIES|
|TODAY’S TOP CONSTRUCTION PROJECTS|
These projects have been selected from 481 projects with a total value of $2,274,238,471 that Reed Construction Data Building Reports reported on Wednesday.
$150,000,000 Ottawa ON Negotiated
$135,000,000 Toronto ON Tenders
$82,000,000 Toronto ON Tenders
- VIDEO: Debate still strong as OCOT turns one
- Upset waters over new Ontario diving regulations
- Covering up the Celsius
- Frontier Oilsands Mine joint review panel raises concerns among some First Nations
- The rise of biomaterials in construction
- Doors open on latest PPP Canada funding
- U.S. builders’ confidence rises but is limited by tight credit and shortages of labour and lots
- Keystone XL opponents carve message
- RFP released to shortlisted teams for Milton hospital expansion
- Photo Gallery: 2014 ACEC BC Awards of Excellence winners
- Journal of Commerce Preview for the week of April 21st, 2014
- Fort McMurray airport terminal getting ready for take off
- B.C. government forms liquefied natural gas working group
- Kitimat residents vote against Northern Gateway pipeline
- Precast concrete enables net-zero homes
- Learning to dig safely can save lives
- Ex construction boss admits to collusion in government contracts
- P3 Fund launches
- Supreme court won't hear case involving construction mogul
- Minister spurns spat over plant