Market Watch

residential development land

B.C. residential development land takes tax hit

The British Columbia government expects to collect about $520 million in new annual revenue through additional residential property taxes and property transfer taxes.
new trade partners

New trade partners move up Canada’s wish list

CETA isn't expected to suddenly propel a wave of Canadian firms onto short lists for EU projects, but it does open up opportunities to start building relationships with potential customers.
showcase awards

PCL earns top CanBIM Awards for Rocky Ridge

PCL Construction has received two top awards from the Canada BIM Council (CanBIM) for Rocky Ridge Recreation Facility in Calgary.

Ledcor donates $250,000 to University of Alberta

The Ledcor Group of Companies has donated $250,000 to the University of Alberta’s new David and Joan Lynch School of Engineering Safety and Risk Management

Funding announced for UBC life sciences facility

The B.C. provincial government has announced funding of $19.95 million for UBC to upgrade and expand the aging Biolgoical Sciences Complex used by life sciences students.

Housing market modestly overvalued: CMHC

Apart from modest overvaluation — and a cautionary note about overbuilding in Montreal and Toronto — Canada’s housing markets largely align with underlying demographic and

VSB awards design-build contract

The Vancouver School Board has awarded a fixed-price contract to Bouygues Building Canada to design and build the Kitsilano Secondary School Renewal (KSSR) project.

RFQ issued for new Vancouver Art Gallery

The Vancouver Art Gallery has issued a Request for Qualifications (RFQ) in its search for a design architect for its new building.

Alberta high-speed train system proposed

Magnovate Technologies is proposing to build a full-sized prototype of a high-speed train system between Edmonton and Calgary, which it alleges will cut the commute between the two cities to less than 45 minutes.

Teams shortlisted for Emily Carr’s new campus

Three proponents have been shortlisted for the new state-of-the-art Emily Carr University of Art & Design campus redevelopment project.

Port of Prince Rupert expansion

A new multi-million dollar road, rail and utility corridor project will expand the Port of Prince Rupert’s terminal capacity ...

SNC-Lavalin offers amnesty to employees

SNC-Lavalin Group Inc. has launched a limited time amnesty program to encourage current employees to report potential corruption and ...

RFQ issued for Surrey organics biofuel facility

The City of Surrey has issued a Request for Qualifications (RFP) for the new organics biofuel facility, moving it one step closer to realizing the project.

RFQ issued for Kamloops hospital project

A Request for Qualifications (RFP) has been issued for the Royal Inland Hospital Clinical Services building project in Kamloops, B.C.

Preferred proponent selected for WIDC

PCL Constructors Westcoast Inc. has been selected by the B.C. provincial government as the preferred proponent for the proposed Wood Innovation and Design Centre (WIDC) in Prince George, B.C.

Alliance contracting

Alliance contracts are incentive-based relationship contracts in which the parties agree to work together as one integrated team.

Streamlining project delivery

Touted as a time and cost-saving measure, design-build project delivery has taken the North American construction industry by storm.