Upgrades planned for Belleville pumping station
Three levels of government yesterday announced $1.4 million in funding for improvements to the Cannifton Stormwater Pumping Station in Belleville, Ont. The project includes the addition of two submersible pumps, wet well hatches and rails, a flow meter and control panel, and a new roof. Additionally, the funding will enable upgrades to the HVAC and lighting systems and replacement of a fuel tank with a new diesel generator.
HPC supports Edmonton housing project
HPC Housing Investment Corporation yesterday announced that it closed a $40 million social bond offering as part of its new Construction Lending Program, providing financing for an affordable housing project in Edmonton. The beneficiary of the funding is Capital Region Housing‘s Londonderry mixed–use redevelopment project located in central Edmonton. The redevelopment will replace the existing 80 units with 240 new units in a variety of configurations.
Ford to address vaccine plan today
Ontario Premier Doug Ford has scheduled an update on the province’s COVID-19 vaccination plan today. Ford will speaking from Hamilton at 1 p.m.
Law firm studies global rise of dispute boards
Lexology today posted an article written by New York–based law firm White and Case on the rise of dispute resolution boards to deal with international construction projects. “Sources indicate a trend towards the increased use of dispute boards internationally, with various examples of high-profile, large-scale projects, including the Hong Kong Airport,” writes the firm. “As such, parties involved in Belt and Road Initiative projects could consider the advantages of dispute boards.”
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