The accompanying table records the 10 largest construction project starts in Canada in October 2016. Also included is the latest trend graph on starts. This looks at 12-month moving totals of the two major non-residential building categories in Canada − total ICI starts and engineering work. ICI stands for industrial, commercial and institutional.
There are several reasons for highlighting upcoming large projects. Such jobs have often received a fair amount of media coverage. Therefore, people in the industry are on the lookout for when job-site work actually gets underway. And, as showcase projects, they highlight geographically where major construction projects are proceeding.
Also, total construction activity is comprised of many small and medium-sized projects and a limited number of large developments. But the largest projects, simply by their nature, can dramatically affect total dollar and square footage volumes. In other words, the timing and size of these projects have an exaggerated influence on market forecasts.
In the trend graph on starts, the prominent jumps in the engineering curve reflect such mega project starts as Horizon Oil Sands work in Alberta (March 2005), the Eastmain 1-A hydroelectric power project in northern Québec (June 2007), the Kearl Oil Sands Project in Alberta (April 2010), the Firebag 4 SAGD Oil Sands project in Alberta (June 2011) and the Voyageur heavy oil processing plant Alberta (August 2011).
In May 2010, the ICI curve shot upward due to the McGill University medical centre project in Montreal.
In March 2012, Alcan’s modernization project in Kitimat was initiated.
|Communauté urbaine de Montréal||Institutional||Complexe des Sciences, projet 70000||594||$225|
|(2 structures; 6 storeys), prolongement de la rue Wiseman|
|Université de Montréal|
|Montréal||Residential||Roccabelle Condominium Building, Phase Two||300||$55|
|(1 structure; 40 storeys; 298 units), boul René-Levesque O|
|MC Financial inc|
|St-Hubert||Residential||Faubourg Cousineau Condominium Apartment Building||310||$47|
|(20 structures; 4 storeys; 376 units), intersection de l’A-30 et du boulevard Cousineau|
|Oakville||Residential||Oak Village Townhouses, Phase One||1,173||$190|
|(100 structures; 3 storeys; 652 units), 3075 Trafalgar Road|
|Minto Group Inc., Emshih Developments Inc.|
|Mississauga||Commercial||Warehouse and Distribution Centre, Office Building||770||$80|
|(1 structure; 1 storeys), 2020 Logistics Drive|
|Greater Toronto Airports Authority, Panattoni Developments|
|Vaughan||Residential||Avenue on 7 Condominium||450||$72|
|(2 structures; 10 storeys; 350 units) 4800 Highway 7|
|iKore Developments Ltd.|
|Red Deer||Engineering||Highway 2 and Gaetz Avenue, Highway 2 and Taylor Drive Roadwork and Bridge||*||$79|
|Calgary||Commercial||Stoney CNG Transit Bus Storage and Transit Facility||480||$63|
|(1 structure; 1 storey), 12620-15 Street Northeast, will be LEED Certified|
|City of Calgary|
|Edmonton||Institutional||NAIT Productivity and Innovation Centre||160||$58|
|(1 structure; 4 storeys), Princess Elizabeth Avenue|
|Burnaby||Residential||Escala Condominium Apartment and Townhouses||523||$87|
|(3 structures; 42 storeys; 495 units), 1728 Gilmore Avenue|