The accompanying table records the 10 largest construction project starts in Canada in November 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.
|L’île-d’Orléans||Engineering||Parc éolien Mont Ste-Marguerite||*||$275|
|(1 structure; 9 storeys; 900 units), angle de la rue Ste-Catherine et du boul St-Laurent|
|Société de développement Angus|
|Clarington||Engineering||Darlington Nuclear Generating Station Refurbishment||400||$2,700|
|(18 structures; 2 storeys; 4 units), 1855 Energy Dr|
|Ontario Power Generation Inc|
|(2 structures; 52 storeys; 832 units) 501 Yonge St|
|Newmarket||Commercial||York Region Administrative Centre Annex||755||$172|
|(1 structure; 8 storeys) 17150 Yonge St|
|Regional Municipality of York|
|Kingston||Engineering||Cataraqui Bay Wastewater Treatment Plant||*||$88|
|Toronto||Residential||King Portland Centre||500||$81|
|(1 structure; 14 storeys; 230 units), 620 King St W|
|Allied Properties REIT|
|Scarborough||Residential||The Academy Condominiums||450||$73|
|(1 structure; 26 storeys; 339 units), 3070 Ellesmere Rd|
|LeMine Investment Group|
|Winnipeg||Commercial||True North Square Tower One||365||$69|
|(1 structure; 17 storeys), 220 Carlton St|
|CentreVenture Development Corp|
|Delta||Commercial||Delta Link Business Park||432||$46|
|(1 structure; 1 storey), 7927 Huston Rd|
|The Beedie Group|