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First Notice: Halifax transit upgrade; Progressive partnership; Cordelio financing

First Notice: Halifax transit upgrade; Progressive partnership; Cordelio financing


National home sales declined in June

Statistics released today by the Canadian Real Estate Association show national home sales declined by 8.4 per cent on a month-over-month basis between May and June 2021. Actual (not seasonally adjusted) activity was up 13.6 per cent year-over-year. The MLS Home Price index rose 0.9 per cent month-over-month and was up 24.4 per cent year-over-year.  


Halifax transit moves towards electrification

The federal government and the Government of Nova Scotia this morning announced combined funding of $112 million to expand the Ragged Lake Transit Centre and start the electrification of the Halifax transit fleet. The project involves purchasing 60 electric buses with battery packs and the associated charging equipment in addition to expanding the Ragged Lake Transit Centre to accommodate the new fleet. The facility will also undergo a deep energy retrofit to achieve a net-zero standard. 


Progressive Planet to team with ZS2

Progressive Planet Solutions Inc. of Vancouver and ZS2 Technologies Ltd. today announced a letter of intent between the firms to collaborate on the accelerated development of sustainable products for the cement, concrete and building products industries. ZS2 is a Calgary-based developer of sustainable building technologies. Progressive Planet operates its flagship Z1 Natural Pozzolan Quarry in Cache Creek, B.C.  


Cordelio obtains Illinois project financing

Toronto-based Cordelio Power today announced the completion of project financing for the Glacier Sands wind project in Mason County, Ill. The construction-period financing was co-ordinated by Rabobank and provided by affiliates of Rabobank, Bank of Montreal, National Bank of Canada and MUFG. Completion of construction is expected in October. 


Honeywell forms alliance with Nexii

U.S.-based Honeywell and Nexii Building Solutions of Vancouver today announced the creation of a strategic alliance to further the development of buildings with a reduced environmental impact. Honeywell becomes the exclusive building technologies supplier for new buildings constructed by Nexii, which is a green construction technology company. 

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