Every project that Corebuild Construction takes on is grounded in the belief that building better starts with strong relationships. With the right people, the right projects and the right partners, Corebuild is on the rise, recently announcing a strategic investment from The Powell Group — a move that will enhance the company’s capabilities, expand its market reach and accelerate the next phase of its growth.
Over the past five years, Corebuild has grown rapidly, building a strong foundation and reputation in sectors such as long-term care, affordable housing and transit infrastructure. As founder Steven Aquino explains, the time was right to take things to the next level.
“A new company needs to learn to crawl before it can walk and walk before it can run. We spent the past five years proving our capabilities. Now, with the Powell Group’s support and strategic guidance, we have the financial strength, expertise and relationships to scale our operations, take on larger, more sophisticated projects, and expand into new sectors while maintaining our commitment to quality and service,” says Aquino. “Together, we’re building something much bigger than a construction company.”
Aquino points to ongoing Ontario projects such as the Mohawks of the Bay of Quinte long-term care facility and a cutting-edge Porsche dealership as examples of the type of work the company is passionate about — complex, impactful and demanding a high degree of expertise. With The Powell Group’s deep experience in managing large construction firms and its network opening doors, over the long-term, we might expect to see Corebuild expand its industrial and commercial offering and eventually enter markets outside of Ontario.
“We are thrilled to partner with Corebuild Construction at this exciting juncture in their growth. We see immense potential in Corebuild’s vision and their approach to delivering impactful, high-quality projects,” says Norman Hyde-Whipp, CEO, Barrier Ridge Capital. “This investment represents not only a strategic opportunity for both of our organizations but also a shared commitment to advancing the construction industry in Canada.”
Not just bigger, but better — for everyone
For Corebuild, growth is never just about the numbers. It’s about delivering more, and better, for everyone the company works with. With increased operational capacity and smarter systems, clients can expect the same high standards, now backed by enhanced innovation and stability. Suppliers and subcontractors will benefit from a pipeline of larger-scale projects and stronger long-term partnerships. And for employees, this means more career development opportunities, better tools at their disposal, and the kind of culture where people feel supported and empowered to lead.
“We’re making smart decisions, investing in the right areas, and positioning ourselves for long-term success,” Aquino says. “This investment doesn’t just change the numbers — it changes the possibilities for what we can do together. This is about improving the experience and outcomes for everyone we work with. That’s exciting for our clients, our partners, and our people.”
Creating the future of construction in Canada
Construction is evolving rapidly, with technology-driven efficiencies like virtual meetings, onsite cameras and scheduling software becoming as valuable as traditional tools of the trade. Corebuild’s future-proofing approach is rooted in ensuring that technology enhances, not replaces, its skilled workforce.
“Construction is about more than buildings — it’s about people. The stronger the relationships, the better the outcome. We’re investing in new technologies, sustainable building practices, and talent development to stay ahead,” says Aquino. “We’re building not just great structures, but a great company that supports its people, the environment, and the communities we serve.”
With the construction industry continuing to face skilled labour shortages, Corebuild is taking proactive steps to ensure it has the right people to power the next phase of its growth. That includes recruiting internationally, partnering with trade schools, investing in training programs, and promoting women in construction.
“We’re not waiting for talent to come to us — we’re growing it ourselves. Whether it’s a local apprentice or a specialist we recruit from abroad, we’re committed to helping them build their future with us,” notes Aquino. “As we continue to grow, one of my biggest priorities is to ensure we’re not just building structures but building leaders. We’re not just growing for the sake of growth. We want to develop the next generation of superintendents, project managers and tradespeople who will drive the industry forward. I’m excited to mentor these rising stars. Their growth is key to our long-term success.”
Looking ahead, Corebuild sees more than just growth, it sees an opportunity to influence the future of construction in Canada. The company is targeting expansion into infrastructure rehabilitation, industrial and manufacturing projects, and community-led developments.
“Five years from now, I see a Corebuild that has grown responsibly and inclusively,” says Aquino. “We’ll be leading not just through the projects we deliver, but by the impact we make on the people and communities we serve.”
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