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Penticton Hospital reaches construction milestone

Posted on October 30, 2017
Health Minister Adrian Dix was joined by individuals from throughout the South Okanagan at Penticton Regional Hospital to celebrate a milestone in the construction of its new patient tower. With the concrete phase of the David E. Kampe Tower now complete, the structural-steel phase underway and the overall tower construction approaching the halfway point, residents can look forward to the tower opening its doors to patients in spring 2019. As part of the ceremony, staff, physicians, volunteers, and community members were invited to sign their name on [...]

TransCanada sells solar business to Axium

Posted on October 27, 2017
TransCanada Corporation has announced that it has entered into an agreement to sell its Ontario solar portfolio comprised of eight facilities with a total generating capacity of 76 megawatts to Axium Infinity Solar LP, a subsidiary of Axium Infrastructure Canada II Limited Partnership, for approximately $540 million. The transaction is expected to close by the end of 2017 subject to certain regulatory and other approvals as well as customary closing adjustments. "This transaction demonstrates our financial discipline as we continue to build on our vision [...]

Aecon Group Inc. sold to Chinese company

Posted on October 27, 2017
Aecon Group Inc. and CCCC International Holding Limited have announced that they have entered into a definitive agreement under which CCCI will acquire all of the issued and outstanding common shares of Aecon for $20.37 per share in cash, representing an enterprise value of $1.51 billion. “We believe this is a very positive outcome for Aecon and our key stakeholders,” said Brian Tobin, Aecon’s chairman. “This transaction is the result of an active and diligent sale process that has enabled us to select an outstanding partner and create significant [...]

Ontario seeking input on Greater Golden Horseshoe transportation

Posted on October 24, 2017
Ontario is seeking public input on a long-term plan to modernize the transportation system in the Greater Golden Horseshoe (GGH) region, to ensure people and goods are able to move throughout the region with greater ease. The GGH Transportation Plan is an initiative that will build on short- and medium-term projects, such as GO Regional Express Rail, to create the next-generation transportation system in the GGH. With a growing economy and more people moving to the region, this multi-year plan will look ahead to ensure Ontario's transportation system [...]

IO purchases land for new OPP detachment

Posted on October 24, 2017
The City of Orillia has authorized the Agreement of Purchase and Sale of a parcel of City-owned land within the Horne Business Park to Infrastructure Ontario (IO) for the purpose of the construction of a new OPP detachment. The deal is targeted for final closing by the end of 2017 or early 2018, subject to securing all required IO government approvals. The City received a Letter of Interest from IO on July 31, 2017, expressing interest in purchasing approximately five acres of land located at the north-east corner of University Avenue and Old Barrie Road [...]

Ontario announces High Speed Rail Planning Advisory Board

Posted on October 24, 2017
Ontario is pushing forward with plans to bring high speed rail (HSR) to the Toronto-Windsor corridor by establishing an HSR Planning Advisory Board to provide strategic support on the landmark project. Canada's first high speed rail service will slash people's travel times, providing a faster, greener travel option that creates new opportunities for workers, businesses and anyone traveling in this part of the province. In addition to providing strategic advice on major business issues associated with the project, the HSR Planning Advisory Board will engage [...]

Independent report confirms Diefenbaker Bridge is sound

Posted on October 23, 2017
An independent, expert analysis confirms the Diefenbaker Bridge in St. Albert, Sask. can safely handle the traffic that uses it and will last well into the future with proper maintenance. “I am pleased that the results of the expert inspection demonstrates all traffic will be able to use this vital corridor to and from the north,” Highways and Infrastructure Minister David Marit said. “In collaboration with the City of Prince Albert, we have developed a strategy to perform the short, medium, and long-term maintenance of the bridge, ensuring its long-term [...]

New Teck Acute Care Centre opens

Posted on October 23, 2017
Newborns, children, and expectant mothers from all around British Columbia will be cared for in the new Teck Acute Care Centre, located on the campus of BC Children’s Hospital and BC Women’s Hospital, officially opened by Premier John Horgan, health-care workers, and patients. “When children need hospital care, they should be in a place that feels like home, where they can play, exercise their imagination, and be surrounded by family to help them heal,” said Premier Horgan. “This new centre means better care for thousands of patients and their [...]

Minister receives update on Champlain Bridge progress

Posted on October 23, 2017
Infrastructure Canada has been provided an update on the construction of the new Champlain Bridge by its private partner, Signature on the Saint Lawrence (SSL) and The Jacques Cartier and Champlain Bridges Incorporated (JCCBI), which is responsible for managing the existing Champlain Bridge. The project update highlighted the many areas of progress on the worksites of the new Champlain Bridge since its launch in June 2015: The main pylon of the cable-stayed bridge is progressing very well with the final lifting of its upper cross beam last July and [...]

Deloitte, Enstoa announce new Canadian partnership

Posted on October 23, 2017
Deloitte and Enstoa have announced that they have partnered, combining their respective skills and expertise to better address the needs of the growing capital projects and portfolio management (PPM) market in Canada. With the market for PPM solutions expected to exceed $8.5 Billion by 2025, both Deloitte and Enstoa see a tremendous opportunity to bring a unique value proposition to the market. “We’re in the midst of a critical time where organizations looking to optimize and streamline complex capital projects need the most innovative solutions more [...]
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September/October 2017

September/October 2017

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