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OMERS Opens London Office

Posted on October 15, 2008
The Ontario Municipal Employees Retirement System (OMERS), one of Canada's largest pension funds, now has a presence in London, UK. The London office will have a 20-member team, including OMERS investment professionals in real estate, infrastructure, private equity and capital markets. As relationships are formed and new investment opportunities are discovered, OMERS Worldwide will open offices in other global regions. OMERS has four investment arms under the OMERS Worldwide banner, one of which is Borealis Infrastructure, a 10-year-old pioneer that [...]

FCM Stands Up for Infrastructure

Posted on October 15, 2008
Today, FCM President Jean Perrault, Mayor of Sherbrooke, Que., issued the following statement on the federal election result: "On behalf of the Federation of Canadian Municipalities, I would like to congratulate Prime Minister Stephen Harper, the new Government of Canada, and all those elected to serve in the next Parliament. "After six weeks of campaigning, Canadians are ready for parties to roll up their sleeves to deliver the bread-and-butter solutions that will make a difference to their jobs, families and communities during this time of growing [...]

Finalists, and Some Winners, Announced for the 2008 Brownie Awards

Posted on October 14, 2008
The Canadian Urban Institute has announced the finalists for the 2008 CUI Brownie Awards. The awards recognize leadership and innovation in a number of categories, including sustainable remediation technologies and excellence in project development at the neighbourhood scale. And the nominees are... Finalists in "Category 1: Legislation, Policy and Program Development," include: The Rivers District Community Revitalization Levy Regulation, Calgary, AB Brownfields Financial Incentives Pilot Program, Region of Waterloo, ON Station Pointe [...]

Canada Joins Angola Infrastructure Renewal Project

Posted on October 14, 2008
Export Development Canada (EDC) has announced the signing of a Memorandum of Understanding with Banco de Poupança e Crédito (BPC) to facilitate Canadian participation in upcoming infrastructure projects in Angola. "EDC's partnership with BPC will help facilitate the already substantial pipeline of business between the Angolan government and Canadian companies and we see it having a strong catalyst effect for future business," said Stephen Poloz, senior vice-president, financing products group. "Since BPC also undertakes private sector projects, they [...]

Federal Party Plans for Transit

Posted on October 10, 2008
Transit leaders have renewed their call on federal party leaders to make public transit investment a key priority. "There is a definite and urgent need to commit significant new investment in public transit infrastructure for Canadian communities," said Steve New, Canadian Urban Transit Association (CUTA) chair. "Canadians believe that transit is a priority, and federal party leaders should recognize this through long-term, sustainable funding." Following the release of two reports - a joint public opinion poll commissioned by CUTA and an economic study [...]

NL Invests in Alternative Energy Study, Pilot Project in Labrador

Posted on October 10, 2008
The Government of Newfoundland and Labrador will spend $500,000 to identify alternative energy sources for residents of isolated diesel communities in Labrador. The initiative includes an alternative energy study and an energy efficiency community pilot project. The two projects will be carried out by Newfoundland and Labrador Hydro and will be completed by the end of 2009. In announcing the investments, Minister of Natural Resources Kathy Dunderdale said the initiatives will "provide valuable information that can be used in communities all along the [...]

NB Waste Commissions Turning Garbage into Green Energy

Posted on October 10, 2008
A New Brunswick landfill site is not letting its waste go to waste. It plans to transform its garbage into green energy. The Westmorland-Albert Solid Waste Corporation proposes to convert methane gas arising from its Berry Mills landfill in Moncton into electricity. The corporation hopes that within a year it will produce a megawatt of electricity from methane, worth about a million dollars per year. Bill Slater, general manager of the Westmorland-Albert commission, estimated the Berry Mills landfill gas could eventually produce three megawatts annually. In [...]

Stuart Olson Awarded $63M in Contracts

Posted on October 7, 2008
The Churchill Corporation's wholly-owned subsidiary Stuart Olson Constructors has been awarded two new contracts with the Alberta government. A new $45-million high school will be built on land at the corner of 69th Street and 17th Avenue S.W. in Calgary, clearing the way for the west leg of LRT to run through the existing Ernest Manning site located at the corner of 17th Avenue and 33rd Street S.W. The new high school will be jointly funded through a memorandum of understanding between Alberta Infrastructure, the City of Calgary and the Calgary Board [...]

Kasian to Redesign Edmonton Landmark

Posted on October 7, 2008
Kasian, a global design firm, has been selected to lead the design of the Federal Building and Centennial Plaza project in Edmonton. The existing landmark building, originally constructed in 1958, has been unoccupied since 1989, and is now scheduled to undergo a contemporary transformation. The new design focuses on preservation and sustainability, drawing inspiration from the art deco style of the original architecture. The commission was awarded by Alberta Infrastructure after a public competitive process. The project, situated on the Edmonton Legislature [...]

$2M for Waterfront Property: Port Metro Vancouver

Posted on October 2, 2008
Port Metro Vancouver has announced it will contribute $2 million to the Corporation of Delta for the acquisition of the Seven Seas Fishing Company site in Ladner. The purchase of this property will help Delta secure public waterfront land to revitalize Ladner Harbour. The $2-million contribution is being made by the Port as part of the Deltaport Third Berth Project Community Amenities Fund. The Deltaport Third Berth Project will add a third berth and twenty hectares of container storage to the existing Deltaport container terminal at Roberts Bank in Delta. Originally [...]
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