Carney launches Major Projects Office in Calgary

Key Takeaways:

  • The federal government has launched a new Major Projects Office (MPO), headquartered in Calgary, to streamline approvals and accelerate construction of large-scale infrastructure projects such as ports, railways, and clean energy initiatives.
  • The MPO aims to cut project approval timelines to two years or less, using a “one project, one review” approach in partnership with provinces, territories, and Indigenous communities.
  • Dawn Farrell, former Trans Mountain and TransAlta CEO, has been appointed to lead the office, which will also establish an Indigenous Advisory Council and expand financing tools, including the Indigenous Loan Guarantee Program.

The Whole Story:

Prime Minister Mark Carney has unveiled a new federal agency aimed at cutting red tape and accelerating the development of major infrastructure projects across Canada.

The Major Projects Office, headquartered in Calgary with satellite offices planned for other cities, will act as a single point of contact for companies and governments pursuing large-scale projects such as ports, railways, energy corridors, critical mineral developments and clean energy initiatives.

Carney said the office will streamline environmental and regulatory reviews, with the goal of reducing approval timelines for nationally significant projects to no more than two years. Ottawa also plans to work with provinces and territories to implement a “one project, one review” approach for environmental assessments.

The office will also help structure and co-ordinate financing, drawing on private investment, provincial and territorial partners, and existing federal tools such as the Canada Infrastructure Bank, the Canada Growth Fund and the Indigenous Loan Guarantee Program.

Dawn Farrell, former head of Trans Mountain Corporation and TransAlta, has been appointed the office’s first chief executive officer. Farrell, who brings four decades of energy sector experience, is expected to play a central role in advancing projects and navigating regulatory processes.

An Indigenous Advisory Council, with members from First Nations, Inuit, Métis and modern treaty partners, will be established next month to guide the office’s work. The federal government has also committed $40 million over two years to help Indigenous communities engage in the review process, and has expanded the Indigenous Loan Guarantee Program to $10 billion.

Carney said the initiative builds on the Building Canada Act, passed in June, which created a framework for accelerating projects deemed in the national interest.

“For too long, projects have been stalled by arduous approval processes, leaving enormous investments on the table,” Carney said in Ottawa. “We are moving at a speed not seen in generations to build ports, railways, energy grids – the projects that will unlock Canada’s full economic potential.”

The government said the first slate of projects to be advanced under the new system will be announced in the coming weeks.

Philip Hoare is stepping down as Chief Operating Officer at AtkinsRéalis and will become Group Chief Executive of Balfour Beatty on September 8th, succeeding Leo Quinn.

Mark Brown has been appointed as Chief Operating Officer at ATCO EnPower, bringing nearly three decades of energy sector experience to lead the company through its growth period.

Beau Brooker has joined Northcrest as Vice President, Construction, where he will lead the construction of YZD, the former Downsview Airport lands development project in Toronto.

Gerald Cottreau is now Director of Estimating at Chandos Construction.

Erin Elliott, CPA, CA will join Conwest Developments as Chief Financial Officer on September 8th.

Kris Emmons has been appointed President at Raven Roofing Ltd.

CarbonCure Technologies announced some key Board of Directors appointments: William Holden has been elected Board Chair, Onne van der Weijde is now Board Vice Chair, and Stacy Kauk, P.Eng., Chief Science Officer at Isometric, is joining the Board.

Meghan Damaj has accepted a new role as Indigenous Relations Manager with Graham.

Gianfranco Provenzano is now Communications and Community Engagement (Yonge North Subway Extension) at Aecon Group.

Dean Rawson has been appointed Vice President, Construction, at Tahltan Nation Development Corporation (TNDC), bringing over 30 years of leadership experience in construction, operations, engineering, and project execution across multi-billion-dollar programs in Canada and the United States.

EBC Inc. has announced five strategic leadership appointments: Alan McNee joins as Vice President, Operations – Building Toronto/Ottawa; Sebastien Ducharme as Vice President, Operations – Building Montreal; Louis Thomassin as Vice President, Operations – Building Quebec; Jerôme Nombalais as Vice President, Preconstruction – Building Montreal; and Gary Kozak as Vice President, Proposals and Business Development – Building.

Rick Doman has been appointed to the Forestry Innovation Investment (FII) board as chair. Doman brings more than 40 years of experience in Canada’s forestry industry to the role.

Éric Landry has been appointed as Director of Major Projects Scaffolding at Atwill-Morin Scaffolding, a division of Atwill-Morin.

Cam McFadyen has joined Komplete Modular Solutions Ltd. as Account Manager, bringing over 20 years of experience in account management, business development, and sales leadership.

Tanner Uzzell is leaving Horizon Contracting Group after 8 years, most recently serving as VP of Operations, and is exploring new opportunities.

Chuck Chow has joined Fort Modular Inc as BC Lease and Fleet Manager, bringing over 22 years of experience in the modular solutions rental space and construction industry.

Miguel Santos is starting a new position as Director, Construction Operations at Fitzrovia.

Jason Winterbottom has been promoted to Director of Drafting Services at Glotman Simpson Consulting Engineers after 24 years with the company.

Cathleen Basco is now Events and Sponsorships Manager at the Vancouver Regional Construction Association.

Vicky Donovan has been promoted to Manager of People Operations at SitePartners.

Paris Lavan has joined Beedie as Director of Leasing for their Industrial team, bringing over a decade of experience in landlord and tenant representation from her previous brokerage career.

Danish Javed has stepped into the role of Director of Construction Systems & VDC at Lundy Construction Inc.

Aldo Porra is now Preconstruction Manager at Aecon Group Inc.

Trevor E. has been promoted to Field Operations Manager at Mission Group.

Jennifer Fraser has left her role as Project Executive with the BC Ministry of Transportation and Transit after 17 years.

Michael Brimer has been appointed as Vice President of Construction at Townline Group of Companies, bringing over 25 years of experience in large-scale commercial construction projects across North America.

Scott Armstrong has joined Entuitive as a senior associate in the firm’s building envelope and sustainability team, based in Toronto.

Nick Milestone is now Chief Operating Officer at Mercer Mass Timber.

Laura Samson, a former 40 Under 40 in Canadian Construction Winner, has started a new role as Director, Airport Operations at Calgary Airports

Sam Fuller has been promoted to President of Thomas Fuller Construction Co. 

Brad Quartel is now Vice President at Thompson Construction Group

Thomas Clochard has been appointed Executive Vice President and Chief Operating Officer at Aecon Group Inc., effective September 2, 2025.

Samson Tam has been appointed as Vice President of Development at Corix Group of Companies.

Lora McMillan has been promoted to National Director, Construction Services at BGIS

Caitlin Hartigan has been hired as the new dean of trades and apprenticeship at Okanagan College, bringing her experience from Women Building Futures in Edmonton and Northwestern Polytechnic in Grande Prairie.

Glen Barker has joined TROIKA as Vice President of Construction, bringing over 40 years of experience and $1B+ in delivered projects including the YVR Runway Extension, Nanaimo Airport, and South Fraser Perimeter Road.

Yadana Oo has joined B&A as a Planning Technician, bringing 8+ years of international experience in architecture, interior design, and urban planning from projects across Singapore, China, and Myanmar.

Tina Webb has been promoted to Director of Building Information Modelling (BIM) at Fast + Epp. Webb, based in Nanaimo, B.C., is a certified structural technologist with over 25 years of experience, including more than 15 years specializing in BIM.

Laurel Murphy has been appointed Vice President and Director of Operations for Water in Central and Western Canada at AECOM, succeeding David Humphreys who becomes Senior VP and Project Delivery Leader for Canada.

Bruce Vasarhely has been promoted to Director of Operations at Kinetic Construction Ltd., stepping up from his role as Vancouver Branch Manager.

Chernoff Thompson Architects has promoted Michelle Yeung and Byung-Hee Kang to Principal. Both architects bring decades of experience across industrial, healthcare, education, and laboratory sectors.

Heidi Deras has joined ConstructionClock as Director of Product, bringing experience from RocketRez and Bold Commerce.

CAWIC Announces New 2025-2026 Board of Directors: The Canadian Association of Women in Construction has appointed Kristen Bauer as President, with Lisa Laronde as Past President, Susan Carey as President Elect, Christina K. as Treasurer, and Jamie West as Secretary.

Madeleine Payne, CFA has joined Ayrshire Group as Vice President, Developments.

Mick Prieur, P.Eng. has joined the Cement Association of Canada as Senior Technical Director, Engineering, where he’ll work with the Construction Innovation team on codes and standards, concrete pavements and transportation infrastructure.

John McNicoll is now Vice President at Cormode & Dickson—a company with over 60 years of construction excellence across Western Canada.

Key Takeaways:

  • The Nisga’a Nation, Tahltan Nation and Arrow Transportation are jointly acquiring the Port of Stewart Bulk Terminal and consolidating regional trucking operations under a new partnership.
  • The deep-sea terminal is a key export point for copper and gold concentrate from northwest B.C.’s mining sector, including Newmont’s Brucejack and Red Chris mines, and currently operates at about half capacity.
  • The deal gives the Indigenous nations equal ownership and control over major regional infrastructure, backed by a $5-million provincial grant and support from Newmont, marking a significant step in advancing Indigenous economic sovereignty and participation in Canada’s critical minerals supply chain.

The Whole Story:

The Nisga’a Nation and Tahltan Nation are joining forces with Arrow Transportation Systems Inc. to acquire the Port of Stewart Bulk Terminal, a deep-sea shipping facility in northwestern British Columbia that serves as an export hub for critical minerals.

The three groups have formed Portland Canal Holdings Limited Partnership, which has signed a binding agreement to purchase Stewart Bulk Terminals Ltd., the owner and operator of the facility. The deal is expected to close in the coming months, subject to regulatory approvals and other customary conditions.

The joint venture will also consolidate Arrow’s Stewart trucking division with the Tahltan-Arrow Transportation Limited Partnership, which already hauls bulk commodities in Tahltan Territory. Together, the new entity will control both port and trucking operations through separate subsidiaries, with each partner holding equal ownership, board representation and profit rights.

“This acquisition of a strategic asset will drive economic growth, create opportunities and strengthen our Nations’ self-determination,” said Kerry Carlick, president of the Tahltan Central Government. “I can only imagine how proud our Tahltan and Nisga’a ancestors would be.”

Nisg̱a’a Lisims Government president Eva Clayton said the partnership allows the Nisga’a Nation to help manage an important piece of infrastructure within its territory. “This represents an opportunity for the Nisga’a Nation to be involved in efficiently operating and expanding an integral asset in a way that is environmentally responsible,” she said.

Arrow executive vice-president Tim Bell said the deal creates a vertically integrated supply chain that will improve efficiency and safety. “By consolidating the port terminal and our regional trucking operations, we are creating long-term, high-quality jobs while advancing economic reconciliation and unlocking generational opportunities,” he said.

The Port of Stewart sits on six acres at the northern tip of the Portland Canal and is fully permitted as a deep-sea shipping terminal. It was originally designed to provide export access for copper concentrate and has operated under private ownership since 1994, most recently by the Soucie family. The facility currently employs six full-time staff and handles about 260,000 tonnes of copper and gold concentrate a year — about half its rated capacity.

The terminal is a critical link for the mining sector in B.C.’s mineral-rich northwest, where more than 50 per cent of the province’s exploration activity takes place. Current customers include Newmont’s Brucejack and Red Chris mines, both located within Nisga’a and Tahltan territories.

Provincial officials have framed the transaction as part of B.C.’s “Northwest Strategy,” which aims to balance mining development with reconciliation and conservation. The province has provided a $5-million grant to support the purchase.

“This joint venture is a great example of what can be achieved when you see an opportunity and work to make it a reality,” Premier David Eby said. “It furthers reconciliation and creates good jobs while demonstrating how British Columbia will become Canada’s new economic engine.”

Mining and Critical Minerals Minister Jagrup Brar said the investment will strengthen export capacity and support industrial growth in the northwest. “This contribution advances reconciliation through meaningful economic inclusion and partnership,” he said.

Newmont, one of the largest mining companies operating in the region, is also backing the deal. Abdul Rahman Amoadu, managing director for the company’s Africa and Canada business unit, said Newmont’s support goes beyond exporting minerals. “It involves empowering our First Nation partners in owning the infrastructure that will define the region,” he said.

For both the Nisga’a and Tahltan Nations, the acquisition represents a long-sought opportunity to play a larger role in managing resource infrastructure on their territories. Tahltan leaders described it as another step toward economic sovereignty. “Generations of Tahltans have expressed their desire for greater control over the resources within our Territory,” said Chief Richard (Rocky) Jackson of the Tahltan Band.

With new ownership in place, the partnership says it plans to optimize use of the port, expand services, and help unlock economic opportunities tied to critical minerals development in northwestern B.C., Canada and beyond.

Infrastructure Ontario and North York General Hospital have invited four construction teams to submit proposals for a major redevelopment project that will add a new patient care tower to the hospital.

The tower, to be built through Infrastructure Ontario’s Alliance delivery model, will connect to the existing building and include underground parking. The facility is expected to feature up to 317 private patient rooms, expanding acute care capacity by about 100 beds. It will also house additional space for some of the hospital’s most critical programs and services.

The four prequalified bidders are:

  • Building Beyond Alliance, led by Bird Design-Build Construction Inc. and Graham Design Builders LP, with HDR Architecture Associates Inc. as design prime.
  • EllisDon Corporation, with Parkin Architects Limited as design partner.
  • North York Healthcare Alliance, led by Pomerleau Inc. and Ledcor Construction Limited, with Montgomery Sisam Architects Inc. as design prime.
  • PCL Constructors Canada Inc., with DIALOG Ontario Inc. as design partner.

The firms were shortlisted following a qualifications process launched in January. Their proposals will be evaluated by Infrastructure Ontario and North York General, with the top-ranked team entering into a Project Alliance Agreement, pending approval from the Ministry of Health.

Key Takeaways:

  • Procore Technologies has entered a multi-year collaboration with Amazon Web Services to accelerate AI, analytics, and cloud-based solutions for the construction industry.
  • Procore’s construction management platform is now available in AWS Marketplace, making it easier for contractors and owners in North America and Europe to access the software through existing AWS accounts.
  • Major builder Balfour Beatty is already adopting the partnership, using Procore and AWS to gain real-time data and project insights aimed at improving efficiency and reducing risk.

The Whole Story:

Procore Technologies has signed a multi-year strategic collaboration agreement with Amazon Web Services (AWS) aimed at accelerating digital transformation in construction through artificial intelligence, analytics and data-driven tools.

The deal will see the two companies co-invest in product development and market initiatives, with Procore’s construction management platform now available in AWS Marketplace for customers in North America and Europe. The arrangement gives contractors and owners access through their existing AWS accounts, with consolidated billing and the ability to apply cloud credits toward the software.

Procore said the collaboration will advance its use of AI to streamline project delivery, improve decision-making and reduce risk. By integrating Amazon’s Bedrock large language models, the company plans to strengthen its suite of AI agents, which can handle document analysis, automate tasks and provide intelligent assistance on complex projects.

“This collaboration with AWS is a force multiplier of our mission to connect everyone in construction on a global platform,” said Steve Davis, Procore’s president of product and technology. “With AWS as one of our strategic collaborators, we will continue to supercharge our tools, enabling owners and general contractors to plan, build and operate their portfolios with greater efficiency and cost effectiveness.”

AWS said the partnership reflects the growing demand for cloud-based solutions in construction. “By combining Procore’s industry expertise with AWS infrastructure and services, we can empower customers to unlock new levels of productivity, gain deeper insights from their data, and scale their operations more effectively,” said Allison Johnson, senior manager with AWS.

Balfour Beatty, a major player in construction and infrastructure, said it is already working with Procore and AWS to digitize its operations. Senior vice-president and chief information officer Kasey Bevans said the partnership gives the company real-time data and project analytics that sharpen decision-making and improve visibility into project health.

“The combination of Procore and AWS helps us build smarter and more efficiently,” Bevans said. “By providing access to real-time data and clear sightlines into KPIs, we’re better able to reduce risk — which is fundamental to our business.”

Industry analysts say the agreement highlights how cloud providers are increasingly teaming up with sector-specific software firms to modernize industries like construction, which has been slower than others to adopt digital tools.

Key Takeaways:

  • The federal government is providing more than $326 million to British Columbia this year through the Canada Community-Building Fund to support local infrastructure projects.
  • The funding will cover a wide range of needs, from essential infrastructure such as transit, water systems, and roads to recreational facilities like parks and sports fields.
  • The Union of British Columbia Municipalities will administer the program in the province, giving local governments flexibility to invest in projects that respond to housing growth and community priorities.

The Whole Story:

The federal government is sending more than $326 million to British Columbia this year to support infrastructure projects ranging from public transit and water systems to community parks and sports facilities.

The funding, delivered through the Canada Community-Building Fund (CCBF), is intended to help municipalities improve essential infrastructure and support housing growth while also investing in recreational projects that make communities more livable.

In Surrey, for example, the program is helping pay for a new sports field, enhanced lighting and safety upgrades at Tamanawis Park. The city says the improvements will create a safer and more accessible space for families while encouraging active lifestyles.

Housing and Infrastructure Minister Gregor Robertson said the investments are part of Ottawa’s broader push to link housing growth with infrastructure upgrades.

“Building a strong Canada starts with building strong communities,” he said.

B.C. Housing and Municipal Affairs Minister Christine Boyle added that the funding will help local governments respond to growth pressures.

“From better parks and sport courts to transit and water systems, people thrive when their communities have the infrastructure that makes life better for everyone,” she said.

The Union of British Columbia Municipalities (UBCM), which administers the program in the province, said the fund has been crucial for local governments for more than two decades. UBCM president Trish Mandewo said the program’s flexibility allows municipalities to invest in critical projects while supporting long-term growth.

The CCBF is a permanent source of federal funding provided to provinces and territories, which distribute the money to municipalities. Ottawa says it will deliver $26.7 billion through the program between 2024 and 2034, including $2.5 billion to 3,700 communities across Canada in 2025-26.

Since 2015, the federal government has invested more than $29 billion nationwide through the program, including $3.1 billion in B.C.

Key Takeaways:

  • Trillium Rail Partners has been selected to deliver the Stations, Rail and Systems package for the Eglinton Crosstown West Extension, covering seven stations, track, and systems work.
  • The westward expansion of Line 5 is part of Ontario’s priority transit projects, but follows years of delays and cost overruns on the original Eglinton Crosstown, placing pressure on Metrolinx to avoid repeat setbacks.
  • Once complete, the extension is expected to ease congestion, improve access in Toronto’s west end and Mississauga, support housing growth, and lay the groundwork for a future connection to Pearson Airport.

The Whole Story:

Infrastructure Ontario and Metrolinx have awarded Trillium Rail Partners the contract to deliver the Stations, Rail and Systems (SRS) package for the Eglinton Crosstown West Extension, a major transit project in the Greater Toronto Area.

The consortium — made up of Amico Major Projects Inc., Alberici Constructors Ltd., and Acciona Infrastructure Canada Inc., with WSP Canada Inc. as lead designer — has signed a Development and Master Construction Agreement with Metrolinx. The deal allows the group to begin early works while collaborating with the transit agency to finalize scope, risk allocation and pricing during the development phase.

The SRS package includes design and construction of seven stations, installation of rail and systems for the 9.2-kilometre extension, and work at Mount Dennis Station to connect the line with future Line 5 Eglinton LRT service.

The Crosstown West Extension is part of a larger effort to expand rapid transit across the GTA. The project extends Line 5 westward from Mount Dennis to Renforth Drive, with a planned connection to Pearson International Airport through a separate link under study.

The Ontario government first announced plans for the extension in 2019 as one of four priority transit projects in the region. Procurement has been divided into several packages, including tunnels, stations, and systems, with a mix of public-private partnerships and progressive design-build models used to attract bidders and manage risk.

The broader Eglinton Crosstown program has faced significant hurdles. The main Crosstown line — still not open after more than a decade of construction — has drawn criticism for delays, cost overruns, and complex contract structures. Those setbacks have heightened scrutiny on the extension, with Metrolinx pledging lessons learned would be applied to speed up delivery.

Challenges for the west extension include tunnelling through dense urban areas, minimizing disruption to communities and businesses, and coordinating with multiple overlapping contracts. Rising material costs and labour shortages in Ontario’s construction market have also added pressure.

When complete, the extension is expected to cut travel times, ease congestion, and improve transit access in Toronto’s west end and Mississauga. Metrolinx projects that tens of thousands of daily riders will benefit, with smoother connections to buses, regional rail, and eventually Pearson Airport.

The provincial government has framed the project as part of its plan to boost housing supply by linking new developments to rapid transit. Officials say the investment will also support thousands of construction jobs and strengthen long-term economic growth in the region.

The extension is being delivered through multiple contracts, with other procurement packages already underway. No firm completion date has been announced, though early construction activities have started.

Key Takeaways:

  • The Goldboro gold mine is expected to create 735 jobs, add $2.1 billion to Nova Scotia’s GDP, and generate $528 million in tax revenue over 15 years.
  • The project received its industrial approval after seven years of consultation, following an earlier environmental assessment approval in 2022.
  • NexGold has signed benefit agreements with local and Mi’kmaw governments, and the mine will be subject to strict environmental and operational conditions under provincial oversight.

The Whole Story:

A new gold mine in Guysborough County has received industrial approval from the Nova Scotia government, clearing the way for a project expected to create hundreds of jobs and inject billions into the province’s economy.

The Goldboro gold mine, owned by NexGold Mining Corp., is projected to generate 735 jobs and contribute $2.1 billion to Nova Scotia’s gross domestic product over its 15-year lifespan. Work is set to begin in 2026 following seven years of consultation and study.

The province says the project will also provide $1.1 billion in direct and indirect household income and $528 million in tax revenue, including $274 million provincially, $44 million municipally and $209 million federally. NexGold has signed benefit agreements with both the Municipality of the District of Guysborough and the Assembly of Nova Scotia Mi’kmaw Chiefs.

Industrial approvals set conditions for daily operations and environmental safeguards. The Department of Environment and Climate Change has created a specialized oversight team to monitor large industrial projects, including mining. The department says the Goldboro project will be subject to stringent terms and conditions covering construction, operation, closure and site reclamation.

Kevin Bullock, NexGold’s president and CEO, called the approval “a tremendous moment” and said the company is committed to operating “in an environmentally responsible and sustainable manner.” Guysborough Warden Paul Long said the mine would bring “significant socio-economic benefits” to the region through job creation, community agreements and new tax revenue.

The mining industry in Nova Scotia currently supports about 2,500 jobs with average wages of $100,000 a year. The Goldboro project has a planned 15-year timeline, including 11 years of operation and a remediation phase.

NexGold received environmental assessment approval for the project in June 2022.

Key Takeaways:

  • The Vaughan Chamber of Commerce called the project “critical to supporting the movement of goods and unlocking future economic opportunities,” while the Ontario Road Builders’ Association said investments like Highway 413 are needed to reverse the mounting cost of congestion.
  • The Ontario Stone, Sand and Gravel Association and the Residential and Civil Construction Alliance of Ontario said the highway would support demand for building materials and skilled trades jobs.
  • Highway 413 is one of several large projects the province is pursuing as part of a $30-billion, decade-long investment in highways, bridges and roads, which also includes the Bradford Bypass and the twinning of the Garden City Skyway.

The Whole Story:

The Ontario government has awarded the first two construction contracts for Highway 413, a major step in the province’s plan to build a new expressway across the northwestern Greater Toronto Area.

One contract was awarded to Fermar Paving for an embankment at the Highway 401 and Highway 407 interchange. The second one went to Pave-Al to resurface Highway 10 in Caledon, Ont.

Premier Doug Ford announced the contracts Tuesday in Caledon, where crews are beginning to resurface Highway 10 in preparation for a new bridge over the planned route. Work will also begin at the Highway 401/407 interchange, which will serve as the highway’s western terminus.

The 60-kilometre highway is slated to run from the 401/407 near Mississauga, Milton and Halton Hills to Highway 400 in Vaughan, with connections to Highways 410 and 427. The province says the route will save drivers up to 30 minutes per trip, support more than 6,000 jobs annually and add $1 billion a year to Ontario’s GDP during construction.

“Highway 413 is at the centre of our plan to get drivers in the GTA and across Ontario out of gridlock, and we’re getting it done,” Ford said. “In the face of U.S. tariffs and economic uncertainty, we’re awarding critical construction contracts faster so we can keep Ontario’s economy going and keep thousands of workers on the job.”

Transportation Minister Prabmeet Sarkaria said congestion costs Ontario up to $56 billion a year and Highway 413 will bring relief to one of the most heavily used corridors in North America.

The project has been strongly backed by several municipal leaders. Brampton Mayor Patrick Brown said the highway will “create good quality jobs, attract new investment and ensure people and goods move more efficiently.” Caledon Mayor Annette Groves said the route will ease traffic pressure on local roads and heavy-truck traffic through her community.

Business groups also welcomed the announcement. The Vaughan Chamber of Commerce called the project “critical to supporting the movement of goods and unlocking future economic opportunities,” while the Ontario Road Builders’ Association said investments like Highway 413 are needed to reverse the mounting cost of congestion.

The Ontario Stone, Sand and Gravel Association and the Residential and Civil Construction Alliance of Ontario said the highway would support demand for building materials and skilled trades jobs.

Highway 413 is one of several large projects the province is pursuing as part of a $30-billion, decade-long investment in highways, bridges and roads, which also includes the Bradford Bypass and the twinning of the Garden City Skyway.

The government passed legislation last year aimed at expediting Highway 413 construction. According to a report by the Canadian Centre for Economic Analysis, the annual cost of gridlock in Ontario could reach $108 billion by 2044 if left unchecked.

The project has faced opposition from environmental groups and urban planners, who warn it could damage farmland and sensitive ecosystems while encouraging suburban sprawl. The province says those concerns are being addressed through its planning process.

Key Takeaways:

  • Canada will add about 2.5 million housing units by 2035, but an additional 690,000 units are needed to close the national housing gap — requiring 3.2 million completions in total.
  • To meet that target, the country would need to build an average of 290,000 homes per year, surpassing the record 276,000 completions of 2024 for 11 consecutive years.
  • Suppressed household formation — people delaying moving out due to affordability challenges — is projected to reach 714,000 by 2035, underscoring the depth of unmet demand in the housing market.

The Whole Story:

Canada will fall well short of the housing it needs by 2035, according to a new report from the Parliamentary Budget Officer.

The analysis projects that while 2.5 million new homes are expected to be built over the next decade, an additional 690,000 units would be required to close the housing gap and restore vacancy rates to historical norms.

That means Canada would need 3.2 million net new homes by 2035 — an average of 290,000 completions annually. Meeting that target would require builders to surpass the record 276,000 completions of 2024 every year for 11 straight years.

“Based on our estimates, the projected pace of construction will not be sufficient to eliminate the housing gap,” the report stated.

The PBO defines the gap as the number of homes required to meet demographic demand, account for “suppressed” household formation — people delaying moving out due to affordability — and return the vacancy rate to its 2000–2019 average of 6.4 per cent. The office projects that suppressed household formation alone will reach 714,000 by 2035.

The report comes as Ottawa faces mounting pressure over the housing crisis. Immigration policy changes introduced last year will slow household formation, but even with completions running above average, supply will not keep up with underlying demand.

The findings also highlight differences with Canada Mortgage and Housing Corp., which earlier this year pegged the housing shortfall at 2.6 million units. CMHC’s calculation is tied to affordability goals, while the PBO’s is based on balancing supply and demand through vacancy rates.

The budget officer cautioned that simply building more homes will not be enough to address affordability pressures everywhere. Regional disparities, income growth, interest rates and the types of homes built will also play a role in determining how effective new supply is at easing the crisis.

Another podcast? We can hear the groaning already. But hear us out. Rather than hours and hours of longform interviewing, our team is focused on equipping builders with information and insights they need to succeed.

That’s why on our Digging In podcast channel we have introduced a weekly, shortform podcast that boils all the biggest industrial headlines down into roughly 10 minutes of insights builders need to know. SiteNews editor Russell Hixson, who has been covering Canada’s construction sector for more than a decade, is your host, giving you the context behind the headlines so you can show up on site up to speed.

“There are many longform industry podcast right now with invaluable information, but what if you just want to know what is going on in the construction world? Digging In fills that gap. Builders don’t always have time to sift through all the headlines and make sense of what is happening. But we do,” said Hixson.

New episodes drop every Monday. Subscribe to Digging In on Spotify. But don’t worry iPhone users. We are coming to Apple Podcasts soon.

This week we break down the lifting of reciprocal tariffs with the U.S., major contracts awarded for Volkswagen’s $7-billion EV battery plant in Ontario, and Ontario’s $75-million investment in training thousands of new tradespeople and urban planners. We also cover two massive business moves shaking up the industry—ITC’s acquisition of Farmer Construction and Lowe’s $8.8-billion deal for Foundation Building Materials.

Key Takeaways:

  • Alberta Utilities Commission grants approval of the Need Assessment Application for the Yellowhead Pipeline Project
  • Progressing this strategic energy infrastructure represents a key milestone in ATCO’s growth strategy across energy, housing and defence.
  • The project is expected to create 2,000 direct jobs and supports an average of 12,000 jobs annually through related downstream investments. Once operational, the downstream investments are estimated to contribute $3.9 billion* annually to Alberta’s GDP.

The Whole Story:

ATCO Ltd. says its utilities subsidiary has cleared a major hurdle in advancing the proposed Yellowhead Pipeline Project in Alberta.

The company announced Monday that the Alberta Utilities Commission (AUC) has approved Canadian Utilities Ltd.’s Need Assessment Application, the first of two major regulatory approvals required for the 230-kilometre natural gas pipeline.

The project would run from the Peers area to Fort Saskatchewan, delivering more than 1,200 terajoules — or about 1.1 billion cubic feet — of natural gas per day. ATCO says the expansion is intended to bolster Alberta’s transmission system and support future economic and population growth.

“This Alberta Utilities Commission decision affirms the strategic importance of the Yellowhead Pipeline in supporting Alberta’s long-term energy resilience,” said ATCO chair and CEO Nancy Southern in a statement.

Canadian Utilities plans to submit a separate facilities application later this year to seek AUC approval for construction and operation of the infrastructure. If approved, construction is expected to begin in 2026.

ATCO, which has about 21,000 employees worldwide and assets of $27 billion, operates across energy, housing, security and transportation sectors. Its Canadian Utilities subsidiary delivers electricity and natural gas transmission and distribution through ATCO Energy Systems.

Key Takeaways:

  • PowerCo Canada has awarded major construction contracts to Steelcon Group of Companies and Magil Construction Canada for its $7-billion St. Thomas gigafactory, the largest electric vehicle battery plant in Canada.
  • The project will generate thousands of jobs, with Steelcon employing more than 500 Canadian workers and Magil undertaking one of the largest foundation packages ever awarded in Southwestern Ontario.
  • Once complete, the facility will produce enough battery cells to power up to one million electric vehicles annually, marking a cornerstone in Volkswagen’s North American battery strategy.

The Whole Story:

PowerCo Canada has awarded two major construction contracts for its $7-billion electric vehicle battery plant in St. Thomas, Ont., a project billed as the largest of its kind in Canada.

The Volkswagen subsidiary said Thursday that Steelcon Group of Companies will handle structural steel work, while Magil Construction Canada Inc. has secured the foundations contract. The work includes one of the biggest foundation packages ever awarded in Southwestern Ontario, covering three buildings across 850,000 square feet.

“We are proud to partner with PowerCo Canada to build the St. Thomas gigafactory, a project that embodies the future of Canadian industry,” said Danny Bianco, President at Steelcon Group of Companies. “Our team of skilled Canadian fabricators is ready to deliver, and we are especially proud to contribute to a project that will support significant local employment and drive economic growth here in Ontario.”  

PowerCo says the first concrete pour will involve more than 32,500 cubic metres of concrete and 500,000 square feet of formwork, with physical construction set to begin in the coming weeks. The factory will eventually produce enough battery cells to power up to one million electric vehicles a year.

“Magil Construction has a nearly 80-year legacy of building with vision, and we are thrilled to bring that expertise to such a landmark project in St. Thomas,” said Paul Henke, President at Magil Construction Canada Inc. “Our commitment to working with local trades and suppliers means this project will be built by the community, for the community, laying the groundwork for economic prosperity and job creation across Southwestern Ontario.”

Frank Blome, CEO of PowerCo SE, called the facility a “cornerstone” in building a global battery business in both Europe and North America, while St. Thomas Mayor Joe Preston said the project will be a “game-changer” for the region.

The company says the development will generate thousands of direct and indirect jobs, including construction roles, supplier opportunities and local business growth. Steelcon plans to employ more than 500 Canadian workers, with 30 from the London and Southwestern Ontario region.

PowerCo Canada was established in 2022 to oversee Volkswagen’s battery operations in North America. The St. Thomas facility will be its third and largest project worldwide.

Canada’s skyline is being shaped by some of the world’s most inventive architectural minds, and in this video, we’re highlighting seven firms that are redefining the country’s built environment. From sustainable mass timber innovations to culturally grounded Indigenous design, these studios are creating spaces that are not only visually striking but socially and environmentally meaningful. Join us as we explore the groundbreaking projects and award-winning work of Michael Green Architecture, 5468796 Architecture, RDH Architects, Revery Architecture, Hariri Pontarini Architects, Two Row Architect, and Formline Architecture.

Transcript:

Architecture is hard. Luckily for Canada, there are much better minds than mine who are helping shape our skylines. I’ll keep practicing, but in the meantime, let’s check out 7 amazing firms creating Canada’s architectural marvels. 

Michael Green Architecture (MGA) is a Vancouver-based firm led by Michael Green and Natalie Telewiak, internationally recognized for its expertise in mass timber and sustainable design. The firm’s groundbreaking projects include the T3 Minneapolis office building, Ronald McDonald House in B.C., and leading Canada’s effort to create 50 standardized housing designs. MGA is a global leader in tall wood innovation, and its work has earned over 50 international awards.

5468796 Architecture, founded in Winnipeg in 2007, is known for its inventive, often sculptural approaches to multi-family housing. Signature projects include the OMS Stage, Bloc_10, and the award-winning YouCube development. Their adaptive reuse of a 1906 pumping station into the Pumphouse residential project exemplifies their bold design ethos. The firm has received several Governor General’s Medals in Architecture and was a finalist for the prestigious Mies Crown Hall Americas Prize.

RDH Architects is a Toronto-based studio with roots dating back to 1919. Once a traditional practice, it has transformed into a modern design powerhouse known for civic buildings such as the Waterdown Library and Civic Centre, Mount Dennis Library, and North York Central Library. RDH has won more than 70 major design awards, including four Governor General’s Medals and multiple OAA Design Excellence Awards.

Revery Architecture, formerly Bing Thom Architects, is a Vancouver-based global firm acclaimed for dramatic, community-centered cultural spaces. Their standout works include the Xiqu Centre for Chinese Opera in Hong Kong, Surrey City Centre Library, and the Chan Centre for the Performing Arts. With a reputation for blending form, function, and social purpose, Revery has earned the RAIC Gold Medal and numerous international accolades, continuing Bing Thom’s legacy of architectural storytelling.

Hariri Pontarini Architects is a Toronto-based studio founded in 1994 by Siamak Hariri and David Pontarini, known for designing emotionally resonant spaces across sectors. The firm’s global landmark Bahá’í Temple of South America received the RAIC International Prize, while Canadian projects like the Richard Ivey Building at Western University and the McKinsey & Company Toronto Office showcase its elegant, humanist approach. 

Two Row Architect is a 100% Indigenous-owned firm based in Six Nations of the Grand River, Ontario, established in 1992. Led by Brian Porter, the firm is dedicated to designing spaces rooted in Indigenous knowledge and traditions, with projects such as the Seneca College Indigenous Centre, Mohawk College’s Indigenous Gathering Place, and Cayuga Grand Vista. Its culturally attuned practice has earned national recognition for advancing Indigenous design in Canada’s built environment.

Formline Architecture, founded by Alfred Waugh in West Vancouver, is known for environmentally conscious, culturally grounded architecture that elevates Indigenous narratives. Signature projects include the Indian Residential School History and Dialogue Centre at UBC and the Snuh-NAY-mow-wuh First Nation Youth Centre. With a focus on expressive wood construction and sustainable design, Formline has received numerous honors including an RAIC Governor General’s Medal and the Wood Design Award for Institutional Wood Design.

All that research has inspired me to give my masterpiece another go. Perfect! See you all next time.”

Canada’s military is in the middle of one of its largest infrastructure and fleet renewal efforts in decades. Backed by tens of billions in federal funding, the Department of National Defence is rolling out a wave of projects that range from new Arctic facilities and modernized bases to some of the largest naval vessels ever built in the country.

For the construction sector, these initiatives represent more than just defence policy—they mean complex builds, long-term contracts, and opportunities to deliver everything from advanced shipbuilding to housing for military families. Here’s a look at the biggest projects currently reshaping Canada’s defence landscape.

CFB Trenton – Strategic Tanker Transport Capability (STTC) Upgrades

A major $850 million upgrade is underway at CFB Trenton to prepare it as the Eastern Main Operating Base for Canada’s new CC-330 Husky fleet. Announced in July, the project will expand air-to-air refuelling, strategic airlift, and aeromedical operations, making Trenton one of the most critical hubs in the Royal Canadian Air Force network. The first phase of construction, expected to continue into 2026, includes resurfacing the existing runway, aprons and taxiways. Preparations are also underway for the construction of a new two-bay hangar, training facility, fuel depot, and ramp extension. All required construction for the project, including fuelling and defuelling infrastructure, training facilities, and cargo and passenger processing infrastructure is anticipated to be completed by 2033.

Canadian Forces Housing Agency Residential Housing Units

To address chronic housing shortages for military families, DND is constructing 668 new Residential Housing Units (RHUs) and renovating more than 600 existing ones across multiple bases nationwide. Announced in January, the program will roll out over the next five years, beginning with new housing projects at CFB Borden. The new RHUs will include a mix of housing types, such as multi-unit buildings, row houses and semi-detached units. The work is part of a broader $1.4 billion investment over 20 years for housing projects to support the men and women of the CAF.

NORAD Modernization Program

Canada has committed $38.6 billion over 20 years to modernize the North American Aerospace Defense Command. The program will overhaul radar, communications, and surveillance systems across the Arctic and northern regions, representing the most significant investment in continental defence in decades. The plan is focused on five interconnected priorities: upgrading surveillance systems to detect threats earlier and with greater precision; enhancing technology to communicate threats swiftly to decision-makers; modernizing air weapons systems; investing in infrastructure and support capabilities to sustain a strong military presence nationwide; and future-proofing continental defence through continued investments in science and technology.

River-Class Destroyers

As part of Canada’s National Shipbuilding Strategy, work is underway on up to 15 new River-class destroyers. The project, officially valued at around $60 billion but projected by independent analysts to potentially cost much more, represents the largest fleet renewal in Canadian history. The River-class ships will replace the Navy’s retired destroyers and aging Halifax-class frigates with advanced multi-role warships equipped for air defence, anti-submarine warfare, and modern combat operations, ensuring the Royal Canadian Navy can meet evolving global and domestic demands.

Protecteur-Class Joint Support Ships

Seaspan Shipyards in Vancouver is constructing two Protecteur-class replenishment vessels to replace the retired auxiliary oiler fleet. These 173-metre, 20,000-tonne ships are the largest naval vessels ever built in Canada on the West Coast, designed to carry fuel, ammunition, spare parts, and other supplies to extend the range and endurance of the Royal Canadian Navy. They will also feature hospital facilities and the ability to support disaster relief and humanitarian missions. The first vessel, HMCS Protecteur, is scheduled for delivery in late 2025, followed by HMCS Preserver in 2027.

Polar Icebreaker Project

Canada is building two new heavy polar icebreakers—one at Seaspan Shipyards in Vancouver and another at Davie Shipbuilding in Quebec—in a program valued between $7.5 billion and $8.5 billion. The first vessel, the CCGS Arpatuuq, is under construction at Seaspan and is expected to be delivered by 2030. The second, the CCGS Imnaryuaq, is being built by Chantier Davie Canada Inc. in collaboration with Helsinki Shipyard and is slated for delivery by 2032. These vessels will significantly enhance Canada’s Arctic operational capacity, supporting sovereignty, scientific research, and year-round maritime navigation. The project is part of the Icebreaker Collaboration Effort (ICE Pact), a trilateral partnership between Canada, Finland, and the United States aimed at strengthening Arctic capabilities amid increasing geopolitical tensions and climate change impacts in the region.

Nanisivik Naval Facility

Located in Nunavut, the Nanisivik Naval Facility has been under development for over a decade and is expected to finally become operational in 2025. Designed as a refuelling and logistics hub for Arctic patrols, the project strengthens Canada’s ability to operate in the High North.

Key Takeaways:

  • ITC Construction Group has acquired Farmer Construction, expanding its presence in B.C. and strengthening its reach into the Vancouver Island market.
  • Farmer Construction, founded in 1951, will continue operating under its existing leadership and staff while gaining access to ITC’s resources and support.
  • ITC says the acquisition reflects its strategy of “growing with purpose” by partnering with companies that share its values of quality, integrity and community-building.

The Whole Story:

ITC Construction Group has acquired Farmer Construction, a long-standing Vancouver Island builder with more than 70 years of experience in the industry.

The deal expands ITC’s footprint in B.C., where it specializes in high-rise residential and mixed-use developments. Farmer, founded in 1951, is known for its commercial, institutional and residential projects across the Island.

ITC president Brad Burnett said the move reflects the company’s focus on “growing with purpose” and aligning with firms that share its values.

“Farmer Construction has a remarkable legacy, we are honoured to be able to support their mission and growth into the future,” he said in a statement.

Farmer will continue to operate under its current leadership and staff, while gaining access to ITC’s resources and support. Both companies emphasized that the acquisition will provide continuity for clients while creating opportunities for expansion.

Founded in 1983, ITC has delivered numerous high-rise and mixed-use projects in B.C. and beyond, and has emphasized sustainability and community-focused construction through its Building Communities initiative.

The acquisition is part of ITC Group’s recent expansion initiatives, including the opening of a Toronto office and the integration of a team in Victoria, complementing its existing presence in Vancouver, Calgary and Edmonton. With over 70 years of experience, Farmer will enhance ITC Group’s ability to deliver large-scale projects across Western Canada.

Farmer Construction boasts a portfolio of remarkable and award-winning projects. They led the development of the Poet’s Cove Resort on Pender Island, earned acclaim for their innovative FP Innovations wood-laboratory at UBC, and restored the heritage Young Building at Camosun College—receiving multiple heritage awards. They also were involved in the reconstruction of the Vancouver Island Regional Correctional Centre.

Farmer Construction recently broke ground on Harris Green Village, the largest housing project in Victoria ever. It includes two residential towers, a six storey podium, community amenities and more. Other current projects include Claude Residences, Spencer Block and 1901 Jerome.

Farmer Construction describes itself as a traditional contractor, not simply a “broker”.

“We have the knowledge and experience to work cooperatively with an owner’s consultant and architect from project conception to completion proposing cost saving options where available while retaining the project’s original vision,” says the company website. “We use our own skilled trades labour to better control the critical path of the project schedule and quality of work.”

ITC itself is no stranger to acquisitions. In July 2022, Pomerleau completed the largest acquisition in its history by purchasing ITC. The strategic move significantly expanded Pomerleau’s coast-to-coast reach and residential construction capacity, backed by $150 million investment from the Caisse de dépôt et placement du Québec (CDPQ), which helped fuel the acquisition and supported the company’s pan-Canadian growth ambitions.

Farmer Construction and ITC break ground on Harris Green Village in Victoria, B.C. – Farmer

Key Takeaways:

  • Ontario is replacing its fixed cost-per-bed funding model with a new percentage-based Capital Funding Program that will cover up to 85 per cent of eligible construction costs, with funding levels tailored to regional conditions.
  • The program is intended to speed up long-term care construction across the province, particularly in areas such as the Greater Toronto and Hamilton Area and northern Ontario that face higher costs and labour shortages.
  • The first major project under the program is the redevelopment of Maxville Manor in Eastern Ontario, which will expand to 160 beds with modern amenities and is expected to open in 2027.

The Whole Story:

The Ontario government is introducing a new funding program aimed at building long-term care homes more quickly in regions facing labour shortages, high land costs and supply chain challenges.

The Capital Funding Program (CFP) replaces the province’s cost-per-bed funding model with a flexible system that will cover up to 85% of eligible construction costs, depending on location. Not-for-profit operators will receive money earlier in the process, while hospitals and Indigenous operators will be able to access their entire allocation during construction.

Long-Term Care Minister Natalia Kusendova-Bashta said the shift is designed to address regional cost pressures and help Ontario meet its goal of adding 58,000 new and upgraded long-term care beds.

“As Ontario ages, we need to build long-term care homes faster, smarter and in the places that need them most,” she said.

The program’s rollout coincides with the redevelopment of Maxville Manor, a long-term care home in Eastern Ontario that is renovating 122 existing beds and adding 38 new ones. The $160-bed facility will include new amenities such as a dining room, spa, multipurpose room and outdoor spaces, and is expected to open to residents in 2027.

As of July, the province said 148 projects representing more than 24,000 new and redeveloped beds are either completed, under construction or approved. The government added that nearly four hours of direct daily care per resident is now being provided across Ontario, a benchmark it set under its Fixing Long-Term Care Act, 2021.

MPP Stéphane Sarrazin, whose Glengarry—Prescott—Russell riding includes Maxville Manor, called the project “an important investment in the health and well-being of our seniors,” while local officials described it as critical to meeting growing demand for long-term care in the region.

Key Takeaways:

  • The Ontario government is investing $75 million to create nearly 8,000 new post-secondary training spots in construction trades and urban planning by 2028.
  • The funding will add 7,500 seats at colleges and Indigenous Institutes for skilled trades programs and 300 seats at universities for graduate-level planning programs.
  • The investment is part of Ontario’s $200-billion infrastructure plan and aims to address labour shortages while protecting jobs amid U.S. tariffs and global economic uncertainty.

The Whole Story:

The Ontario government says it will spend $75 million to train nearly 8,000 additional students for careers in construction and urban planning, part of its wider push to support a massive infrastructure build-out across the province.

The funding will add up to 7,500 new seats in college and Indigenous Institute programs such as welding, carpentry and renovation techniques, while about 300 graduate-level spots will be created at universities to train more land use and urban planners by 2028.

“Our government has bold plans to build the Ontario of tomorrow, and it is critical that we have the homegrown, highly skilled workers to get it done,” Colleges and Universities Minister Nolan Quinn said Tuesday in Whitby.

Labour Minister David Piccini said the additional training capacity will help Ontario prepare for the province’s $200-billion, 10-year infrastructure plan, which includes new housing, highways, hospitals and schools. “Each of these additional seats will help ensure Ontario workers can land better jobs with bigger paycheques,” he said.

Colleges receiving funding include Durham, George Brown, Humber, Centennial, Conestoga, Fanshawe and Niagara, as well as Cambrian, Confederation, Collège Boréal, La Cité, Fleming, Georgian and Kenjgewin Teg, an Indigenous Institute. Universities set to expand graduate planning programs are Queen’s, Toronto Metropolitan, Guelph, York and Waterloo.

Durham College president Elaine Popp said the investment will “prepare career-ready graduates who will help meet Ontario’s housing and infrastructure needs.”

The province says the move will help safeguard Ontario jobs amid uncertainty caused by U.S. tariffs and global economic conditions.

According to government figures, Ontario’s post-secondary institutions currently offer about 240 construction-related programs, while six universities run accredited graduate-level planning programs.

The funding comes weeks after the province announced $260 million for the next round of its Skills Development Fund, which the government says has trained more than one million workers since 2021.

Key Takeaways:

  • Lowe’s Companies Inc. has agreed to acquire Foundation Building Materials (FBM) for US$8.8 billion in cash, a move aimed at expanding its services for professional contractors in North America.
  • FBM, which operates more than 370 locations in Canada and the United States, generated about US$6.5 billion in revenue in 2024 and will continue to be led by its current president and CEO, Ruben Mendoza.
  • The acquisition, expected to close in late 2025 pending regulatory approvals, will be financed through a mix of short- and long-term debt and is projected to boost Lowe’s earnings in its first full year after closing.

The Whole Story:

Lowe’s Companies Inc. says it has reached a deal to acquire Foundation Building Materials (FBM) in a transaction valued at about US$8.8 billion.

FBM distributes drywall, ceiling systems, insulation, metal framing and other interior construction materials to large residential and commercial contractors. The company operates more than 370 locations across the United States and Canada, serving roughly 40,000 professional customers.

In 2024, FBM reported about US$6.5 billion in revenue and US$635 million in adjusted earnings before interest, taxes, depreciation and amortization.

Lowe’s says the purchase will expand its offerings for professional contractors, a key growth area for the home improvement retailer. The North Carolina-based company has been working to build out its so-called “Total Home” strategy, which includes faster fulfillment, more digital tools, enhanced trade credit options and stronger cross-selling opportunities.

“This acquisition allows us to serve the large Pro planned spend within a US$250-billion total addressable market and aligns perfectly with our Total Home strategy,” Lowe’s chairman and chief executive Marvin Ellison said in a statement.

FBM president and CEO Ruben Mendoza said joining Lowe’s will allow the company to accelerate growth while continuing to provide service to professional contractors. Mendoza and his senior leadership team will stay on following the deal.

Lowe’s will pay cash for the acquisition and has secured US$9 billion in bridge financing from Bank of America and Goldman Sachs. The company says it expects to use a mix of short- and long-term debt to finance the purchase while maintaining its credit ratings.

The transaction, subject to regulatory approvals and closing conditions, is expected to close in the fourth quarter of 2025. Lowe’s says it expects the deal to be accretive to adjusted diluted earnings per share in the first full year after closing.

Weldco Heavy Industries acquired by PFM, McKay Métis Group

PFM Capital Inc. and McKay Métis Group have completed the acquisition of Weldco Heavy Industries, a steel fabrication and repair facility specializing in heavy mining equipment for the Athabasca Oil Sands. Founded in 2009, WHI operates a 60,000-square-foot facility in the Fort MacKay Caribou Energy Park, providing haul truck box and shovel refurbishments, large-scale steel repairs, and assembly projects. The company’s senior management team will remain in their roles to ensure continuity during the transition.

Lowes to acquire FBM for US$8.8B

Lowe’s Companies Inc. has struck a deal to buy Foundation Building Materials (FBM) for US$8.8 billion in cash, expanding its reach in the professional contractor market across North America. FBM, a distributor of drywall, insulation, ceiling systems and other building products, operates more than 370 locations in Canada and the U.S. and reported about US$6.5 billion in revenue in 2024. Lowe’s says the acquisition, expected to close in late 2025 pending regulatory approvals, will strengthen its “Total Home” strategy, enhance services for professional customers and be accretive to earnings in its first full year after completion.

J.S. Held expands with GHL Consultants purchase

J.S. Held, a US-based technical and forensic advisory firm, has acquired GHL Consultants Ltd., a Vancouver-based fire engineering and building code consulting firm. Founded in 1992, GHL has 48 employees and specializes in building code compliance, fire engineering solutions, wood fire safety, transportation advisory, and legal and forensic services. The acquisition expands J.S. Held’s Canadian presence, following earlier purchases of Montreal-based Technorm and other Canadian firms including Frostbyte Consulting and Examine Construction Consultants.

Crewscope raises $1M in pre-seed funding

Crewscope, a Toronto-based startup, has raised over $1 million in pre-seed funding to accelerate development of its field operations AI software for construction and industrial teams. Led by Groundbreak Ventures with strategic partnership from EllisDon, the platform helps crews align weekly goals with critical path schedules and provides real-time progress updates. The company reports customers have achieved up to 10% gains in labor productivity and improved forecast accuracy across projects with leading developers, contractors, and mining operations.

Swift Supply acquires Platinum Valve Solutions

Swift Supply has acquired Platinum Valve Solutions, a Western Canada–based company specializing in valve products and technical support for the energy sector. Platinum Valve will continue to operate under its existing name as a division of Swift Supply. The acquisition expands Swift’s presence in Western Canada and adds to its range of products and services, which include pipe, valves, fittings, actuation, and valve servicing. Swift Supply, a privately owned Canadian distributor with 21 branches nationwide, said the move strengthens its ability to support customers across the energy industry.

Nelson Roofing & Sheet Metal partners with Parcel B

Nelson Roofing & Sheet Metal Ltd has successfully partnered with Parcel B Limited in a transaction advised by MNP Corporate Finance. The partnership allows Nelson Roofing’s shareholders to implement their succession strategy while preserving company culture and ensuring continued growth. The deal represents a strategic move for the British Columbia-based roofing and sheet metal company to secure its long-term success under new ownership structure.

Aecon acquires Bodell Construction Company

Aecon Group Inc. has acquired Bodell Construction Company, an industrial construction company headquartered in Salt Lake City, Utah. Founded in 1972, Bodell is a privately-owned, non-union company with approximately 150 employees specializing in oil and gas, mining, water and wastewater, and power generation projects across the Western and Southern U.S. The acquisition strengthens Aecon’s core industrial capabilities, increases recurring revenue, and positions the company for expansion in key U.S. sectors and target markets.

NACG secures $2B contract in Australia

North American Construction Group Ltd. has secured a $2-billion, five-year contract extension in Queensland, Australia, marking the largest signed contract in the company’s history. The MacKellar Group, NACG’s wholly owned subsidiary, will provide mine services to an existing coal producer client through April 2030. This extension increases the company’s total contractual backlog to a record $4.0 billion, with Australian operations alone contributing $3.0 billion, providing full revenue visibility through 2029.

Blackstone now majority owner of Enverus

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Blackstone announced it has reached a definitive agreement to acquire Enverus, a Texas-based energy data analytics and software company, from Hellman & Friedman and Genstar Capital. Founded in 1999, Enverus provides real-time analytics and insights to more than 8,000 customers across 50 countries, including most major U.S. energy producers and tens of thousands of suppliers. The deal, which underscores Blackstone’s focus on investments tied to energy transition and rising electricity demand, is expected to close by the end of the year pending customary approvals. Terms of the transaction were not disclosed.

Chartwell Resource Group merges DWB Consulting Services

Chartwell Resource Group Ltd. has merged with DWB Consulting Services Ltd., a portfolio company of CAI Capital Partners. Fort Capital Partners acted as financial advisor to Chartwell in the transaction. The deal brings together two consulting services companies, with Fort Capital facilitating the strategic combination that positions the merged entity for enhanced market presence and expanded service capabilities.

Saint-Gobain buys business assets of Interstar Materials

Saint-Gobain Group has acquired the business assets of Interstar Materials Inc., a North American manufacturer specializing in construction chemicals and decorative concrete products. The acquisition marks Saint-Gobain’s entrance into granular pigments for concrete and follows recent acquisitions of Chryso in 2021 and GCP Applied Technologies in 2022. Interstar will continue operating from its headquarters in Sherbrooke, Quebec, plus facilities in Calgary, Alberta and Junction City, Illinois, with Saint-Gobain welcoming 55 new employees while maintaining the Interstar brand.

Tomlinson Group takes over Loyalist Quarry

Tomlinson Group has announced it is now operating the Loyalist Quarry in Odessa, Ontario, following its 2024 purchase of the property. This strategic addition strengthens the company’s network and enhances its ability to serve customers along the 401 corridor. As part of the Kingston community, Tomlinson Group emphasizes its commitment to growing with purpose and contributing meaningfully to the local area.

QuadReal acquires U.K. student housing portfolio

QuadReal Property Group has acquired an eight-asset, 3,460-bed purpose-built student accommodation portfolio in the U.K. from funds managed by Apollo Global Management for over $913 million. The Vancouver-based real estate investor targeted key markets including London, with six of the eight properties located within Russell Group universities. All buildings were developed within the last five to seven years and feature modern amenities including gyms, co-working spaces, and common areas. The acquisition aligns with QuadReal’s fundamentals-driven residential strategy in Europe, capitalizing on structural undersupply and growing student populations.

Heidelberg acquires BURNCO’s Edmonton assets

Heidelberg Materials North America has entered into a binding purchase agreement to acquire the assets of BURNCO Rock Products Ltd in Edmonton, Alberta. The transaction includes six aggregates sites, two asphalt plants, one bitumen storage terminal, three ready-mixed concrete plants, and one rail-served cement terminal in the Edmonton area, employing 200 people. The acquisition of the fifth-generation family-owned construction materials company is expected to be completed by end of 2025, subject to regulatory approval, and will significantly expand Heidelberg Materials’ aggregates business in the attractive Edmonton market.

Stack Modular expands into Australia

Stack Modular is expanding into Australia, targeting the country’s ambitious housing goals driven by the Brisbane 2032 Olympic Games. With Australia facing a target of 1.2 million new homes by 2029 and a shortfall of 130,000 construction workers, the company sees significant opportunity in the growing prefab sector projected to reach USD 10.8B in 2025. Stack Modular brings 14+ countries of delivery experience and 120,000 sq. ft. of manufacturing capacity to support Olympic-scale growth with 30% faster construction timelines.

BGC Engineering opens Whitehorse office

BGC Engineering Inc. has opened a new office in Whitehorse, Yukon, marking the company’s expansion into northern Canada. Led by Aaron Weber, P.Eng., P.E., the office strengthens BGC’s commitment to northern communities and deepens local partnerships. The Whitehorse location will provide geotechnical expertise and support existing and new clients with critical applied earth science challenges in the region, bringing the company closer to projects they have previously supported from afar.

CRH buys Eco Material Technologies

CRH, a global building materials provider, announced it will acquire Eco Material Technologies, a leading North American supplier of supplementary cementitious materials, for $2.1 billion. The deal, expected to close in 2025 pending regulatory approval, secures long-term access to critical cementitious products, expands CRH’s distribution and innovation capabilities, and strengthens its position in modernizing North America’s infrastructure. Eco Material, based in Utah, processes and recycles millions of tons of fly ash, synthetic gypsum, and other materials annually, and will continue to operate under its name as part of CRH.

Kode takes over PG Ready Mix assets to launch concrete division

Kode Contracting Ltd. has acquired the assets of former PG Ready Mix, launching a new division called Kode Concrete. Operating from 666 N Nechako Rd, the expansion strengthens the company’s ability to serve communities and clients across Northern BC. As the company celebrates 60 years in business, this milestone reflects their continued commitment to integrity, reliability, and excellence in construction services.