Russell Hixson is an award-winning investigative journalist who spent the early parts of his career doing crime and courts reporting in the U.S. before stumbling into covering Canada’s construction sector. He spent eight years writing for the Journal of Commerce where he became well versed on the industry and its issues. He’s covered the federal budget from Ottawa and documented the early impacts of the COVID-19 pandemic while locked down in his bedroom.
Hixson has developed a passion for the construction industry and seeks to convert others by sharing its stories through SiteNews. When he’s not writing stories, the East Vancouver resident enjoys kayaking, skateboarding and avoiding the neighbourhood skunks.
CIB’s $100 million participation agreement with the First Nations Bank of Canada will enable new infrastructure projects in First Nations, Métis, and Inuit communities.
Interested Indigenous communities can apply for loans to finance enabling infrastructure, with the process managed entirely by FNBC.
Enabling infrastructure can include site works, roadworks, water and wastewater management and utility connections.
The Whole Story:
The Canada Infrastructure Bank (CIB) has announced a $100 million loan participation agreement with the First Nations Bank of Canada (FNBC) for enabling infrastructure in First Nations, Métis, and Inuit communities.
Indigenous communities will have access to affordable and flexible financing to unlock enabling infrastructure development that can support improved living conditions, new economic opportunities and housing.
“This first-of-its-kind loan product with FNBC catalyzes innovation in the financial services sector and in the Indigenous market. Through this investment, Indigenous communities will work with FNBC to access critical financing to develop much-needed infrastructure in their communities and advance socio-economic reconciliation,” said Ehren Cory, CEO of CIB.
According to CIB, Indigenous communities’ limited access to affordable capital at flexible terms can constrain, impede or stop the achievement of community development projects.
Enabling infrastructure can include site works, roadworks, water and wastewater management and utility connections, and is needed to support economic and community growth through residential, commercial or industrial developments.
To pair with the CIB’s commitment, FNBC will provide concurrent project lending. CIB stated that together, this comprehensive financing package will enable Indigenous communities to realize their community and/or economic development plans faster.
FNBC is the largest Indigenous-owned and -led financial institution in Canada. More than 70% of FNBC’s employees are Indigenous, and Indigenous clients comprise 90% of its loan portfolio. FNBC provides services to First Nation, Métis and Inuit people and communities in urban areas and remote locations, including in Canada’s arctic region.
“This new loan program will make infrastructure projects in Indigenous Nations and communities more affordable and allow for more opportunities to develop Indigenous-owned lands,” said Bill Lomax, president and CEO of FNBC. “By partnering with CIB, we can leverage our expertise in working with Indigenous communities and support new projects in a way we have not seen before.”
Through the CIB’s Indigenous Community Infrastructure Initiative, the CIB collaborates with First Nation, Métis and Inuit communities across Canada on infrastructure projects in partnership with, and for the benefit of Indigenous communities across Canada.
Indigenous communities interested in accessing this community development financing, can learn more on the FNBC site.
This first-of-its-kind loan product with FNBC catalyzes innovation in the financial services sector and in the Indigenous market. Through this investment, Indigenous communities will work with FNBC to access critical financing to develop much-needed infrastructure in their communities and advance socio-economic reconciliation.
Key Takeaways:
McElhanney Ltd. will acquire 60-year-old Edmonton Engineering firm BPTEC, which specializes in bridge and structural projects.
The firm’s project history includes Latta Bridge Replacement, North Saskatchewan River Crossing at Drayton Valley, and the Health Research Innovation Facility.
McElhanney officials stated that the acquisition with strengthen its offerings in Alberta.
The Whole Story:
McElhanney Ltd. has announced plans to acquire BPTEC Engineering Ltd., an Alberta firm that specializes in bridge and structural engineering.
McElhanney officials stated that its offerings in Albert will be strengthened by BPTEC’s six decades of expertise. By expanding these bridge and structural engineering services, McElhanney’s clients will have access to skilled engineering experts committed to delivering transportation projects that meet and exceed the needs of communities.
“It’s undeniable that BPTEC’s expertise and strong reputation will mean an elevated experience for everyone,” says Stewart Smith, McElhanney vice president, Transportation and Transit. “This expansion means we will bring new service offerings to our northern Prairie clients and beyond, with the added touch of exceptional client service and high-quality work. We look forward to having their expert hands supporting our transportation and transit partners.”
Originally founded in 1961, BPTEC provided structural engineering solutions to the infrastructure industry with successful projects including the Latta Bridge Replacement, North Saskatchewan River Crossing at Drayton Valley, and the Health Research Innovation Facility.
“McElhanney is always looking for how we can amaze our clients, care for our communities, and empower our people,” said Allan Russell, McElhanney president and CEO. “Welcoming BPTEC into our growing team enhances our bridge and structural engineering services in Alberta and will enhance our communities with thoughtful, leading design.”
BPTEC stated that it looks forward to their future as part of the McElhanney team
“At BPTEC, we are all looking forward to joining the McElhanney team,” said Mike Swanson, BPTEC engineering director. “This partnership means expanded services for our clients and communities, and more opportunities for our team to grow their careers with an exceptional company supporting them every step of the way.”
Spring has not yet fully sprung in many parts of Canada, but builders are forging ahead. This month we checked out some furry visitors, enjoyed some lakeside views admired some epic pours.
Orion Construction
Orion Construction‘s team celebrates employee appreciation day from the inside of one of its industrial projects.
Fast + Epp
Ādisōke, the new Ottawa Public Library – Library and Archives Canada joint facility, continues to take shape. The project is targeting Net-Zero Carbon and LEED Gold certification, and includes large-scale use of natural materials, reclaimed wood, solar cells on rooftop panels, as well as sequestered carbon in the concrete.
Metrolinx
A tieback drill rig helps reinforce excavation as crews work on the Ontario Line.
Greg Tymchyna / Fort Modular
The sun hits a project just right as Fort Modular crews prep for a build.
StructureCraft
Glulam frames are lifted up to form the roof of the Fraser Mills Presentation Centre.
WZMH Architects
WZMH staff got a special visit last month. Corporate Canine Therapy brought their fleet of stress-relieving dogs to give employees a mood boost.
TYBO Contracting
B.C.-based TYBO Contracting uses heavy equipment to prep a site.
T & A Rock Works crews operate an excavator-mounted drill rig for work on a home development high above Okanagan Lake.
Chandos
Chandos‘ Ottawa team pours the concrete foundation walls for the future Petrie Island Canoe Club boathouse. Once the foundation walls are complete, they will receive unique precast concrete modules.
Charlton Mosdier / Pomerleau
Crews at Annacis Island Wastewater Treatment Plant have successfully utilized PERI formwork panels to pour the lower section of the Outfall Shaft’s Dividing Wall.
The shot of the month goes to…
Lafarge Canada
Some furry friends pay a visit to Lafarge‘s cement plant in Exshaw, Alberta, the largest cement plant in the country.
Key Takeaways:
Great West Equipment has 11 branches in B.C. and the Yukon.
With the acquisition, Nors’ operation now has a total of 37 branches and more than 750 employees in Canada, covering more than 80% of the Canadian market.
Nors noted that the construction equipment sector is one of its big focus areas in its strategy until 2030.
The Whole Story:
Portuguese-based heavy equipment company Nors Group has entered into an agreement to acquire Canadian forestry and construction equipment dealer Great West Equipment (GWE) for around $150 million.
“We are very proud of the legacy of ‘Service First’ attitude that our incredible team at Great West Equipment has ensured for our many customers,” said Colin Matejka, CEO of Great West. “As part of the Nors Group, we now have access to the resources that will enable us to elevate GWE’s ability to serve the territories in which we work. We remain committed to listening to our customers and growing alongside them.”
The announcement comes three years after Nors entered the Canadian market with the acquisition of Strongco in 2020.
Great West’s team travels to the U.S. for the North America Regional Finals of the Volvo Masters Competition. – Great West
Great West Equipment has 11 branches in B.C. and the Yukon. With its origins in the forestry and construction sectors, Great West has grown to become a major player in all segments of construction equipment, including mining, oil and gas, recycling, waste management, utilities, ports and aggregates.
The company represents leading equipment manufacturers with globally recognized brands including Volvo Construction Equipment, Madill, Metso, Sennebogen, Falcon and others.
With the acquisition, Nors’ operation now has a total of 37 branches and more than 750 employees in Canada, covering more than 80% of the Canadian market.
“We are very excited to welcome Great West Equipment to the Nors family, amplifying our presence in Canada, a market that has proven to be very relevant and strategic for the Group. We believe that Great West Equipment will benefit from the global presence and growth momentum that Nors is experiencing, combined with our 90 years of experience, to improve its performance and promote its future growth,” said Tomás Jervell, group CEO of Nors.
Nors noted that the construction equipment sector is one of its big focus areas in its strategy until 2030, having recently completed an operation in the same sector in the Brazilian market.
The 90-year old company has been one of the Volvo Group’s main partners since 1933. The Group has been a family business since its foundation and is currently present in 17 countries on four continents, such as Portugal, Canada, U.S., Brazil, Angola, Turkey, Spain, Austria, among others. Nors has more than 4,200 employees worldwide and an aggregate turnover of 2.8 billion euros.
Reputation is everything in construction.
While the technology and complexity of work has changed, the value of a strong reputation has remained.
For service provider Stormtec Water Management, reputation has connected it with the nation’s largest contractors, won it work on multi-billion dollar mega projects, grown its workforce to more than 90 and carried it to its 20th anniversary.
“There are thousands and thousands of hours of effort, good days and bad days, that go together to build that reputation. We work as hard as we can to maintain it,” said Chris Jakul, Stormtec’s Director of Regional Operations and a 15-veteran at the company.
Water management services cover a lot, but it essentially comes down to solving any sort of problems water could cause at a construction site while also protecting the environment.
“We extract, move and clean water,” said Jakul. “Our clients are expert builders and expert contractors, but they are not water experts and water can become a huge hindrance to completing work on time and on budget.”
Building trust
Founded in 2003, Stormtec initially focused on filtering water on residential and commercial developments in the Lower Mainland. Over time, they expanded their capabilities to work on contaminated sites and work with cities on infrastructure projects like sanitary sewer system upgrades requiring temporary bypass solutions. Wherever there was opportunity, they flowed.
“We have grown organically over the last 20 years, adding services while we perfected existing ones and hiring people to develop those services,” said Jakul.
They are now fast approaching nearly 2,500 projects under their belt. One of their first big breaks on larger infrastructure work was doing filtration systems for the cut-and-cover portion of the Canada Line Skytrain project in Vancouver.
“That really raised awareness for us at that time,” said Jakul. “Our type of work was in a really new part of construction. It was very new to have to do more than simply just pump muddy water out of the excavation and let it run down the street to need to filter it. That was a new idea. That really set the stage for us.”
With offices in B.C. and Alberta, as well as a growing reputation for tackling challenging work, their footprint grew. Stormtec’s team went on to work on Calgary West LRT, Confederation Line LRT, Kitchener Waterloo LRT, Pointe Du Bois spillway replacement, Ruskin Dam upgrades and even Canada’s largest current project, the Site C Dam.
“It’s pretty hard to drive around Vancouver, Burnaby, Calgary or Richmond without seeing new towers we have worked on. In Calgary, especially since 2009, we’ve done probably 95% of the new high-rise development in the city,” said Jakul. “Everybody at Stormtec is like a little kid when we see a big crane or a dump truck or excavator. We’re all geeks when it comes to construction work, so being able to see our part in that finished product is a source of pride.”
While Stormtec is proud of the size and scope of their projects, they are also proud of their impact on the environment.
“We take our responsibility to return clean water back to the environment very seriously,” said Jakul, fondly recalling the times he has seen water from their projects safely discharged directly back into aquatic habitat.
Massive growth
In 2003, Art Cote established Stormtec in his garage. Over time, the company proved to be very successful and grew to be a leader in the water treatment industry. However, Cote realized that changes were necessary to take the business to the next level. In 2014, he decided to seek the help of a consulting firm, Bellrock Benchmarking. The firm was retained to conduct a comprehensive analysis of the business and identify various areas that needed attention, including the need for new leadership.
After a careful evaluation, it was recommended that Stormtec should hire a new President and CEO to replace Cote. Following this recommendation, the company appointed Leonard Firkus as the new President and CEO in 2015.
“Leonard brought with him a wealth of experience and a fresh perspective to the business. He quickly implemented new strategies to revamp the company’s operations,” said Cote. “Under his leadership, the company has experienced substantial growth and success. This is thanks to his innovative approach to problem-solving and his ability to motivate the team. The company has been thriving ever since the change in leadership, and it continues to grow and expand its operations.”
This is not an easy feat in the water management sector.
“The water management industry is very competitive,” explained Jakul. “There’s a high volume of players and I think being around for 20 years proves that we’ve earned it. You’re not given much and we’ve separated ourselves. It proves the quality of our work.”
Stormtec’s team isn’t ready to slow down. They opened new location on Vancouver Island last year and plant to expand their footprint in the region
“We want to have an Island-based provider giving the same level and quality of service as you get in the larger centers,” said Jakul. “That is really important for us.”
In the coming years, the company’s goal is to triple in size (again), and grow to have permanent operations in more areas.
Being grateful
Reflecting on 20 years, Stormtec’s team plans to use the anniversary as an opportunity to thank its customers and its employees. During the past two decades, some of its biggest customers have been a group that they refer to as the “super generals”. They include PCL, Kiewit, Graham, EllisDon, and Ledcor. Stormtec also noted developers like Centreville, Axiom, Bosa Properties and Embassy also have continued to use their services.
Despite many years spent working alongside these clients, Stormtec never wants to feel entitled.
“We will never stop continuing to earn their trust,” said Jakul. “We don’t believe for a second that all of their work is going to come to us because we deserve it. We work on all of their projects as hard as we can to ensure that they want to use us on the next project. we want them to choose us, not to be forced to use us.”
Jakul also thanked Stormtec’s dozens of employees for working long hours and tackling challenging jobs.
“We ask a lot of our teams during the busiest times of year,” said Jakul. “That’s just part of a cyclical business. That is Construction. During those times they give us everything so it’s not even just thanking them. It’s thanking their families as well for allowing them to put in the hours that are needed.”
The Calgary community of Practice provides a space for local professionals working in the building, construction and renovation industry to share information about emissions-neutral construction.
The effort is a partnership between the Calgary Construction Association, the City of Calgary and Alberta Ecotrust.
The first Communities of Practice event took place Feb. 28.
The Whole Story:
Professionals in Calgary’s building, construction and renovation industries celebrated the launch of a Calgary Community of Practice that enables information sharing on reducing emissions from buildings.
The Calgary Community of Practice, part of Emissions-Neutral Buildings Information Exchange (ENBIX), provides a space for local professionals working in the building, construction and renovation industry to share information about emissions-neutral construction. The effort is a partnership between the Calgary Construction Association (CCA), the City of Calgary and Alberta Ecotrust, who all want to accelerate the transition to an emissions-neutral built environment for new and existing buildings across Alberta.
“The launch of the ENBIX Calgary Community of Practice marks a pivotal moment in our industry’s commitment to high performance buildings, especially in terms of long-term energy consumption and carbon footprint,” said Bill Black, president and CEO, CCA. “By focusing on realistic solutions, and through collaboration and knowledge sharing, the leaders in our construction industry are taking proactive steps to mitigate our carbon footprint and contribute to a greener, cleaner future for Calgary.”
Officials explained that commercial and residential buildings are a major source of greenhouse gas emissions across Canada. In Calgary, buildings account for about two-thirds of the city’s total greenhouse gas (GHG) emissions.
“Our greatest opportunity to see greenhouse gas reductions is through our buildings,” said Calgary Mayor Jyoti Gondek. “ENBIX is an investment in Calgary-made solutions, building capacity and momentum for emissions-neutral construction that will grow over the next several years and beyond.”
Over the next four years, ENBIX will continue to expand the ways in which it shares market research, industry experience and training, including webinars, site visits, technology demonstrations, training sessions and more.
“Collaboration initiatives like the ENBIX Community of Practice will help us go faster towards net zero, together,” said Claire Beckstead, leader of community energy, City of Calgary. “This initiative will help us develop made-in-Calgary solutions to achieve high performance buildings, and will accelerate progress toward our goal of net-zero greenhouse gas emissions by 2050.”
the province is investing $254 million in the design and site preparation phase of the Halifax Infirmary expansion
The expansion will enable services to be relocated from aging facilities.
This phase of construction, which will ready the site for the new tower, is expected to continue throughout 2024.
The Whole Story:
Halifax is one step closer to a major healthcare upgrade.
Nova Scotia announced that site preparation is about to begin for the acute care tower at the QEII Health Sciences Centre’s Halifax Infirmary site.
In early spring, workers will start putting up fencing, begin site excavation and apply for all necessary construction permits. A new emergency department entrance for the public off Bell Road will also be constructed.
The province stated that this work will help pave the way for a modern healthcare building that will include 216 acute care beds, 16 operating rooms, an intensive care unit and a new, larger emergency department.
“This is one of many steps ahead of us, but it is a significant step forward for the largest healthcare construction project ever considered in this province. It will mean better healthcare services for Nova Scotians for generations to come,” said Michelle Thompson, minister responsible for healthcare redevelopment. “Not only will this exceptional facility provide the best care for Nova Scotians, but it will also help us attract and retain the talented healthcare professionals we need to deliver that care.”
This phase of construction, which will ready the site for the new tower, is expected to continue throughout 2024.
As part of this project, the province continues to upgrade the Halifax Infirmary’s Summer Street entrance, which will become the hospital’s main entrance during construction. Work also continues to relocate utilities, as well as to replace and renovate the hospital’s magnetic resonance imaging (MRI) space.
Key Takeaways:
The partnership is 40% Aecon and 60% Pomerleau.
The 12-month development phase includes finalizing the design and estimating schedule and cost for the Contrecœur Terminal Expansion project in-water works.
The scope of in-water works following the development phase includes dredging, the construction of dock infrastructure, quay walls, return walls, and auxiliary works.
The Whole Story:
Contrecoeur Terminal Constructors General Partnership, comprised of Aecon (40%) and Pomerleau (60%), has executed a contract with the Montréal Port Authority (MPA) for the Contrecœur Terminal Expansion project in-water works under a Progressive Design-Build approach.
The collaborative agreement covers a 12-month development phase to finalize the design, estimated schedule and cost of this phase of the project, delivered under a Progressive Design-Build approach. The scope of in-water works following the development phase includes dredging, the construction of dock infrastructure, quay walls, return walls, and auxiliary works.
“The in-water works are an important component of delivering the new Contrecœur terminal – providing increased capacity to the largest container port in Eastern Canada and supporting continued economic growth in Québec and Canada,” said Jean-Louis Servranckx, president and CEO, Aecon Group Inc. “We look forward to bringing our experience working under collaborative delivery models and building complex civil infrastructure to deliver this vital project with our client and partner.”
The Contrecœur terminal is a diversified transshipment centre served by some of the largest shipping lines in the world – connecting to major rail networks and highways and helping to meet the needs of domestic and international importers, exporters and consumers.
“We are proud to be part of the Port of Montreal’s Contrecœur expansion project, which will enable APM to realize its innovative vision for the country’s shipping industry,” said Philippe Adam, president and CEO of Pomerleau. “We applaud the use of the collaborative design-build model, which prioritizes transparency and teamwork between prime contractor and designer, ensuring better planning and risk management. Together, with our partner Aecon and the APM team, we will leverage our know-how and experience in the design and construction of world-class port infrastructures.
This recognition from the Order of Canada is not mine alone. It reflects the collaborative spirit and exceptional talents of my students, past and current, and colleagues I’ve worked with — in academia and the industry, in Canada and globally.
Osama Moselhi
Mark Heffernan has been named principal at O’M Engineering. Heffernan has over 16 years of experience in the industry and began his career as a qualified electrician.
Paul Verhesen, former president and CEO of Clark Builders, has been hired as a strategic advisor for KV Capital. Verhesen brings over 30 years of construction industry leadership to his new role spearheading the expansion of the private equity group into building products acquisitions.
Brent Payne is Marcon’s new vice president of construction. He has 30 years of global experience in civil engineering, transportation, construction management, project and program management.
Being the first female executive director of the Manitoba Building Trades, I hope to bring a diverse perspective towards building upon our history and helping us write the next chapter,” said Palson. “A negative stigma still exists around skilled trades work, and we are facing the largest labour shortages our industry has ever experienced. It’s important to continue and expand our efforts with our community partners, and governments to open the door to the trades for so many Manitobans.
Tanya Palson, executive director, Manitoba Building Trades
Tanya Palson
Dave Pooley has been named chief financial officer of Bridgit. Pooley will oversee Bridgit’s financial strategy and efficiency across the organization.
Josh Teller, also of Orion Construction, has been promoted from site superintendent to general superintendent.
Since Orion’s inception, Josh [Teller] has exemplified excellence. With over 23 years of experience in site supervision, his leadership has been invaluable.
Orion Construction
Jason Davidson is celebrating 20 years at PCL. The HSE manager for the company’s Ottawa district left his career as a paramedic to join the construction sector. He has worked on landmark projects, including the Vancouver Convention Centre Expansion and the BC Place Roof Phase II project.
Jatinder Heer is NorLand’s new chief financial officer. He brings over 20 years of progressive experience in business leadership and corporate governance.
Kristal Kaye has been brought on as chief financial officer for CarbonCure. Kaye brings 25 years of finance expertise across a variety of industries, including mining, energy and retail pharmacy. She is a Chartered Professional Accountant (CPA) who most recently served as CFO for Arctic Canadian Diamond Company.
Kristal’s expertise in financial management and strategic planning will undoubtedly be assets to CarbonCure and our mission, helping us achieve our goals, operate with efficiency at scale and generate even more value for our customers.
Esther Rivard-Sirois has been promoted to principal at Kasian. She has been with the firm for 16 years, starting as an intern architect.
Norm Streu has been hired as associate counsel for Harper Grey LLP. Streu has an extensive history in the construction sector, previously serving as president of Con-Force Structures, executive vice president of NCM development at Nexii and president of LMS Reinforcing Steel Group.
Cameron McPhaden is starting a new position as a senior design manager at EllisDon. As part of the team delivering the New Surrey Hospital and BC Cancer Center project, he has recently been confirmed as the Design-Builder’s Design Manager, a contractual Key Individual.
Under John’s visionary leadership, Keller Construction Ltd. has left an indelible mark on the western Canadian landscape since the 1980s. From intricate visitor centers to major housing developments, his commitment to excellence and innovation has shaped the success of our company.
Keller Construction
Andrew Tashiro, senior principal of properties and buildings at WSP in Canada, is celebrating 34 years at the company.
Andy Tam has been appointed senior vice president of development at Nonni Property Group. Tam has more than 28 years of experience in the sector. He will oversee all development and construction activities.
Ralph Ward has officially retired from Scott Builders. The company said Ward founded the modern version of Scott when he purchased the company in the mid 1980s. He led it for many years as president and CEO. More recently, he worked on the company’s board.
Tanya Justason has been promoted to project accountant at Westridge Construction. Justason initially joined Westridge in October 2023 as the accounting administrator, but the company says her dedication and adaptability led to a swift promotion.
Josh Gallipeau, also of Westridge Construction, is celebrating 10 years at the company. He serves as a journeyperson carpenter and is currently leading the way as the concrete superintendent on the Redbear Avenue Pumping Station & Reservoirs project.
Paul Forgues has been awarded the Lifetime Achievement Award by the Edmonton Construction Association. Starting his career as a draftsman, Forgues worked his way up to become project director at Bird Construction.
Drew Monnier has started a new role as operations manager, infrastructure, in Graham’s Manitoba District.
Alicia Cornford has been promoted to director, brand & engagement at Clark Builders. She has more than 17 years of experience in the AEC industry and serves as the acting board president for the Canadian Society for Marketing Professional Services.
Helen van ter Meij, PCL’s treasury supervisor, is celebrating 40 years with the company.
Derron Bain now holds the title of CEO of Concert Infrastructure. The company stated that the change reflects and aligns with the leadership and practice in the Canadian infrastructure sector. It also reflects the growing scale and scope of the Concert Infrastructure business and team.
Tara Rogers has joined Flatiron as director of preconstruction Canada. Prior to the role, she worked at Deloitte leading capital projects practice in B.C. Tara has almost 25 years of experience in the infrastructure development market and is part of the steering committee for Women in Infrastructure Network (WIN).
Trevor Doucette has joined Synergy Group of Companies as its new senior director of operations. Doucette will work closely with Synergy’s management team to ensure the success of the projects it undertakes and help them continue to grow their footprint across Alberta and Canada.
Kathryn Kennedy has been appointed chief growth officer at online heavy equipment rental company DOZR. Kennedy has held senior leadership positions at large online companies, including Wayfair, Zulily, Amazon, and Expedia.
I am excited to join DOZR at such a pivotal moment in its growth trajectory. The company has already established itself as a leader in the heavy equipment rental space, and I look forward to working with the talented team to unlock new opportunities and drive sustainable growth. Together, we will leverage data-driven strategies and innovative approaches to further enhance the customer experience and solidify DOZR’s position as the preferred choice for heavy equipment rentals.
Kathryn Kennedy, chief growth officer, DOZR
Dave Turnbull is Lark Group‘s new construction safety officer. Turnbull brings over 35 years of experience in the construction industry and he spent more than a decade focused on safety as a CSO/OFA (Level 2).
Simon Green has hired as vice president, major projects west, at Aecon.
Ilana Danzig and Will Watson are the newest principals to join ASPECT Structural Engineers. The firm stated that that Danzig and Watson embody ASPECT’s core values of quality, accountability, drive, diversity, and collaboration, and will act as ambassadors of the firm as it continues to grow.
Jason Nelson has joined Edge Consultants as their new chief executive officer, bringing two decades of experience in the building consulting industry across North America.
Our collaboration with Jason symbolizes a new era for Edge Consultants. Together, we’re committed to enhancing our impact in creating healthier, smarter, and more sustainable buildings.
Eoghan Hayes, principal at Edge Sustainability Consulting
Key Takeaways:
The city is expected to experience 29,100 construction job openings, 6% of total job openings in the coming decade.
Three out of four job openings within the construction industry will result from the need to replace workers over the forecast period.
Some of the reports recommendations include focusing immigration on skilled workers, targeting underrepresented groups, easing job requirements and creating incentives to attract surplus labour from other provinces.
The Whole Story:
Construction is one of five industries that will experience the most job openings in Calgary over the next decade, a new report predicts.
Calgary Economic Region Labour Market Outlook 2024-2033, the city’s first economic regional-level labour market outlook to provide detailed labour market projections has been released. It includes a 10-year assessment of the expected gap between labour demand and supply within the Calgary Economic Region.
The report assesses what is responsible for changes in the demand and supply of jobs and estimates future supply and demand by industry, occupation, and education. After providing a long-term assessment of potential labour market imbalances in the region, the report suggests policy changes to help address the identified labour market imbalances.
“The key takeaway from the Labour Market Outlook is that the Calgary Economic Region is expected to experience dynamic labour market conditions and challenges over the next decade. During the current budget cycle, the CER labour market will experience labour surpluses driven by increases in population and labour supply, but the Outlook also shows that we should anticipate labour shortages in specific occupations in the next budget cycle”, said Carla Male, The city’s chief financial officer.
Zooming in on construction, the sector is expected to experience 29,100 job openings, 6% of total job openings for the next decade.
Key highlights include:
Over the next 10 years, the Calgary Region is expected to offer 479,000 positions to job seekers. Economic growth is expected to drive job openings within the current budget cycle. However, replacing aging workers will be the primary driver of job openings in the long term, as it is estimated that one in every six Calgarians will be at least 65 years or older by 2030.
Hiring challenges that began after the pandemic are expected to ease within the current budget cycle (2023-2026) as the number of job seekers exceeds the number of job openings as net migration reaches record highs. This labour surplus will be driven by the federal government’s plan to attract 985,000 workers (and their families), coupled with Calgary’s relative housing affordability.
The next budget cycle (2027-2030) will see a different trend driven by a shortage in labour supply. The combination of economic expansion as interest rates moderate, coupled with a slowdown in population growth will lead to a slowdown in job seekers and surge in job openings. Without compensating policy actions, some labour market imbalances are expected to re-emerge in key occupations between 2027 and 2030.
Five Industries are expected to account for half of all job openings over the next 10 years: construction; professional, scientific and technical services; health care and social assistance; retail trade, accommodation and food services.
Some industries are forecast to have surplus labour. These include: Auditors,
Accountants, and investment professionals; helpers, labourers (warehouse workers and material handlers); insurance, real estate and financial sales occupations; retail and wholesale trade managers; elementary and kindergarten schoolteachers.
The report’s authors explained that Calgary’s construction industry is currently facing shortages, delaying projects while raising price fluctuation risks. While job vacancies have declined for three consecutive quarters as of Q2 2023, job vacancies remain elevated.
“Construction jobs are still a primary contributing factor to the elevated job vacancies within the region,” they wrote. “Record high net migration and relative affordability have increased demand for housing construction. On the other hand, an aging workforce and a drop in construction trade enrolments have contributed to the slow growth in the supply of construction workers. As a result, close to three out of four job openings within the construction industry will result from the need to replace workers over the forecast period.”
They added that unless policies targets individuals with the skills to work in construction, immigration numbers may not necessarily ease some current and projected shortages.
These were their overall recommendations:
Immigration support and advocacy to attract people with the right skills.
Support for easing regulation and licensing requirements.
Introducing mobility incentives to attract surplus labour from other provinces.
Increased municipal government advocacy for provincial government investment in education and training programs for occupations with acute shortages.
Increasing job market participation by underrepresented groups, especially encouraging youth and women’s participation in the labour force.
Key Takeaways:
Toronto is one of several cities Ontario is awarding funding this month.
Brampton, Brantford and Chatham-Kent also received millions for their progress on housing goals.
The money stems from the province’s Building Faster Fund, a three-year, $1.2 billion program that is designed to encourage municipalities to address the housing supply crisis.
The Whole Story:
It pays to crush your housing goals.
Premier Doug Ford announced Ontario is providing Toronto with $114 million in funding through the Building Faster Fund after the city exceeded its 2023 housing target. Toronto broke ground on a total of 31,656 new housing units last year, unlocking an additional $38 million by exceeding their 2023 target by 51%.
“Toronto has shown it can get it done on housing and we are proud to reward them for their success,” said Premier Doug Ford. “My challenge to Mayor Chow and to every mayor in Ontario is to get even more homes built in the coming years so we can make life more affordable and keep the dream of homeownership alive for families across the province. We’ll be there to support you every step of the way.”
Announced in August 2023, the Building Faster Fund is a three-year, $1.2 billion program that is designed to encourage municipalities to address the housing supply crisis. The fund rewards municipalities that make significant progress against their targets by providing funding for housing-enabling and community-enabling infrastructure. Funding is provided to municipalities that have reached at least 80 per cent of their provincially assigned housing target for the year with increased funding for municipalities that exceed their target.
“It’s harder than ever for people in Toronto to find a home they can afford,” said Mayor Olivia Chow. “We are committed to addressing the housing crisis by building more homes of all kinds, faster. Toronto has an ambitious plan to speed up approval times and build 65,000 rental homes in the coming years. The Building Faster Fund will help us meet and exceed our housing targets and provide the critical infrastructure that creates great neighbourhoods for people to live in.”
In the coming weeks, the province will announce Building Faster Fund rewards for all municipalities that met, exceeded or achieved 80% of their assigned housing targets in 2023. Any unspent funding will be made available for housing-enabling infrastructure to all municipalities, including those that have already received funding as a result of reaching their targets, through an application process. In addition, ten per cent – or $120 million – of the Building Faster Fund is being set aside for small, rural and northern municipalities to help build housing-enabling infrastructure and prioritize projects that speed up the increase of housing supply.
“I applaud the work being done by Toronto and all the other municipalities that have met or exceeded their housing targets,” said Paul Calandra, Minister of Municipal Affairs and Housing. “Our government is committed to building at least 1.5 million homes by 2031 and I look forward to unveiling the next steps in our plan to build more homes with the release of our fifth housing supply action plan next month.”
Other cities that have received funds include:
$25.5 million for Brampton for substantial progress towards meeting its 2023 housing target. Brampton broke ground on a total of 7,028 new housing units last year.
$440,000 for Chatham-Kent after the municipality exceeded its 2023 housing target. Chatham-Kent broke ground on a total of 522 new housing units last year, unlocking an additional $146,667 by exceeding their 2023 target.
$3 million for Brantford for exceeding its 2023 housing target. Brantford broke ground on a total of 788 new housing units last year, unlocking an additional $400,182 by exceeding their 2023 target by 8%.
Canadian food and pharmacy retailer, Loblaw Companies Limited, expects to invest more than $2 billion dollars into the Canadian economy in 2024.
This includes the construction of 40 new stores, expanding or relocating 10 stores and renovating more than 700 others.
The company says the record investment reflects Loblaw’s plans to enhance its store network, create job opportunities, and improve accessibility to affordable food and healthcare services for communities across the country.
The company’s capital investments this year are expected to create more than 7,500 jobs in Canada.
“This year, we are investing where Canadians need it most. We will introduce more than 40 new discount stores and 140 new pharmacy care clinics in communities across the country – making healthcare and affordable food more accessible to more people,” said Per Bank, president and CEO, Loblaw Companies Limited. “These investments in Canada are a catalyst for job growth and the creation of countless opportunities, in our stores, in our company and with the many partners who work with us.”
You wouldn’t step onto a job site with someone you can’t trust.
First West Capital believes the same reasoning applies to financing your construction business. They explained that their team has in-depth knowledge of how the industry operates and are committed to the long-term success of their clients.
Steve Chen, vice president and head of First West Capital, explained that trust is a requirement for the job site and it’s no different for finance.
“You can’t document or put in the legal contracts every nook and cranny, every possibility that comes up, so you have to trust the people that you’re working with will do the right thing right at the end of the day,” said Chen.
A partner that will be there
First West Capital understands the intricacies of construction work and has the risk appetite to finance it. Rather than just being a lender, they want to seek out firms that are looking for someone to help them grow.
“Those that have gone through different financings, or needed financing to finance a larger project or a bigger order, understand that they need a financial partner who will be there throughout all their cycles and changes and that’s what I mean,” said Chen, “Risk appetite means that the money will be there when you need it.”
He explained that this means the First West Capital team will help their partners figure out cash flows and forecasts so they are on solid financial footing. They want to remove uncertainty.
“For the right companies, we are the partner that will make sure that you have that piece figured out so that you don’t need to worry or second guess whether or not that lender will be there,” said Chen. “I think that’s a big thing because, for folks in the sector, they’re good at running their business, they’re good at whatever their expertise is. They know they’re going to make money. It’s just they need that financing help to make money because the dollars are big and the projects get larger and they need somebody there with them.”
Geoff Devereux, a director at First West Capital, recalled that this was the exact reason one of their former clients sought them out. A project had gone sideways, leaving them short of working capital.
“We were able to understand that it was really a one-off kind of Black Swan type of event,” he said. “They have really strong management and we were able to come in to provide some additional financing to right-size their working capital on the back of that and fast forward and they are back in great shape. That’s an example of us putting our money where our mouth is.”
Devereux noted that traditionally in lending there is less appetite for this due to cautionary tales or the niche understanding required for the ebbs and flows of a project-based business. But First West Capital can demonstrate the patience required of a lender or for managers who are doing all the right things.
Finding the right fit
Whether you are looking to buy your first building, finance a project or need extra equipment, First West Capital’s team wants to dig deep into how major financial decisions can help you thrive. The boutique firm of only seven people are specialists that are zeroing in those looking for growth.
“We are here for your ongoing success,” said Chen. “We are looking beyond just the credit metrics to what will benefit the business most in the long term.”
If, in their opinion, the project doesn’t build value, if the margins are too thin, if project risk is high, if overruns seem likely, if the bids are too tight, they will express those views which could help a company think more deeply about a project.
“But sometimes it really makes sense,” said Chen. “It’s a fantastic project, you’re expanding in the right areas. You’ve done all your homework and we want to be there for you to support you financially with that.”
He stressed that above all, they are looking for partners with a growth mindset and who are looking for a financial partner.
“We want people who are looking for advice and are willing to spend the time and money investing in systems and processes that will elevate your business,” said Chen.
Green flags
It also comes down to the right people.
“A key thing for us is character,” said Devereux. “The character of the people we’re working with is paramount, the grit, resilience and hard-working nature of our clients.”
Other “green flags” that First West Capital looks for are a diversity of projects (size, type, location, customer), owners who delegate effectively, companies with strong systems, processes, and procedures, and long-term business planning.
Carmel Tang, operations advisor at First West Capital, noted that once the firm finds a company that’s a good fit, the partnership that’s formed is unique.
“What makes us really special and really unique is how much we work with our clients,” she said. “Working with First West Capital means you have a partner who will be responsive and understanding. I am Just so proud of the level of service and communication that we give to our clients. It really is a working relationship to try to make them as successful and I think that’s what really truly sets us apart.”
Connect with the team to see if First West Capital might be a good fit to achieve your growth goals. Here’s how to get in touch:
The new hospital campus is being designed and built through a progressive public-private partnership (P3) approach.
The new hospital will be home to one of Canada’s largest and most modern trauma centres, and will also provide advanced clinical care and education spaces.
The hospital is the largest-ever healthcare infrastructure project in Ottawa’s history, measuring over 2 million square feet.
After further discussions, the team plans to enter a fixed-price Project Agreement to design, build, finance, and maintain the project.
The Whole Story:
PCL/ED Joint Venture partners have signed a Development Phase Agreement (DPA) with Infrastructure Ontario (IO) and The Ottawa Hospital (TOH) to build a new state-of-the-art hospital in Ottawa.
“The Ottawa Hospital Build Partners are proud to be invited to work with TOH and IO on such an incredibly important healthcare project in the National Capital Region,” said Bruce Sonnenberg, regional vice-president of PCL Constructors Inc. “We’re looking forward to leveraging our experience and innovation to help TOH not only provide cutting-edge medical care for generations to come, but to do so in a way that is both sustainable and accessible to all members of our Ottawa community.”
The new hospital campus is being designed and built through a progressive public-private partnership (P3) approach, designed to foster collaborative development with all partners.
“We are proud to have reached this significant milestone that will advance critical work for The Ottawa Hospital’s new campus,” said Wayne Ferguson, Senior Vice President & Ottawa Area Manager, EllisDon. “We are passionate about building with a purpose and look forward to working with our partners to deliver a health care facility that is innovative, welcoming, and makes a lasting, positive change for Ottawa and surrounding communities.”
The Ottawa Hospital Build Partners stated they plan to continue to work collaboratively with TOH, IO, and the Ministry of Health to finalize the design, pricing, schedule, risk parameters, and project requirements for the new hospital. Once those requirements have been met, the partners will enter a fixed-price Project Agreement with TOH to design, build, finance, and maintain the project.
The new hospital will be home to one of Canada’s largest and most modern trauma centres, and will also provide advanced clinical care and education spaces. The hospital is the largest-ever healthcare infrastructure project in Ottawa’s history, measuring over 2 million square feet.
Construction is so much more than hammers, 2x4s and hard hats. Buildings are getting bigger and more complex. At the same time, the demand for projects to have better environmental and cultural outcomes is increasing. This requires more specialized roles. We have compiled a list of some classic construction careers alongside some emerging new ones that are sure to pique your interest.
And if you are looking a new career in construction or want to change roles, check out SiteJobs which features some of the best, high-level positions the industry has to offer.
Drone pilot
Most people pay for the privilege to play with drones. These workers make their living doing it. Contractors mostly use drones for photography. According to PCL, Aerial site photos and videos can help streamline inspections and site mapping, which helps construction companies identify problems on-site, track construction progress, assist with digital mapping and more. This can massively reduce costs for clients. On a recent SaskPower project in Regina, Saskatchewan, drones helped PCL cut initial inspection costs by 80%. The company also has a drone pilot named Mathew Hawkeye, which just sounds too perfect.
BIM/VDC manager
If you like building and exploring the digital world of video games, this might be the field for you. BIM is an architect’s superpower, allowing them to create virtual replicas of structures before a single brick is laid. It’s a digital playground where engineers, architects, and builders collaborate in real-time, making the construction process more efficient and reducing errors. And tools like drones, artificial intelligence, the Internet of Things and more are likely to make the world of digital buildings have an even more profound impact on the construction process and the entire lifespan of a structure. Who knows? Maybe in the coming years we will even be exploring digital building models with VR goggles on.
Building conservation
Crews prepare to store historic stone pieces as part of the Centre Block restoration project. – Government of Canada
As Canada continues its quest to reduce the environmental impact of buildings, upgrading our aging structures will become more and more critical. Algonquin College announced plans to launch a new program at its Perth campus that aims to produce a new generation of “carpenter-philosophers”. The program, the first of its kind in Canada, grants building conservation students an applied science degree. Students will learn about traditional building methods such as timber framing and log construction, as well as technical writing for reports and grant proposals.
Biologist/environmental consultant
A snake experts offers their assistance at a TC Energy site. – TC Energy
Construction and critters often don’t mix, so experts have to help make sure their homes and habitats are disrupted as little as possible. This means carefully studying the potential impacts of proposed projects and coming up with mitigation plans. Sometimes this means rescuing hibernating snakes, helping craft wildlife bridges and scheduling work around bird nesting habits. TC Energy, for example, has full-time biologists that monitored snake activity in Southern Alberta.
Ironworker
Indigenous female ironworkers with Local 725 in Calgary recreate iconic “Lunch atop a Skyscraper”. – Ironworkers Local 725
This is probably the most iconic job in construction. It conjures the image of a worker in overalls and a hard hat expertly navigating giant steel beams high above some busy street. But there’s more to the job than that. Ironworkers do structural, reinforcing, ornamental and even fabricating work. They have a hand in shaping our biggest city’s skylines and even the small details on a metal staircase. You also get to stand atop some of the most iconic structures in the nation as they are going up. Wages range from $27 to $46 an hour.
Cyber security
Because of remotely accessible systems, construction is particularly vulnerable to cyber attacks. Common types of cyberattacks in the industry include installing ransomware, data theft and fraudulent wire transfers. Some of the biggest builders in the nation have fallen victim, costing the sector millions. Recent years have seem the industry begin to harden their defences, including hiring penetration testers or a “red teams” to attack companies to find their vulnerabilities. EllisDon has a dedicated Cybersecurity team that oversees and orchestrates digital security probes its networks for vulnerabilities, educates and protects employees and subcontractors, and vets all digital platforms, employee devices, and third-party software. If you enjoy the cat and mouse game of trying to outsmart digital attacks, this could be the role for you.
Heavy equipment operator
Remember playing in the sandbox with your Tonka trucks? Imagine doing that but way bigger and you get paid. Heavy equipment operators are experts at using backhoes, bulldozers, loaders and graders to excavate, move, load and grade earth, rock, gravel or other materials during construction and related activities. Depending on the province and your level of experience, these workers can make as much as $45-$57 an hour.
Archeologist
This is one of hundreds of fossils unearthed during excavation work for cables and piping in Edmonton, Alta. – Chandos
You probably won’t be dodging traps like Indiana Jones, but you will get to connect with the past, ensure that cultural sites are respected and make historical discoveries. These experts are often called in to assess a site to determine if it’s likely that ancient remains or artifacts might be found and determine the correct actions to take if they are. For example, Last year when a construction crew began to dig beneath the asphalt of a Hydro-Québec parking lot in downtown Montreal weeks ago they found a stone house with a wood floor dating back to sometime between 1801 and 1825.
Key Takeaways:
The development phase is anticipated to take up to 20 months.
Once the development phase has concluded, Metrolinx will have the option to sign a final target-price agreement with TGP, which would include final agreements on detailed designs and a negotiated price.
The scope of work includes three km of an elevated guideway, five elevated stations, one emergency exit building, interface with the operations and maintenance storage facility as well as with the Eglinton Crosstown LRT Line 5 and sections of existing Metrolinx-owned rail corridor.
The Whole Story:
Infrastructure Ontario and Metrolinx have selected Trillium Guideway Partners (TGP) to deliver the Ontario Line Elevated Guideway and Stations contract. The team has signed a Development and Master Construction Agreement (DMCA) with Metrolinx, under a progressive design-build contract.
Construction Team: Acciona Infrastructure Canada Inc. and Amico Major Projects Inc.
The team was selected following an evaluation of proposals submitted in September 2023.
The DMCA incorporates a multi-stage design process called a development phase, according to the progressive design-build model. Officials say this phase allows for a collaborative approach between Metrolinx as the project owner and TGP as the contracting partner, who work together to finalize the scope, risk allocation and pricing of various elements of this contract.
A rendering shows one of the Ontario Line’s elevated guideways. – Metrolinx
The development phase is anticipated to take up to 20 months, though early works construction can commence during this phase. Once the development phase has concluded, Metrolinx will have the option to sign a final target-price agreement with TGP, which would include final agreements on detailed designs and a negotiated price.
The scope of work includes three kilometres of an elevated guideway (bridge structures); five elevated stations (Riverside-Leslieville, Gerrard, Thorncliffe Park, Flemingdon Park, Science Centre), one emergency exit building, interface with the operations and maintenance storage facility as well as with the Eglinton Crosstown LRT Line 5 and sections of existing Metrolinx-owned rail corridor where Ontario Line trains will operate.
The Ontario Line project is being delivered through various public-private partnership (P3), progressive design-build and traditional procurement contracts.
Key Takeaways:
France-based Technip Energies’ solution will be Powered by the Shell CANSOLV CO2 capture system.
The plant will eventually capture and store an estimated 1 million metric tons of carbon dioxide each year.
Heidelberg Materials anticipates carbon capture will begin in late 2026.
The Whole Story:
France-based Technip Energies has been awarded a front-end engineering and design (FEED) contract for the carbon capture technology for Heidelberg Materials’ Edmonton carbon capture utilization and storage (CCUS) project.
The project is expected to be the first full-scale application of CCUS in the cement sector.
Powered by the Shell CANSOLV CO2 capture system, the Technip Energies solution which will be the basis of the FEED study, is based on regenerable amine technology.
“We are excited to take this latest step in our journey to produce the world’s first net-zero cement,” said Joerg Nixdorf, vice president cement operations, Northwest Region for Heidelberg Materials North America. “With each milestone we come closer to realizing our vision of leading the decarbonization of the cement industry.”
Heidelberg Materials North America says it will be commissioning the world’s first net-zero cement plant at its Edmonton location by adding CCUS technology to the facility. The plant will eventually capture and store an estimated 1 million metric tons of carbon dioxide each year, which is the equivalent of taking 300,000 cars off the road annually. Subject to finalization of federal and provincial funding agreements, the company anticipates carbon capture to begin in late 2026.
“We are pleased to have been selected by Heidelberg Materials North America to provide the FEED of this groundbreaking project in Canada,” said Christophe Malaurie, SVP decarbonization solutions for Technip Energies. “Leveraging our carbon capture solution powered by the Shell CANSOLV CO2 capture system, we are committed to supporting the decarbonization of the cement industry and Heidelberg towards the production of net-zero cement.”
Key Takeaways:
Ottawa is contributing $2 billion to BC Builds, a new initiative from the Province of B.C. to build more affordable housing.
With the federal financing in place, it is anticipated a minimum of between 8,000 and 10,000 homes for people with middle incomes will initially be built over the first five years of the program.
The province also announced BC Builds’ fourth site, owned by the City of Vancouver, located at 560 Davie St. and 1210 Seymour St.
The Whole Story:
BC Builds, a recently launched initiative by the Province of B.C., is set to receive a boost with an extra $2 billion in funding from the federal government. This additional financing aims to support the initiative in constructing a substantial number of affordable homes for individuals with middle incomes residing and working in British Columbia.
“All levels of government need to work together to solve the housing crisis,” said Premier David Eby. “With the federal government’s contribution and partnership toward BC Builds, we can help build more homes people can actually afford. That’s good news for our economy and for our future, but most importantly it’s good news for British Columbians looking for a decent place to live.”
BC Builds was launched earlier this month. It’s an initiative delivered through BC Housing that leverages government, community and non-profit owned and under-used land to speed up the delivery of housing and help bring costs more in line with what middle-income households earn. All BC Builds projects have a target of middle-income households spending no more than 30% of their income on rent.
“Canada needs more homes that the middle class can afford. That’s what today’s historic partnership with British Columbia is all about,” said Prime Minister Justin Trudeau. “Our investment, through the BC Builds Program, will use public land to create more affordable housing, bring down the cost of construction and ensure that we build more homes faster so that Canadians – from teachers, to nurses, to construction workers – can afford to stay in the communities where they work.”
In addition to the $2-billion financing from the Government of Canada, BC Builds is supported through an investment of $950 million from the Province to ensure units are available at below-market rates, as well as $2 billion in provincial low-cost construction financing. The BC Builds team will help streamline approvals for projects seeking federal financing to meet the 12-18-month concept-to-construction BC Builds timeline.
BC Builds has established 20 initial sites through partnerships with local governments, First Nations and non-profit organizations to support the development of housing for middle-income households throughout the province.
With the federal financing in place and through the 20 initial BC Builds sites, it is anticipated a minimum of between 8,000 and 10,000 homes for people with middle incomes will initially be built over the first five years of the program. The total number of units is expected to grow as more partners and land are secured.
“Teachers, nurses, construction workers and other middle-income people need more housing options in B.C., and with several BC Builds sites identified and dozens of interested partners, we are well on our way to getting the additional housing they need built,” said Ravi Kahlon, Minister of Housing. “We are in a housing crisis that requires support from all levels of government. BC Builds will ensure that middle-income housing will get built faster and more in line with what households earn.”
The province also announced BC Builds’ fourth site, owned by the City of Vancouver, located at 560 Davie St. and 1210 Seymour St. The site will include:
A nine-storey concrete building with 112 new co-operative homes for middle-income households in Vancouver.
A minimum of 20% of units must rent at 20% below market, with a goal of delivering even more units at below-market rates.
The building will be located at the corner of Davie and Seymour streets, the last underdeveloped parcel of land in Yaletown. A premium location in downtown Vancouver, the 112 new co-op homes will be located across from Emery Barnes Park near several bus routes.
The mixed-use proposed project will include co-op homes of studios, one-, two-, and three-bedroom suites, and will be safe, secure and permanently affordable. The building will be designed to “passive house” standards, which have high energy efficiency.
Construction is expected to begin in summer 2024.
“Middle-income earners are the economic engine of our city. It’s beneficial to all Vancouverites that they have a place to call home in the city where they work,” said Ken Sim, mayor of Vancouver. “The $2-billion of additional funding from the federal government will allow more affordable homes in our city to be built faster and signals that through the partnership of all levels of government, we can tackle the housing crisis.”
The site is in addition to three sites announced on Feb. 13, 2024, comprising more than 400 housing units in the Cowichan Valley, Gibsons and North Vancouver.
