Cadillac Fairview Partners with MGM Resorts to Pursue Toronto Casino
Cadillac Fairview and MGM agree to a 50/50 joint venture for Greater Toronto casino/resort development
Sectors - Construction
Toronto's Real Estate Boom Sparks Opportunity and Fear
Analysts fear a hard crash for the Toronto condo bubble, citing similarities to U.S. housing bubble of 2008
Canadian Homes of the Future: An Energy Efficient Focus
Architects, builders and energy experts call the goal 'net zero'. It represents a building that has been constructed in such an energy-efficient way--with methods and materials--it is able to produce, on site, as much energy as it uses over the course of a year.
Concrete Walls Equal Canadian Success
The Canadian Nudura system of pre-assembled, insulated concrete forms (ICFs) is a true win-win-win
SNC-Lavalin Faces $1.5 B Lawsuit from Investors
Lawsuit accuses SNC of committing securities violations and releasing misleading financial statements, especially in regards to its Gaddafi ties
SNC-Lavalin Awarded New Contract with AltaLink
Despite executive scandal woes, SNC-Lavalin still winning competitive contracts
SNC-Lavalin Headquarters Searched by the RCMP
SNC-Lavalin has confirmed a raid by the RCMP and announces its full cooperation
SNC-Lavalin CEO Resigns after Investigation
SNC-Lavalin's voluntary independent review finds unauthorized payments totalling $56 million USD
Ryerson Announces New Residence Construction
Partnering with Toronto firms in public private partnership, Ryerson plans for new dorm in downtown Toronto
Vancouver Flight Passengers To See Rate Hike in May
Vancouver airport increases airport improvement fee by $5 per passenger in an effort to stay competitive
Calgary Luxury Condo Sells at a Record $8.3 Million
Calgary luxury development The River sees sale of most expensive condo ever in the city
City Council Approves Tunnel to Toronto Airport
In an agreement with the Toronto Port Authority, the Toronto City Council authorized tunnel project
'Oakleigh' Mansion in Hudson Sold for $3.4 Million
Luxury real estate at its finest, the mansion located in Hudson, Quebec attracted 23 bidders
CN Tower Unveils New Extreme Tourist Attraction
Debuting Summer 2011, EdgeWalk at the CN Tower has visitors hanging by a thread
CREA Reports Canadian Housing Market Jump
Canadian real estate did well in the first quarter due to Vancouver and Toronto
The Harry Winston Opus Eleven Luxury Watch
A complicated piece of mechanics, the Opus Eleven is an outstanding timepiece
Google Offers New Services for Computers and Mobiles
This week Google released new Chrome web browser, traffic updated directions, and Instant Previews.
Canada Banks Resist TSXE-LSE Merger..
Today’s hearing in Ontario on the proposed TMX Group Inc.-London Stock Exchange Group PLC is the latest conversation between the conflicting interests of banks and industries.
SNC-Lavalin Joint Venture Wins New Zealand Construction Contract
SNC-Lavalin announced that the McConnell Dowell/SNC-Lavalin/Parsons Brinkerhoff joint venture was awarded the engineering, procurement, construction (EPC) contract for the construction of the 166 MW Te Mihi geothermal project in New Zealand.
Contact Energy of Wellington, New Zealand awarded the contract.
SNC-Lavalin's Alberta Presence Grows with AltaLink Deal
One of the leading engineering and construction groups in the world is getting a little bigger.
Companies Planning IPOs That You Should Invest In
An IPO is the quintessential investment opportunity to capitalize on the ‘Buy low, sell high’ mantra.
Any investor, broker or third-grader at Toys-R-Us will tell you that identifying sound investments in today’s volatile market is about as easy as configuring Facebook privacy settings.
Aecon Stock Plummets on Report of a $56 to $58 Million Loss
Aecon announced a major financial blow in regards to its Industrial division.
Aecon pegged projected losses in the $56 to $58 million range as a result of Suncor’s decision to take a more active role in its Firebag III Central Plant Facilities (CPF) project.
Ontario Realty Corporation Merger on the Horizon
Ontario Realty Corporation, which manages one of Canada’s largest real estate portfolios, will merge with Infrastructure Ontario, should the McGuinty Government’s newly proposed legislation pass.
$200.4M Markham Stouffville Hospital Project Breaks Ground
A groundbreaking ceremony commenced construction of the $200.4 million Markham Stouffville Hospital redevelopment project, which will create 300 temporary construction jobs and add an additional 875 staff and 60 permanent p
Toronto B-Class Office Space a Bargain Deal for COOs
Every business is looking for ways to trim budgets and cut costs in today’s environment. While Execs scour expense reports line by line for wasteful spending and other inefficiencies, chances are they are overlooking the biggest overhead cost to operations: office space.
SNC-Lavalin Awarded Saudi Arabian Copper Mine Contract
Montreal’s SNC-Lavalin said this week that it has been
Condo Sales Up Sharply Across Ontario and Nova Scotia
Condos are now the preferred first step to homeownership.
SNC-Lavalin Inks $587M Hydroelectric Deal as TransAxio Yanks IPO
TransAxio Highway Concession Inc. yanked its planned IPO off the table, citing adverse market conditions.
Project Labor Agreement Struck in Keystone XL Expansion
TransCanada Corporation announced a Project Labor Agreement for a significant portion of U.S. construction of the proposed US$7 billion Keystone Gulf Coast Expansion Pipeline Project (Keystone XL).
Health Services Centre at 19 Wing Comox Modernized
Government of Canada defence infrastructure projects will help modernize facilities at 19 Wing Comox, including a new health services centre and work on existing facilities.
Review Alert: Best Business Laptops of 2010 Revealed
Facial recognition software. Finger-print identification security features. The ability to wirelessly transfer photos from a camera to an electronic notebook. Laptops have come a long way since the MS-DOS days. There’s no need to gig out. Business Review Canada’s tech experts were back at it again this month.
Design Firm Stantec Secures Long-term Financing
Stantec has reached an agreement to increase the limit of its existing revolving credit facility from C$300 million to C$350 million and extend the maturity date to August 2013.
Torontonians Mulling Move Away from City Centre
(Editor's Note: The information contained in this article is sourced from a survey conducted by a non-independent firm.)
Millions in Housing Infrastructure Loans Approved
The Government of Canada approved 42 low-cost infrastructure loans for more than $192 million to 11 different municipalities throughout the Province of Ontario as part of Canada's Economic Action Plan.
5 IT System Outsourcing Trends Headed for the Clouds
Cloud computing trends shift as quickly as the wind in today’s highly competitive information technology industry. Staying informed of the latest developments can significantly reduce data infrastructure maintenance costs and, therefore, free up specialists’ time for innovation.
Belvedere restarts production at Hitura nickel mine
Belvedere Resources Limited, a Canadian-incorporated mining company focused on gold, copper, nickel and cobalt in Finland, announced the restart of its 100 percent owned Hitura nickel mine in Finland. First concentrate has been produced ahead of the rescheduled start...
Ontario Power Authority, Enbridge Energy Incentives
The Ontario Power Authority, in partnership with Enbridge Gas Distribution, encourages business to take advantage of available energy efficiency incentives before the October 31, 2010 expiration date.
World's First Nanocrystalline Cellulose Plant Planned
A joint venture between FPInnovations and Domtar will be responsible for building the first nanocrystalline cellulose (NCC) pilot plant in the world at the Domtar pulp and paper plant in Windsor.
RONA: Construction of $20M St. John's Store Seeks LEED
The construction of the new $20 million, 68,000-square-foot RONA store in St. John's seeks to receive LEED certification (Leadership in Energy and Environmental Design).
GDI Acquires Assets of Cascadian Building Maintenance
Distinction Group Inc., otherwise known as GDI, acquired assets of Cascadian Building Maintenance Ltd through its subsidiary Omni Facility Services Canada Limited.
Xstrata Zinc Canada: Bracemac-McLeod Mine Construction
Xstrata Zinc Canada announces construction of the new Bracemac-McLeod Mine.
TYAM Group Purchases Western Versatile Construction
The TYAM Group expands its operations with the acquisition of Western Versatile Construction Corporation (WVCC).
Amherstburg Solar Park Acquired by Macquarie Power
Macquarie Power and Infrastructure Income Fund agreed to acquire a 20-megawatt solar photovoltaic power project, the Amherstburg Solar Park from SunPower Corp in Amherstburg, Ontario. The Amherstburg Solar Park will be designed, built and operated by SunPower on behalf of MPT.
Paramount Energy Trust: Natural Gas Facility Proceeds
Paramount Energy Trust announces its wholly-owned subsidiary Warwick Gas Storage Inc. will proceed with the development and commercial operation of its natural gas storage facility in the Warwick area near Vegreville, Alberta. Including all drilling and testing, land, facilities...
Canada Mortgage and Housing: Renovation Spending Up
Canada Mortgage and Housing Corporation released the Renovation and Home Purchase Survey revealed an estimated 2.1 million households in 10 major surveyed centres indicated they completed renovations last year with an average cost of renovations at approximately $12,100 with similar intentions to do the same in 2010.
GO-Metrolinx Awards Contract to AECOM for Expansion
Greater Toronto area public transportation agency GO-Metrolinx awarded a $4.1 million contract to AECOM for the Strachan Grade Separation project in Toronto. AECOM will provide detailed design, as well as serve as the engineer-of-record for the project.
Thunder Bay New Home Market to Grow in 2010 and Beyond
Canada Mortgage and Housing Corporation predicts a 27 per cent increase in Thunder Bay’s new home activity for 2010, the company reported in its Spring Housing Market Outlook.
