Latest Construction News Dernières nouvelles de la construction

Rodatherm Energy Corporation, a geothermal company from Alberta, secured a USD 38 million Series A investment from TDK Ventures to develop its closed-loop geothermal system (AGS) in the United States. This innovative system does not require drilling into hot rocks, using water, or emitting emissions, positioning it as a clean and efficient energy source. The AGS system uses a pressurized, isolated fluid to transfer heat, thereby offering an alternative to traditional geothermal energy methods. With this funding, Rodatherm plans to build its first pilot system in Utah, aiming to prove the system's cost-efficiency and performance.

Prime Minister Mark Carney has unveiled five major national interest projects to boost the Canadian economy by removing regulatory and environmental barriers. Although no pipeline is currently included, these strategic projects feature micro-reactors in Ontario and an LNG terminal in Alberta. This pragmatic approach aims to balance economic development with climate goals, despite ongoing issues such as First Nations consultations. Alberta Premier Danielle Smith is optimistic about the prospects for expanding energy infrastructure.

CIMA+, based in Quebec, and Keywest Projects from Calgary have formed a strategic partnership focusing on sustainable energy projects in Western Canada. The partnership integrates CIMA+'s engineering capabilities in various fields with Keywest's experience in energy-sector projects. This collaboration aims to address the evolving needs of the energy sector, with a focus on innovation and efficiency for clients. The partnership was effective since July and officially announced in late August.

Canadian construction industry leaders are enthusiastic about Prime Minister Mark Carney's announcement of the first five major projects on a fast-track government list. The news was shared in Alberta, where he revealed the initiation of Phase II of LNG Canada. While there is optimism, industry officials also emphasize the importance of prioritizing specific elements within these projects. This development is seen as a significant step for the national construction sector.

The Canada Infrastructure Bank is financing a $100 million loan to Cando Rail & Terminals for the expansion of the Sturgeon Terminal in Alberta's Industrial Heartland. This project, expected to be completed by late 2026, will double the terminal's capacity by adding 3,700 new railcar storage and staging spaces. It will create up to 50 local jobs and boost the region's GDP by more than $22 million annually. The expansion will enhance Western Canada's supply chain by improving market access through connections to major ports.

The town of Calmar has begun construction on its first apartment building in 50 years, spurred by an influx of people moving there. This trend is attributed to the province's overall population growth and the high cost of living in areas like Edmonton, which are pushing residents to seek more affordable housing in rural communities. The project highlights the shifting dynamics in residential preferences as people prioritize more economical living options.

The Canada Infrastructure Bank has closed a $100 million financial deal with Cando Rail & Terminals to expand the Sturgeon Terminal in Alberta's Industrial Heartland. This expansion will double the terminal's capacity, providing additional railcar storage and staging spaces to support the transportation of goods for both domestic and global markets. The project is expected to create 50 new full-time jobs and contribute $22.3 million annually to the region's GDP. Construction has begun with operations slated to start in late 2026.

Prime Minister Mark Carney is set to announce the first significant industrial projects under Bill C-5, aimed at reducing Canada’s economic dependence on the U.S. The announcement will occur Thursday as part of discussions at a Liberal caucus retreat in Edmonton. Carney's initiative is part of a larger governmental effort to diversify Canada’s economic engagements.

Veterans’ House Canada is launching a new supportive housing project in Edmonton's Athlone neighborhood, which will provide 40 permanent homes for homeless veterans. This is the organization's second project, following a successful initiative in Ottawa, and it is backed by various government levels, private, and corporate donors. The project aims to offer affordable permanent housing coupled with necessary support services to address challenges like mental health, and community reintegration. The project signifies collective efforts in creating affordable housing solutions for veterans in need.

In west Edmonton, the commute to school is complicated by ongoing construction projects. Part of 87 Avenue is blocked due to LRT development and 95 Avenue is disrupted for road rehabilitation. These projects make travel difficult for students in the area.

The federal government is investing $4.5 million through the Affordable Housing Fund to build supportive housing for homeless veterans in Edmonton. The project, located in the Athlone neighborhood, will feature 40 bachelor units with amenities like a fitness room and community garden. Veterans' House Canada, a national charity, will oversee the project, which aims to provide stable homes and tailored support services for veterans. The initiative highlights collaboration between the government and non-profit sectors to address affordable housing needs.

The federal Major Projects Office (MPO) is set to open in Calgary, a decision welcomed by construction stakeholders as a positive move. However, there's cautious optimism due to previous experiences with federal policies in Western Canada. This initiative is intended to expedite major project approvals. Despite support, there is skepticism among stakeholders about the potential effectiveness of this strategy.