Articles from Construct Connect Canada

Proment Corporation has started construction on the Evolo FLEX tower, a $150 million rental project in Montreal's Pointe-Nord eco-neighbourhood. This development is the last phase of a major project along the St. Lawrence River and is one of the few areas in Canada with a LEED Neighbourhood Development Gold certification. The tower will be 26 storeys high.

The steel industry in Canada, facing challenges such as zero-profit projects and canceled contracts, is looking towards potential Buy Canadian provisions in the upcoming federal budget for relief. These provisions, while offering some protection, are not expected to fully counteract the impact of U.S. tariffs. Industry stakeholders hope that these budget initiatives will bring some stability to ongoing projects. However, the broader issues of tariffs and market volatility remain significant hurdles.

Aecon and Pomerleau, as part of the Contrecoeur Terminal Constructors General Partnership, have achieved financial close on a design-build contract with the Montreal Port Authority. This project involves the in-water works expansion of the Port of Montreal at Contrecoeur, Quebec. Aecon holds a 40 percent stake in this partnership, while Pomerleau has a 60 percent share.

MONTONI and the Fonds immobilier de solidarité FTQ have initiated the Écoparc Laval 15 project with a groundbreaking ceremony. The project involves a $325 million investment to build an industrial campus comprising five buildings covering 1.06 million square feet. It is strategically located at the intersection of highways 15 and 440 in Laval, Quebec.

The Montreal Port Authority plans to start preparatory work this fall for its expansion project in Contrecœur, Quebec. The project is awaiting authorization from Fisheries and Oceans Canada due to the presence of the endangered copper redhorse fish in the area. Prime Minister Mark Carney is involved in the decision-making process regarding this development.

Senior federal officials expressed interest in a proposed liquefied natural gas (LNG) facility in Quebec, considering it could export large volumes of LNG to Europe. This information was revealed in a federal briefing note following Marinvest Energy Canada's request for a meeting. The project has the backing of a Norwegian energy firm and is positioned to play a strategic role in energy exports.

Montreal has announced a new housing fund aimed at creating 6,300 non-market housing units over the next decade. This initiative includes a $2-million funding package distributed to four groups involved in developing below-market housing. The Old Mission Brewery, a homeless shelter, will receive $400,000, enabling it to nearly double its current housing capacity for the homeless. This is part of the city's effort to address affordable housing needs.

Harden, a real estate development company, in partnership with Crombie, has commenced construction on Faubourg Contrecœur, a new commercial development located in Mercier–Hochelaga-Maisonneuve, Quebec. The site, covering 240,000 square feet, will offer over 52,000 square feet of Gross Leasable Area. The project is set to include green spaces and bicycle-friendly amenities.

The Canadian federal government plans to commence construction on a high-speed rail line between Toronto and Montreal within four years. Canada-U.S. Trade Minister Dominic LeBlanc announced the formation of a new major projects office aimed at expediting engineering and regulatory processes for the Alto high-speed rail line. This initiative reflects the government’s commitment to enhancing infrastructure and connectivity in Canada.

The first housing project in Montreal's Bridge-Bonaventure district will consist of two towers and be executed in two phases. The initial phase, managed by Broccolini, will feature a 20-storey high-rise, providing 376 non-market units with various apartment sizes. This development aims to introduce nearly 800 units to the area, marking a significant residential project in the district.

ADF Group Inc., a steel structure company based in Terrebonne, Quebec, has reached an agreement to acquire Groupe LAR Inc. for $19 million in a combination of cash and shares. Groupe LAR, established in 1942, specializes in the design, manufacture, and installation of mechanically welded steel structures, particularly for the hydroelectricity market. This acquisition will likely bolster ADF Group's offerings in the industrial steel structure sector, particularly within the energy infrastructure area.

The Quebec government has filed a motion in Quebec Superior Court to have the North American branch of Swedish battery manufacturer Northvolt declared insolvent. This move is part of the province's efforts to recover some of the more than $260 million it has lost in a failed electric-vehicle battery project. The motion underlines the financial difficulties faced by the company and its significant debts. This legal action reflects Quebec's strategy to address its financial exposure related to Northvolt's operations.