Construction Forecasts

News & Analysis

Top 10 and trend graph-April 2011

05/06/2011 by Alex Carrick, RCD Canadian Chief Economist

The accompanying table records the 10 largest construction project starts in Canada in April 2011. Also included is the latest trend graph on starts. This looks at 12-month moving totals of the two major non-residential building categories in Canada − total ICI starts and engineering work. ICI stands for industrial, commercial and institutional.

There are several reasons for highlighting upcoming large projects. Such jobs have often received a fair amount of media coverage. Therefore, people in the industry are on the lookout for when job-site work actually gets underway. And, as showcase projects, they highlight geographically where major construction projects are proceeding.

Also, total construction activity is comprised of many small and medium-sized projects and a limited number of large developments. But the largest projects, simply by their nature, can dramatically affect total dollar and square footage volumes. In other words, the timing and size of these projects have an exaggerated influence on market forecasts.

Top 10 projects of the month - April 2011
REGION
(East to
West)
TYPE OF
CONSTRUCTION
DESCRIPTION Sq. Ft.
000s
Dollars
000,000s
Quebec  
La Côte-de-Beaupré Engineering Parc éolien La Seigneurie de Beaupré * $800
(electric power wind farm)
Boralex Inc.
         
Rivière-au-Tonnerre Engineering Centrale sur rivière Sheldrake * $75
(hydroelectric power project)
Groupe Axor Ingénierie - Construction Inc.
         
Ontario  
Hamilton Institutional Centre for Mountain Health Services Hospital 797 $300
(2 storeys; 202 units; 2 structures), 100 West Street,
will be LEED Certified
St. Joseph's Healthcare
         
Toronto Residential West Village Condominium Apartment Building, Phase One 870 $106
(30 storeys; 600 units; 1 structure), 2-6 Eva Road,
will be LEED Certified
Tridel Corporation
 
Toronto Residential Ultra at Heron's Hills Condominium Apartment Building, Phase Three 572 $69
(30 storeys; 336 units; 1 structure), 2045 Sheppard Avenue East
Monarch Corporation
         
Scarborough Residential Ventus, Metro Gate Community, Tower Two, Phase Two 378 $45
(30 storeys; 272 units; 1 structure), Kennedy Road and Highway 401
Tridel Corporation
         
Alberta
Edmonton Engineering North Light Rapid Transit Extension * $600
City of Edmonton
         
British Columbia
Vancouver Residential Rolston-Midtown 215 $50
(23 storeys; 185 units; 1 structure), 1300 Granville Street, will be LEED Certified
Rize Alliance Properties Limited
         
Surrey Residential Ultra, Urban Village, Phase Three 330 $40
(40 storeys; 418 units; 1 structure), 10288, 10296 and
10320 133 Street
WestStone Group
         
Surrey Engineering Highway 97 Roadwork * $40
British Columbia Ministry of Transportation and Highways
         
TOTALS:     3,162 $2,125

*A square footage measure does not apply for alteration and engineering work.
Trend lines of construction starts in Canada – April 2011
Moving totals of the latest 12 months* (CanaData Figures)
Trend lines of construction starts in Canada – April 2011
*For example, the April 2011 figure is the sum of the monthly figures for May 2010 through April 2011.
†ICI is the sum of industrial, commercial and institutional.
The prominent jumps in the engineering curve reflect such mega project starts as Horizon Oil Sands work in Alberta (March 2005), the Canada Line LRT project between Richmond and Vancouver in B.C. (January 2006), the Eastmain 1-A hydroelectric power project in northern Québec (June 2007), the Port Mann bridge in B.C. (November 2009) and the Kearl Oil Sands Project in Alberta (April 2010). In May 2010, the ICI curve shot upward due to the McGill University medical centre project in Montreal.
Data source and chart: Reed Construction Data – CanaData.

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