In This Issue...

• Reed News  •  Construction News  •  Feature Article  •  Construction Project Leads

Reed News

On Nov. 10-12, join Reed Construction Data at the 2009 Greenbuild Conference and Expo in Phoenix, AZ (Booth # 1948). Sign up in advance or stop by the booth for a one-on-one expert consultation on tools to help you evaluate and document green products, building information modeling (BIM) solutions to help you increase efficiency, project data services to help you find and track construction projects, and cost data tools to help you accurately estimate your projects.  Special offers available at the booth.

In addition, don’t miss a special presentation by Phillip Waier, P.E., LEED AP, co-author of “Green Building: Project Planning and Cost Estimating” as he addresses the recognized building rating systems and resources for identifying green materials.

Learn More!

Construction News

From Daily Commercial News:

Hells Angels connected to Quebec’s ongoing construction scandal as police arrest 10
Quebec provincial police arrested 10 people in a crackdown on criminal involvement in the construction industry Tuesday, saying the Hells Angels bullied their way into legitimate businesses and used them for money-laundering. The arrests helped underscore the towering scale of an ongoing scandal in Quebec involving the construction industry’s criminal underbelly. The arrests were completely separate from Operation Hammer, the high-profile probe into allegations of Mafia-related activity that have rocked the industry and the province’s.....(read more)

Vancouver waterfront reclamation dominates Urban Institute awards
Ontario brownfield reclamation projects - followed by B.C. and Quebec - came away with the most Canadian Urban Institute (CUI) Brownie Awards presented at the 9th annual Canadian Brownfields Conference held here recently. Waterfront developments took three of the major awards and were also winners in other Brownie categories. Best overall project went to the City of Vancouver for its B.C. Southeast False Creek (the 2010 Olympic Village portion has been.....(read more)

From Journal of Commerce:

B.C.’s biggest stimulus project, Capilano Bridge replacement, well underway
The replacement of the old Capilano Bridge, which is also known as the “Blue Bridge”, is the largest single investment being undertaken in B.C. under the federal government’s Infrastructure Stimulus Fund. The Old Capilano Bridge connecting North and West Vancouver is made up of two sections, with the first built in 1929 and the second in 1950. The bridge is the oldest transportation infrastructure in the Lower Mainland to have gone without significant upgrades. As part of the $40 million Marine Drive Transit Priority Project, the Blue Bridge is being.....(read more)

Construction Forecast

Nonresidential building construction drops 1.6% % in September
11/3/2009 – Jobsite spending on nonresidential building construction fell 1.6% in September. The decline is not balanced. Spending for commercial buildings has fallen 34%% since the peak in early 2008. Most of the deep decline in this market is now over. Spending for institutional buildings has dropped 3%% since the peak earlier this year. Most of the shallow decline in this market is still ahead. Manufacturing spending peaked four months ago and has now fallen 14%. Most of the very steep decline in this market is still ahead. It will consist of sharp....(read more)

Construction spending up 0.8% in September but more declines ahead through the winter
11/3/2009 – Construction spending rose 0.8% in September entirely due to an implausible jump in residential remodeling which is unlikely to be sustained and could be revised away as was a similar jump earlier this year. Residential remodeling indicators all suggest that this market is continuing to slip lower. Even with the suspect jump in remodeling spending the reported September construction spending total was 0.2% below the initially reported total for August. This is due to large downward revisions for spending for both commercial buildings and.....(read more)

A strong dollar has definite benefits for Canada
10/30/2009 -In its just-released Monetary Policy Review, the Bank of Canada expressed considerable concern that “the persistent strength in the Canadian dollar is working to slow growth and to subdue inflation pressures” and “the current strength of the dollar is expected, over time, to more than fully offset the favourable developments since July.” While the report does not spell out what those “favourable developments” since July have been, it does raise some serious concerns. While it is possible that the strong Canadian dollar may be a drag on.....(read more)

Focus on Insulation Products

Building Reports

These are the top 3 construction projects from across Canada. These projects have been selected from 325 projects with a total value of $1,406,853,546 that RCD Building Reports reported on yesterday.

Click on the project name to see the information our project news subscribers receive about these projects every day.