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Top 10 and trend graph-December 2011

0 2952 Market Intelligence

The accompanying table records the 10 largest construction project starts in Canada in December 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.

The accompanying table records the 10 largest construction project starts in Canada in December 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 - December 2011
REGION
(East to
West)
TYPE OF
CONSTRUCTION
DESCRIPTION
Sq. Ft.
000s
Dollars
000,000s
Quebec
Montréal Engineering Autoroute Bonaventure * $141
Société du Havre de Montréal
         
Boisbriand Engineering Autoroute 15 et Autoroute 640 * $84
Ministère des transports du Québec
         
Montréal Institutional Hôpital Maisonneuve-Rosemont 135 $64
(2 storeys; 57 units; 1 structure), 5415 boul l/'Assomption
Société immobilière du Québec\Gestion des projets de santé et de services sociaux
         
Ontario
Ottawa Commercial Wellington Building Renovations, Phase 2 * $161
(1 structure), 180 Wellington Street
Public Works and Government Services Canada
         
London Residential University of Western Ontario Student Residence 370 $71
(6 storeys; 400 units; 1 structure), 1151 Richmond Street, will be
LEED Certified
University of Western Ontario
         
Markham Residential Lasseter Development 527 $64
(3 storeys; 251 units, 30 structures), Major Mackenzie Drive and McCowan Road
Metrus Developments Incorporated
         
Alberta  
Province of Alberta Engineering Christina Lake SAGD Expansion, Phase 2B * $900
MEG Energy Corporation
         
British Columbia
Lytton Engineering Kwoiek Creek Hydroelectric Project * $120
Kanaka Bar First Nation, Innergex Renewable Energy Incorporated
         
North Saanich Institutional 443 (Maritime Helicopter) Squadron Facility 201 $103
(4 storeys; 1 structure), Canadian Forces Base Esquimalt
Defence Construction Canada
         
Northwest Territories
Yellowknife Engineering Misery Open Pit Project (EKATI diamond mine site) * $323
BHP Billiton Canada Incorporated
TOTALS:     1,233 $2,031

*A square footage measure does not apply for alteration and engineering work.
Trend lines of construction starts in Canada – December 2011
Moving totals of the latest 12 months* (CanaData Figures)
Trend lines of construction starts in Canada – December 2011
*For example, the December 2011 figure is the sum of the monthly numbers for January 2011 through December 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 Eastmain 1-A hydroelectric power project in northern Québec (June 2007), the Kearl Oil Sands Project in Alberta (April 2010), the Firebag 4 SAGD Oil Sands project in Alberta (June 2011) and the Voyageur heavy oil processing plant Alberta (August 2011). 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.

by Alex Carrick

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