Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks.

Canada: Five Largest Construction Projects Started in Q1 2022

  • With a project value of $8,560 million, the Metrolinx/IO – Ontario Line Subway – Ontario project was the largest construction project in Canada, on which construction started in Q1 2022. The Metrolinx/IO – Ontario Line Subway – Ontario project is located in Toronto, Canada and initially announced in Q2 2019 with an estimated completion in Q4 2027. The MTI – George Massey Tunnel Replacement – British Columbia project was the second-largest project with a project value of $2,610 million, on which construction work started in Q1 2022. The MTI – George Massey Tunnel Replacement – British Columbia project is located in Richmond, Canada and initially announced in Q3 2021 with an estimated completion in Q4 2030.

  • The MM/WP/CAM – 400 Albert Street Residential Complex – Ontario project was the third-largest project, the CP – Albert Jackson Processing Centre – Ontario was the fourth-largest project, and the CG – Abeja District Condominium Complex – Ontario was the fifth-largest project with a project value of $400 million, $361 million and $320 million respectively. The MM/WP/CAM – 400 Albert Street Residential Complex – Ontario project located in Ottawa, Canada was announced in Q1 2018 with an estimated completion in Q4 2025, the CP – Albert Jackson Processing Centre – Ontario project located in Scarborough, Canada was announced in Q3 2021 with an estimated completion in Q1 2023 and the CG – Abeja District Condominium Complex – Ontario project located in Vaughan, Canada was announced in Q1 2019 with an estimated completion in Q4 2025.

  • Among the five largest projects, the MTI – George Massey Tunnel Replacement – British Columbia project is the longest in terms of completion date, with construction expected to be completed in Q4 2030. On the other hand, the CP – Albert Jackson Processing Centre – Ontario project is the shortest in terms of completion date, with construction expected to be completed in Q1 2023.

Canada: Five Largest Construction Projects Started in Q1 2022

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
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