News
News and information from and for Ontario’s construction industry
The Link2Build group publishes news and information about the Ontario construction industry daily. Check here for the latest in trends, developments and insight from a wide variety of contributors, and visit regularly for updated information.
FAO: province spent $6.4 billion less than expected over first three quarters of 22–23
In particular, spending on Metrolinx and municipal infrastructure projects was lower by $1.2 billion, and by $644 million on Ministry of Infrastructure capital programs.
Aecon Group selling Ontario road building business for $235 million
Aecon Group Inc. has signed a deal to sell its road building business in Ontario to Green Infrastructure Partners Inc. for $235 million in cash.
IO releases first P3 market update of ‘23
Three projects have advanced into active procurement, and three others have advanced to partnership stages. The total value of contracts currently in construction is approximately $45 billion.
Canadian commercial real estate investment could reach high of $59B in 2023: CBRE
The Canada Real Estate Market Outlook report predicts challenges such as tougher financing conditions and a potential economic slowdown will weigh on investment.
Work completed on new Toronto courthouse
Construction of the new building was completed earlier this year. The building consolidates most of Toronto's Ontario Court of Justice criminal court operations, and was designed and built by EllisDon Infrastructure.