Market Watch


Funding announced for UBC life sciences facility

The B.C. provincial government has announced funding of $19.95 million for UBC to upgrade and expand the aging Biolgoical Sciences Complex used by life sciences students.

Housing market modestly overvalued: CMHC

Apart from modest overvaluation — and a cautionary note about overbuilding in Montreal and Toronto — Canada’s housing markets largely align with underlying demographic and

VSB awards design-build contract

The Vancouver School Board has awarded a fixed-price contract to Bouygues Building Canada to design and build the Kitsilano Secondary School Renewal (KSSR) project.

RFQ issued for new Vancouver Art Gallery

The Vancouver Art Gallery has issued a Request for Qualifications (RFQ) in its search for a design architect for its new building.

Alberta high-speed train system proposed

Magnovate Technologies is proposing to build a full-sized prototype of a high-speed train system between Edmonton and Calgary, which it alleges will cut the commute between the two cities to less than 45 minutes.

Teams shortlisted for Emily Carr’s new campus

Three proponents have been shortlisted for the new state-of-the-art Emily Carr University of Art & Design campus redevelopment project.

Port of Prince Rupert expansion

A new multi-million dollar road, rail and utility corridor project will expand the Port of Prince Rupert’s terminal capacity ...

SNC-Lavalin offers amnesty to employees

SNC-Lavalin Group Inc. has launched a limited time amnesty program to encourage current employees to report potential corruption and ...

RFQ issued for Surrey organics biofuel facility

The City of Surrey has issued a Request for Qualifications (RFP) for the new organics biofuel facility, moving it one step closer to realizing the project.

RFQ issued for Kamloops hospital project

A Request for Qualifications (RFP) has been issued for the Royal Inland Hospital Clinical Services building project in Kamloops, B.C.

Preferred proponent selected for WIDC

PCL Constructors Westcoast Inc. has been selected by the B.C. provincial government as the preferred proponent for the proposed Wood Innovation and Design Centre (WIDC) in Prince George, B.C.

Alliance contracting

Alliance contracts are incentive-based relationship contracts in which the parties agree to work together as one integrated team.

Streamlining project delivery

Touted as a time and cost-saving measure, design-build project delivery has taken the North American construction industry by storm.

B.C.’s political future hangs in the balance

The next B.C. provincial election, slated for May 2013, is a source of great concern for many in the construction industry.

Rising municipal fees

Construction companies know how important it is to control costs. However, British Columbia’s municipalities don’t seem to share the same sentiment. Municipal government is costing ...

British Columbia’s new Limitation Act

A new Limitation Act that aims to bring B.C. law into closer step with other provinces received royal assent May 14, 2012. Barring any unforeseen complications, B.C. businesses can expect to operate under the new regime.