According to GlobalData, the value of Canada construction market is forecast to grow by 1.5% in real terms in 2024, having grown by 1.7% in 2023. A key growth market will be the infrastructure market, with output rising by 2.3% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the top five healthcare building construction projects that commenced in Canada in Q4 2024, according to GlobalData’s construction projects database.
Smarter leaders trust GlobalData
1. Good Samaritan Society Long-Term Care Home
The project involves the construction of a seven-story 280 long-term care room in Edmonton, Alberta.
Construction work started in Q4 2024 and is expected to be completed in Q4 2027.
2. Sherwood Care Expansion
The project involves the redevelopment of the Sherwood Care facilities in Alberta.
Construction work commenced in Q4 2024 and is expected to finish in Q4 2027.
3. Wing Kei Village
The project involves the construction of a senior care facilities on 1.2ha of land in Calgary, Alberta.
Construction work started in Q4 2024 and is forecast to complete in Q4 2026.
4. Extendicare Port Stanley Long-Term Care Home
The project involves the construction of a 7,400m2 two-story long-term care home with 128 beds in Port Stanley, Ontario.
Construction work commenced in Q4 2024 and is expected to be completed in Q1 2027.
5. Clarence Creek Long-Term Care Home
The project involves the construction of a 9,602m2 one-story long-term care home in Clarence Creek, Ontario.
Construction work started in Q4 2024 and is expected to be completed in Q4 2026.
For more details on the latest construction projects, buy the profiles here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
