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 commercial and leisure construction projects that commenced in Canada in Q3 2024, according to GlobalData’s construction projects database.
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1. River Cree Resort and Casino Expansion
The project involves the expansion of a resort and casino in Enoch, Alberta.
Construction work started in Q3 2024 and is expected to be completed in Q4 2027.
2. Laval Cultural Hub
The project involves the construction of a four-story 23,968m2 cultural hub in Laval, Quebec.
Construction work commenced in Q3 2024 and is expected to finish in Q1 2027.
3. Russell Recreation Complex
The project involves the construction of a 13,015m2 recreation complex in the Township of Russell, Ontario.
Construction work started in Q3 2024 and is forecast to complete in Q3 2026.
4. Alt Hotel Ottawa Airport
The project involves the construction of an seven-story hotel building comprising 178 rooms in Ontario.
Construction work commenced in Q3 2024 and is expected to be completed in Q4 2026.
The project aims to provide better hospitality facilities to people traveling from Ottawa airport. The hotel will offer free high-speed WiFi to access internet facilities. In addition to this, an indoor skywalk is built which will connect the hotel to the airport terminal. It will create 50 jobs.
5. Sir Frederick W. Haultain Office Building Renovation
The project involves the renovation and modernization of Sir Frederick W. Haultain’s office building in Edmonton, Alberta.
Construction work started in Q3 2024 and is expected to be completed in Q4 2026.
For more details on the latest construction projects, buy the profiles here.
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