The value of Canada construction market is forecasted by GlobalData 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 five largest construction projects initiated in Canada during Q2 2024, according to GlobalData’s construction projects database.
1. Nujioqonik Renewable Green Hydrogen Project
The project involves the construction of a hydrogen production and distribution facilities with a capacity of 250,000 tons per annum (1,200,000 tonnes of green ammonia) in Newfoundland and Labrador.
Construction work started in Q2 2024 and is expected to be completed in Q1 2029.
The project aims to play a significant role in accelerating the growth of green hydrogen, a new source of clean, transportable renewable fuel made from wind and water, of which world energy is on pace to become one of the first large-scale global suppliers in the region.
2. Prince Albert Victoria Hospital Expansion
The project involves the expansion of a 32,000m2 hospital in Saskatchewan.
Construction work commenced in Q2 2024 and is expected to finish in Q4 2028.
The project aims to address the healthcare needs of our growing population in the region.
3. Gilgan Family Queensway Health Center Expansion
The project involves the construction of a three-buildings 55,742m2 hospital in Toronto, Ontario.
Construction work started in Q2 2024 and is forecast to complete in Q4 2029.
4. Etobicoke Civic Center
The project involves the construction of a 44,779m2 civic center on 7.2ha of land in Ontario.
Construction work commenced in Q2 2024 and is expected to be completed in Q3 2027.
The project will be a relocation of the current Civic Centre at 399 The West Mall, but once finished, the new complex will have even more uses.
5. Yorkton Pea Protein Isolate Production Plant
The project involves the construction of a pea-protein manufacturing plant in Yorkton, Saskatchewan.
Construction work started in Q2 2024 and is expected to be completed in Q4 2025.
For more details on the latest construction projects, buy the profiles here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
