Where could your capital project take a turn?
Money for infrastructure projects is flowing
right now, thanks in part to support from all levels of government for developments that will achieve the economic, social and environmental goals of our communities.
Source: Statistics Canada: Infrastructure Statistics Hub
Cities/Regions
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Capital projects
But these are strange times.
32
Financial
Institutions
26
Educational
Institutions
35
Companies
147
Infrastructure assets – In 2021, private and public industries in Canada invested:
A back-to-basics approach works best. Before going to market, have your design, land acquisition and permits in place. Bring trusted contractors to the table early to anticipate where the supply chain and pricing challenges may lie and take steps to avoid or manage them. Be prepared to make quick decisions and pay for materials and equipment early to avoid escalation issues.
Patricia L. Morrison
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Uncertain terms: Absence of a formal agreement on construction projects
Defence infrastructure projects in Canada: considerations for contractors and subcontractors
Development projects
PMorrison@blg.com
T 403.232.9472
Partner
DSanders@blg.com
T 604.640.4128
Partner
Douglas R. Sanders
PDionne@blg.com
T 514.954.2516
Partner
Pascale Dionne
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Show us the money: Net zero financing for Canadian Businesses
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Show us the money: Net zero financing for Canadian Businesses
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ARoss@blg.com
T 403.232.9656
Partner
Alan Ross
JCocker@blg.com
T 416.367.7283
Partner
Jonathan Cocker
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We have emerged from the COVID pandemic faced with economic uncertainty, supply chain issues and skilled labour shortages that are leading to challenges in project scheduling and pricing. Condo developers can get fridges but not stoves. Electric bus fleets sit idle while they wait for charging clips.
Now is the time to assess where you are on the pathway to net zero.
There’s no quick fix. Some owners experiment with different project delivery models. Some seek price certainty by tying costs to an index, such as steel. Others ask contractors for fixed prices — and may pay triple for their project for this peace of mind.
$94
billion
$7.5
billion
from previous year
+
Source: Statistics Canada: Infrastructure Statistics Hub
In 2021, infrastructure investment contributed
$70
billion
Source: Statistics Canada: Infrastructure Statistics Hub
Infrastructure assets –
In 2021, private and public industries in Canada invested:
to Canada's GDP