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 Q2 2024, according to GlobalData’s construction projects database.
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1. Hamilton’s First Ontario Centre Renovation
The project involves the expansion and modernization of the First Ontario Centre containing 18,000 seats in Hamilton, Ontario.
Construction work started in Q2 2024 and is expected to be completed in Q4 2025.
The project aims to provide better leisure facilities in the region. Buy the profile here.
2. Greystone Retail Complex
The project involves the construction of a retail complex on 2.5ha of land in the Greystone community of Cochrane, Alberta.
Construction work commenced in Q2 2024 and is expected to finish in Q3 2025.
3. Wester-Land Student Housing Building
The project involves the construction of three six-story student housing buildings with 205 units and 670 beds in St. John’s, Newfoundland and Labrador.
Construction work started in Q2 2024 and is forecast to complete in Q3 2025.
4. Fredericton Performing Arts Centre
The project involves the construction of two performing arts center buildings in Fredericton, New Brunswick.
Construction work commenced in Q2 2024 and is expected to be completed in Q4 2026.
It will be developed at the old Kamloops Daily News site and set to become an important part of a vibrant downtown. Buy the profile here.
5. Brooks City Beef Distribution and Storage Facility
The project involves the construction of beef distribution and storage facilities in Newell County, Alberta.
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.
