According to GlobalData, the value of Canada construction market is forecast to grow by 1.5% in real terms in 2023, having grown by 1.7% in 2022. 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 Q3 2023, according to GlobalData’s construction projects database.
Smarter leaders trust GlobalData
1. Cloverdale Hospital Development
The project involves the construction of a 70,977m2 hospital in British Columbia.
Construction work started in Q3 2023 and is expected to be completed in Q4 2029.
The project aims to provide comprehensive health services for people and will be the second hospital in Surrey. Buy the profile here.
2. New Cowichan District Hospital
The project involves the construction of a 47,848m2 hospital with 204 acute inpatient beds in British Columbia.
Construction work commenced in Q3 2023 and is expected to finish in Q4 2027.
The project aims to replace the existing facilities with a new building to provide better healthcare facilities in the region. Buy the profile here.
3. St. Angela’s Meadow Care Center
The project involves the construction of a 160-bed, long-term care building in Chatham-Kent, Ontario.
Construction work started in Q3 2023 and is forecast to complete in Q2 2026.
The project aims to enhance healthcare facilities in the region. The project is a part of GoO’s $4,851 million long-term care beds across the province. Buy the profile here.
4. Avalon Long Term Care Home
The project involves the construction of a 9,470m2 three-story long-term care home in Orangeville, Ontario.
Construction work commenced in Q3 2023 and is expected to be completed in Q2 2026.
The project aims to enhance long-term care community facilities in the region.
5. First Nation Community Long-Term Care Home
The project involves the construction of a one-story, 8,445m2 long-term care home on 14ha of land in Ontario.
Construction work started in Q3 2023 and is expected to be completed in Q4 2026.
The project aims to enhance long-term care community facilities in the region. Buy the profile here.
For more details on the latest construction projects, buy the profiles here.
Premium 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.
