Four hydroelectric projects are among the top ten biggest infrastructure projects in Canada, according to a report from ReNew Canada.
The infrastructure renewal magazine published its Top 100 Projects 2011 Report earlier this month, ranked by dollar value, which showsthat Canadian infrastructure spending is alive and well, with $96,096,400,000 being spent in 20 categories. According to the report there is a trend in spending towards hydroelectric and transportation projects, with the top ten – representing over a third of spending on the list ($36B) – featuring five Transportation/Transit projects, four hydroelectric/renewable energy projects, and one hospital expansion.
“Infrastructure is a leading indicator of economic growth, and this country is doing well in terms of large-scale projects,” said Mira Shenker, Editor, ReNew Canada. “For four years, the Top 100 has been a barometre for spending and this year, the projects total over $96 billion, up from $68 billion in 2010. While 46% of all buildings on the list are new builds, the rest are renewals and expansions, an indication that a fair amount is being done to address this country’s aging assets.”
The top ten projects this year are:
• Romaine Complex, Quebec – $6.5B (# 1 in 2010 as well)
• Lower Churchill hydro project, Central Labrador – $6.2B (NEW)
• Eastmain-1-A/Sarcelle/Rupert Project, Quebec – $5B (# 2 in 2010)
• Eglinton Crosstown, LRT, Ontario – $4.6B (NEW)
• Turcot Interchange, Quebec – $3B (# 10 in 2010)
• Spadina Subway Extension, Ontario – $2.63B (# 3 in 2010)
• Lower Mattagami Hydroelectric Complex, Ontario – $2.6B (NEW)
• CHUM (Centre hospitalier de l’université de Montréal) Redevelopment, Quebec – $2.5B (NEW)
• Port Mann/Highway 1 Project, British Columbia – $2.46B
• Ottawa LRT, Ontario – $2.1B (NEW)
For the full list of key players and details such as financing sources, visit top100projects.ca. Find an interactive map of all projects at http://top100projects.ca/map
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