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Ontario commits $2. 8 M to Lake Superior port upgrades
13+ hour, 20+ min ago (230+ words) The Ontario government has announced it will invest $2. 8 million on infrastructure upgrades at the Port of Thunder Bay and the Peninsula Harbour Port Authority in Marathon. The government says both terminals are key gateways in northwestern Ontario for expanding east-west…...
Report estimates Canada's annual infrastructure gap at US$34 billion
2+ day, 14+ hour ago (159+ words) A new report from Pw C Canada finds that Canada is under-investing in its infrastructure compared to its peers, and that catching up could cost an extra US$34 billion annually by 2050. Although Canada ranks fourth in the world with an…...
Environmental groups cheer Ontario's addition of battery storage to electricity grid
3+ day, 13+ hour ago (173+ words) Environmental groups are cheering an Ontario government announcement that three battery storage projects will add enough capacity to the electricity system to power 640, 000 homes. The Independent Electricity System Operator had been looking to secure more capacity as electricity needs are…...
Hydro One seeks approval to build east Ottawa transmission line
4+ day, 13+ hour ago (163+ words) Hydro One has filed a leave-to-construct application with the Ontario Energy Board (OEB) to build a new transmission in Ottawa's east end. The Orl'ans Area Reinforcement Project includes the construction of a new 11-kilometre 115-kilovolt (k V) transmission line within an…...
Toronto airport expansion plan won't be released during consultations: port authority
4+ day, 13+ hour ago (608+ words) Consultations on the future of the Toronto island airport will go ahead without detailed plans on a possible expansion. At a tense annual general meeting, officials with Toronto Port Authority said no expansion plan for Billy Bishop Toronto City Airport…...
Ontario Place parking garage contract awarded for $200 M
4+ day, 13+ hour ago (198+ words) Ontario taxpayers will spend $200 million on a new parking garage at Ontario Place, but the government says it will quickly generate tens of millions of dollars in annual revenue. Tourism Minister Stan Cho announced today that the province has awarded…...
Kitchener receives $8 M from Building Faster Fund
6+ day, 20+ hour ago (304+ words) The Ontario government is providing more than $8 million to the City of Kitchener as a reward for the city exceeding 80 percent of its housing target last year. Kitchener broke ground on 3, 005 new homes last year. That figure represents more than…...
April building permit totals fall by 8%
6+ day, 20+ hour ago (387+ words) Building permit values issued in April dropped by just under 8%, or $1 billion, from March's total. Statistics Canada reports that permit values declined to $12. 5 billion for the month, with the non-residential (-10. 5%) and residential sectors (-5. 5%) reporting contractions. On a constant dollar basis…...
Trump 'not looking to renew' CUSMA trade pact, says no need for Canadian imports
1+ week, 1+ day ago (296+ words) By'Dylan Robertson and Kelly Geraldine Malone U. S. President Donald Trump is again saying the American economy does not need anything from Canada or Mexico and he is "not looking to renew" the continental trade pact. Trump made the comments in the…...
Bank of Canada holds key rate as Macklem downplays recession talk
1+ week, 1+ day ago (842+ words) The Bank of Canada held its benchmark interest rate steady for a fifth consecutive decision on Wednesday as it tries to support a turbulent economy without letting prices rise unchecked. Governor Tiff Macklem also said that while the economy is…...