News
News and information from and for Ontario’s construction industry
The Link2Build group publishes news and information about the Ontario construction industry daily. Check here for the latest in trends, developments and insight from a wide variety of contributors, and visit regularly for updated information.
SNC-Lavalin reports Q3 profit up compared with a year ago
The engineering firm said its net income amounted to $44.7 million or $0.25 per diluted share for the quarter ended Sept. 30. The results compare with a net income of $18.6 million or 11 cents per diluted share in the third quarter of 2021.
Operating engineers union urges province to back down on back-to-work legislation
The union, which endorsed Premier Doug Ford’s spring re-election campaign, is criticizing the government for its heavy-handed approach to shutting down a potential strike by some of the province’s education workers.
Permit values record largest-ever monthly drop in September
The value of building permits dropped 17.5 percent for the month, as all five sub-components of the residential and non-residential sectors lost ground.
Construction starts on Thunder Bay correctional complex
The $1.2-billion state-of-the-art facility is being constructed by EllisDon Infrastructure Justice under a design, build, finance and maintain arrangement. Completion is targeted for the fall of 2026.
Porter, Ottawa airport authority announce $65M construction program
The work sees Porter build two new hangars to accommodate its growing fleet, while the airport authority will build a new taxiway and related infrastructure to support the hangar development.