January 31, 2008
Cutting Deep
BRADLEY FEHR
An employee with Tyam Construction Ltd. cuts into Cambie Street in Vancouver as part of the ongoing construction of the Canada Line rapid transit expansion project. The Canada Line is a 19.5 km rapid transit line connecting downtown Vancouver with the City of Richmond and Vancouver International Airport. The project has an estimated design and construction cost of approximately $1.9 billion and is the largest public-private partnership implemented in Canada. It is also the first rail P3 in North America.
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These projects have been selected from 372 projects with a total value of $3,335,585,749 that Reed Construction Data Building Reports reported on yesterday.
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| ALEX’S ECONOMICS BLOG |
Reed Construction Data Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis on the construction industry.
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