Ranking for 2013: 43
Industry Sector: Transportation
Specific Sector: Highway
Range: $1 billion - $5 billion
Project Value: $1,000,000,000
Government Funds Involved: N/A
Funding Source: Public
Location: Fort McMurray, Alberta
Estimated End Date of Substantial Completion: 2014
This major highway project in the rapidly growing Fort McMurray area includes construction of a new Franklin Avenue Tunnel to. Some 255 km of highway, both north and south of Fort McMurray, are to be twinned, increasing from two for four lanes. Increased capacity for traffic is expected to reduce delays and improve safety.
Construction is underway in a number of segments, with 50 per cent completion estimated for 2015.