Top 100 Updated: Energy Mega-Projects Dominate Canada’s Top Projects

ReNew Canada has released its annual Top 100: Canada’s Biggest Infrastructure Projects report, which stands at $140.5 billion and is dominated by big-ticket public mega-projects in energy and transportation. Energy investments (excluding privately financed oil and gas projects) accounted for 42 per cent ($58.66 billion) of Canada’s the list, up from last year ($57.66 billion), which itself what a record-breaking year for power.

Seven of the 17 newcomers projects in 2014 were in the energy sector, such as the $1.65-billion Western Alberta Transmission Line and the $1-billion Thunder Mountain Wind Project in British Columbia. The list also marks a doubling of Saskatchewan’s Top 100 presence (from two to four projects) with a couple of substantial power generation projects: the $400-million Tazi Twé hydroelectric project and the $514-million Queen Elizabeth Power Station expansion.

By sector, transportation projects (which includes road and bridge developments) accounted for 23 per cent of the list($32.80 billion), transit for 20 per cent ($27.72 billion), public buildings (hospitals, schools, government facilities) for 11 per cent ($15.71 billion), and water/wastewater projects for two per cent ($2.81 billion).

 

The Top 5 projects in Canada:

1. Site C Clean Energy Project (hydroelectric), $7.9 billion, located near Fort St. John, British Columbia

2. Romaine Complex (hydroelectric), $6.5 billion, located in Havre-Saint-Pierre, Quebec

3. Keeyask Hydroelectric Project, $6.2 billion, located at the Lower Nelson River, Manitoba

4. New Bridge for the St. Lawrence, $5 billion, located from Montreal to Brossard, Quebec

5. Eglinton Crosstown LRT, $4.9 billion, located in Toronto

 

Energy Dominates

“Canada remains a hotbed of energy infrastructure development,” says ReNew Canada editor André Voshart, who led the research on the list. “In the eight years ReNew Canada has been tracking the biggest projects, we haven’t seen anything like this. Moreover, there were several mega-projects that didn’t make the cut due to being in the preliminary stages of development—so new energy looks to continue dominating the top spots for at least the next decade.”

In what could soon land New Brunswick a Top 20 spot, there is talk about a $3-billion refurbishment of the Mactaquac hydroelectric dam northwest of Fredericton. NB Power president Gaëtan Thomas has said studies and public consultation on the project will have to begin this year if the utility is to make a decision on how to proceed between 2018 and 2020. In Newfoundland and Labrador, the 2,250-megawatt (MW) Gull Island hydroelectric station (with costs estimated at a staggering $12 billion) on the lower Churchill River won’t begin until Muskrat Falls, No. 12 on this year’s list, has been completed. Nalcor Energy says the proposed Phase 2 development would follow no earlier than three years after the sanction of Phase 1 (Muskrat Falls).

 

Public-Private Partnerships

More than a quarter of the Top 100 projects—27, to be precise—are designated as public-private partnerships (P3s), encompassing everything from large transit projects like the $3.2-billion Edmonton Valley Line and Ottawa’s $2.1-billion Confederation Line to multimillion-dollar hospital projects like British Columbia’s Surrey Memorial Hospital Expansion and Toronto’s Women’s College Hospital Redevelopment.

A newly updated interactive website allows users to dig deeper than ever before, sorting the list by categories like cost, location, funding source, and key player. Visit www.top100projects.ca/2014filters.

 

Visit top100projects.ca/2014filters to sort the list by categories such as cost, location, funding source, and key player.

Use the ESRI-powered interactive map of the Top 100 projects at top100projects.ca/map/.

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For a full copy of the report, contact André Voshart

André Voshart
Editor, ReNew Canada
andre@actualmedia.ca

 

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One Response to “Top 100 Updated: Energy Mega-Projects Dominate Canada’s Top Projects”

  1. [...] public mega projects in the energy and transportation sectors dominated the list.  http://top100projects.ca/update-2014s-top-100-projects-updated/ It can be argued that publicly funded projects are gaining attention this year when it comes to [...]

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