Ontario Sees Familiar (and Unreliable) Faces in Third-Quarter 2016 Project Kickoffs as Construction Dates Pushed Back
Attachment: ontario
SUGAR LAND--May 24, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Ontario may not be facing the natural disaster currently consuming much of Alberta's wilderness, but uncertainty persists for much of its third-quarter 2016 construction starts. The province's kickoffs for the quarter, according to Industrial Info's Project Database, have a total investment value (TIV) of $2.15 billion, a notch higher than what was predicted at this time last year for third-quarter 2015, and more than 80% of the total can be attributed to just three industries: Metals & Minerals, Power and Chemical Processing. But the prospects for the largest of these--a massive mining project that accounts for almost half of the TIV--are shaky at best.
Within this article: Details on key projects set to begin construction in third-quarter 2016, from major companies such as Vale S.A. (NYSE:VALE), Canadian Solar (NASDAQ:CSIQ), Spectra Energy Corporation (NYSE:SE), NOVA Chemical Corporation, Algonquin Power & Utilities Corporation, Ontario Graphite Limited and WPD Canada Corporation.
