April 8, 2008
Bondfield Construction wins contract to build, finance Credit Valley Hospital expansion
TORONTO – The Credit Valley Hospital and Infrastructure Ontario have selected Bondfield Construction Co. Ltd. to build and finance the hospital’s Phase II Expansion and Redevelopment Project.
The scope of the work includes approximately 270,000 square feet of new construction and 70,000 square feet of renovation.
The team, led by Bondfield Construction Co. Ltd., includes financing arranged by National Bank. Financial close on the project is expected shortly and construction will follow soon after. Project costs will be released at financial close.
Infrastructure Ontario and the Ministry of Health and Long-Term Care will work with The Credit Valley Hospital to redevelop and expand the hospital, which will remain publicly owned, publicly controlled and publicly accountable.
Infrastructure Ontario is a Crown corporation dedicated to managing some of the province’ss larger and more complex infrastructure renewal projects - ensuring they are built on time and on budget.
The Credit Valley Hospital project is guided by principles outlined in the province's Building a Better Tomorrow framework, which ensures public ownership of core assets such as hospitals, schools, and water and wastewater facilities.
Visit Infrastructure Ontario’s web site for more information.
– RCD Digital Media
| MOST POPULAR STORIES |
| CURRENT STORIES |
- Davies-Smith crews pull together at waterfront Rowe condominium project
- Ottawa city council votes in favour of plasma gasification plant to process municipal waste
- Burk’s Falls and Parry Sound receive funds for water, sewer improvements
- Tucker HiRise crews ready rebar at X condominium project
- Innovative George Brown trades program trains potential apprentices
- Mexico needs Canadian construction expertise, says EDC
- Brookfield completes financing for acquisition of Itiquira generating plant
- Solterra conducts construction at Vancouver’s Dolce tower project
- GDP numbers don’t reflect recession, Flaherty says
- British Columbia’s mining industry plans more construction activity
- Stantec buys mining engineering firm McIntosh Engineering
| ALEX’S BLOG |
Reed Construction Data Chief Economist Alex Carrick discusses current developments in Canada's economic environment. He also shares light-hearted reflections on life and current events.
Economics Blog More 
- Will China be another Japan? (2) (July 4, 2008)
- Will China be another Japan? (1) (July 3, 2008)
- The Export Dependency of Canada’s Provinces (July 2, 2008)
Lifestyle Blog More
- High Finance, Carrick Family Style (June 30, 2008)
- A Dozen Ways to Lure American Visitors to Canada (June 23, 2008)
| PROJECT NEWS BRIEFS |
Updates on Canadian construction projects from Reed Construction Data’s research team. More
- Thompson Rivers University receives funding for library, First Nations learning centre (Jul 4, 2008)
- Manitoba Hydro plans new Riel Converter Station (Jul 4, 2008)
- Grandview Shores proposes upscale condo/hotel complex for Trail (Jul 4, 2008)
- Menkes sets early 2009 start date for Four Seasons hotel project (Jul 3, 2008)
- Ottawa’s Congress Centre prepares to set green example (Jul 3, 2008)
