LATEST NEWS 
July 17, 2008
PCL wins contract to build, finance Kingston hospital
TORONTO
Infrastructure Ontario and Kingston General Hospital have announced that they have signed a contract with PCL Constructors Canada Inc. to build and finance the hospital’s redevelopment project.
The building team, led by PCL Constructors Canada Inc., includes financing arranged by The Toronto-Dominion Bank. The deal commits the PCL Constructors Canada Inc. team to build and finance the redevelopment project for $142.1 million; the hospital will pay PCL Constructors Canada Inc. this amount when the project reaches substantial completion in spring 2012.
The Kingston General Hospital project includes a 170,000 square feet of new construction and renovations to the existing 143,000 square foot facility.
The province will fund 90 per cent of the project’s eligible construction costs, 100% of eligible planning costs, and some specialized radiation therapy equipment.
DCN News Services
| MOST POPULAR STORIES |
- DCN election poll finds Conservatives still in the lead
- DCN election poll puts Stephen Harper’s Conservatives out in front
- PCL Constructors team expands Air Canada Centre
- Dubai plans to top its own record with new tower
- Stantec joins Infusion Health consortium on P3 hospital project
- 20 Most Popular Stories
| CURRENT STORIES |
- EllisDon reaches for the top at Bay Adelaide Centre
- Open-shop contractors and trades council agree next federal government must broaden skilled-labour focus
- Sewer, watermain contractors beat election drum for infrastructure cash
- National Trade Contractors Coalition of Canada plans to publish guide to CCA’s stipulated price subcontract document
- Foreign carpenters displaced local tradesmen at Winnipeg airport project, MP charges
- Aecon Buildings nears completion of Bell Creekbank project
- ‘Request for proposal’ wording could expose owners to tender law obligations, lawyer warns
- Korky Koroluk: Popularity of heavy-duty hybrid trucks fails to live up to the hype
- Oklahoma Transportation Commission approves $4-billion infrastructure improvement program
- Rockway Building Supplies pleads guilty in electrical-shock incident
| 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 
- Why are the Conservatives and Stephen Harper taking it on the Chin? (October 10, 2008)
- Standing up in a Convertible while Driving under a Bridge (October 9, 2008)
- Phrase of the Day: Libor (October 8, 2008)
Lifestyle Blog More
- Three Cities with a Lot in Common: Calgary, Edmonton and Venice (September 29, 2008)
- How to Get Ahead in this Life (September 25, 2008)
| PROJECT NEWS BRIEFS |
Updates on Canadian construction projects from Reed Construction Data’s research team. More
- Viljoen Architects readies working drawings for Stonebridge by the Bay (Sep 15, 2008)
- REC Silicon plans $1.2-billion manufacturing plant in Quebec (Sep 15, 2008)
- Construction underway at Interfor’s Adams Lake sawmill (Sep 11, 2008)
- Alcan moves closer to construction of Kitimat aluminum smelter (Sep 11, 2008)
- Town of Oliver presses on with plans for wine village (Sep 11, 2008)
