LATEST NEWS
Steel
July 16, 2012
Canadian Institute of Steel Construction optimistic about near future
The Canadian Institute of Steel Construction (CISC) is optimistic about the industry’s prospects for the next year or two.
“Overall, I’d say the outlook is very positive,” says president Ed Whalen.
The institute, which represents fabricators, detailers, steel mills and steel service centers as well as erectors and suppliers, expects natural resources development will drive construction “for a few years to come.
“We believe the steel industry will be following right along,” Whalen said in an interview.
In its annual report, the institute said most regions of the country have seen substantial growth in the past year.
Alberta and Saskatchewan have led the way, with Newfoundland and the Maritimes close behind due to natural resources and shipping contracts.
Looking ahead, Whalen said proposed development in northern Quebec could translate into opportunities for CISC members “in probably two years’ time.”
In Ontario, the Pan Am Games and transit expansions in the Toronto area will mean work down the road. As will industrial development in the north, according to the CISC.
Whalen said most fabricators are “pretty comfortable” with current capacities and staffing levels. Institute members include fabricators of structural steel, open-web steel joists and steel platework.
The Markham-headquartered institute has 665 members.
| MOST POPULAR STORIES |
| TODAY’S TOP CONSTRUCTION PROJECTS |
These projects have been selected from 541 projects with a total value of $2,992,674,310 that Reed Construction Data Building Reports reported on Thursday.
CONDOMINIUM APARTMENT BLDGS, PARKLAND
$290,000,000 North York ON Prebid
$105,000,000 Metro Toronto Reg ON Prebid
$75,000,000 Ottawa ON Prebid
| CURRENT STORIES |
- VIDEO: Economic Update May 21, 2013
- Prompt payment bill headed to committee
- Final Phase
- A return to core values a must for banks: Carney
- OHMPA on the road with informative seminars
- Local 675 strike ends after new agreement ratified
- NDP says it will support Liberal budget, averting spring election
- Measure of U.S. economy’s future health rises 0.6 per cent in April after March dip
- Terratec awarded Brighton, Ont. Lagoon Clean-Out Project contract
- Fundraising campaign to reach target for new Shriners Hospital for Children
- George Brown College building named after Tridel CEO
- Construction Site Arson
- VIDEO: Journal of Commerce Update for the week of May 27th, 2013
- Historic church renovation reaches new heights
- Hiring of foreign workers for hospital project outrages union
- Acetylene torch explosion causes significant damage
- Festival of Architecture hits Halifax
- Winnipeg Southwest Transitway wins award
- Vendor performance is key measurement
- NDP leader spoke to police about corruption
- Big contract down under for ATCO Structures
- RFQ issued for Kamloops hospital project
| ALEX’S ECONOMICS BLOG |

Reed Construction Data Canada’s Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis on the construction industry.
- An Overview of Prices and Sales in the Diverging U.S. and Canadian Housing Markets (April 25, 2013)
- Canada’s Precarious Dependence on the Commodity Price Super-Cycle (April 22, 2013)
- Twenty major upcoming residential and transportation terminal construction projects - April 2013 (April 15, 2013)
- More








