Ontario Sees Familiar (and Unreliable) Faces in Third-Quarter 2016 Project Kickoffs as Construction Dates Pushed Back, an Industrial Info News Alert
By Marketwired News
By Marketwired News
SUGAR LAND, TX–(Marketwired – 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.
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