Ontario looks at $36 billion in industrial project work
The majority of the work planned is in the Power Industry, which makes up 72% of the spending with $26 billion planned, mainly for new nuclear power units and windfarms.
Bruce Power LP and Ontario Power Generation are both planning billion-dollar nuclear unit additions in Ontario. Canadian Hydro Developers Incorporated began site preparation activities for a 198-megawatt windfarm project on Wolfe Island. This is just one of a large number of windfarm projects scheduled for the province.
The second busiest industry in Ontario is the Metals & Minerals Industry with 72 projects totaling $3.5 billion. Xstrata Canada Incorporated began a $121 million project to extend the life of its Kidd Creek copper-zinc mine.
After the Metals & Minerals Industry is the Industrial Manufacturing Industry with 60 projects totaling $3 billion. Earlier this summer, Chrysler Canada Incorporated began retooling its 3 million-square-foot automobile assembly plant in Brampton.
The $1.4 billion project is scheduled to be completed next fall.
Related News
Lebanon Cabinet approves watershed electricity sector reform
BEIRUT - Lebanon’s Cabinet has approved a much-anticipated plan to restructure the country’s dysfunctional electricity sector which hasn’t been developed since the time of the country’s civil war, decades ago.
The Lebanese depend on a network of private generator providers and decrepit power plants that rely on expensive fuel oil. Subsidies to the state electricity company cost nearly $2 billion a year.
For years, reform of the electricity sector has been a major demand of Lebanon’s population of over 5 million. But frequent political stalemates, corruption and infighting among politicians, entrenched since the civil war that began in 1975, often derailed reforms.
International…
