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
U.A.E. Becomes First Arab Nation to Open a Nuclear Power Plant
UAE - The United Arab Emirates became the first Arab country to open a nuclear power plant on Saturday, raising concerns about the long-term consequences of introducing more nuclear programs to the Middle East.
Two other countries in the region — Israel and Iran — already have nuclear capabilities. Israel has an unacknowledged nuclear weapons arsenal and Iran has a controversial uranium enrichment program that it insists is solely for peaceful purposes.
The U.A.E., a tiny nation that has become a regional heavyweight and international business center, said it built the plant to decrease its reliance on the oil that has powered…
