Nunavuts Construction Sector in the National Context Clarence
- Slides: 15
Nunavut’s Construction Sector in the National Context Clarence Synard Vice President NCC Development Ltd.
The National Picture • 2% economic growth • Construction Indicators: – National Building Permits 13. 3% – Housing Starts 3%
National Forecast • Variation • Minimal residential construction growth • Growth driven by federal projects
Labour Shortage: A National Challenge • • • 1. 27 million workers across Canada Shortage of 320, 00 by 2020 Provincial and territorial competition
Nunavut’s Economic Growth • Nunavut’s GDP growth: first time since 1999 • Territory’s Real GDP increased 10% in 2013
Nunavut’s Construction Sector • Drivers – Public infrastructure needs – Growing private infrastructure needs
Major Projects in Nunavut • Private – Mary River Iron Mine - $700 M – Meliadine Gold Mine (anticipated)- $45 M • Public – Major social housing investment - $100 M – Canadian High Arctic Research Station - $80 M – Nanisivik Naval Facility - $116 M – Iqaluit International Airport - $300 M – Rankin Inlet Airport upgrade - $27 M
Nunavut Construction Corporation Development Ltd
NCC Projects & Impacts - Kivalliq • Rankin Inlet Sakku Hangar $16 M 40 people • Atuqtuarvik Building $5 M 45 ppl
NCC Projects & Impacts - Baffin • Qikiqtarjuaq Gathering Centre $1. 5 M 20 ppl • Iqaluit old court house restoration $4 M 35 ppl • Nunavut Media Arts Centre $4 M 25 ppl • Iqaluit Ind. Park Warehouse $7 M 40 ppl
NCC Projects & Impacts - Kitikmeot • KIA Office Building Cam Bay $25 M 80 ppl • KIA Office Building Kugluktuk $2 M 25 ppl • Kugluktuk Heritage Centre $3 M 25 ppl
Unique Challenges in Nunavut • • Short building season Shipping of construction materials Need for more Nunavummiut in industry Mining industry tied strongly to markets
Nunavut’s Labour Challenge • National shortage compounded in Nunavut • NCC commitment to hiring beneficiaries and Inuit-owned subcontractors • Sanatuliqsarvik Trades School
Key: Connecting Construction Sector and Nunavummiut
Thank you. Nakurmik. QUESTIONS?