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Nunavut’s Construction Sector in the National Context Clarence Synard Vice President NCC Development Ltd.

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Presentation on theme: "Nunavut’s Construction Sector in the National Context Clarence Synard Vice President NCC Development Ltd."— Presentation transcript:

1 Nunavut’s Construction Sector in the National Context Clarence Synard Vice President NCC Development Ltd.

2 The National Picture 2% economic growth Construction Indicators: – National Building Permits  13.3% – Housing Starts  3%

3 National Forecast Variation Minimal residential construction growth Growth driven by federal projects

4 Labour Shortage: A National Challenge 1.27 million workers across Canada Shortage of 320,00 by 2020 Provincial and territorial competition

5 Nunavut’s Economic Growth Nunavut’s GDP growth: first time since 1999 Territory’s Real GDP increased 10% in 2013

6 Nunavut’s Construction Sector Drivers – Public infrastructure needs – Growing private infrastructure needs

7 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

8 Nunavut Construction Corporation Development Ltd

9 NCC Projects & Impacts - Kivalliq Rankin Inlet Sakku Hangar $16 M 40 people Atuqtuarvik Building $5 M 45 ppl

10 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

11 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

12 Unique Challenges in Nunavut Short building season Shipping of construction materials Need for more Nunavummiut in industry Mining industry tied strongly to markets

13 Nunavut’s Labour Challenge National shortage compounded in Nunavut NCC commitment to hiring beneficiaries and Inuit-owned subcontractors Sanatuliqsarvik Trades School

14 Key: Connecting Construction Sector and Nunavummiut

15 QUESTIONS? Thank you. Nakurmik.


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