Transcript NCC Development Ltd.

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?