Celebrating Canada’s 150: An Update on Infrastructure
With the celebration of our country’s 150th birthday underway, it’s been a year of revamping, rebuilding, and restoring our Nation’s Capital. Of course, we’re no stranger to the massive LRT project that has been on a steady uphill slope toward completion – but what else? What more can we except to see as our City’s infrastructure changes for the better?
Understandably, we’ve hit a milestone year – how exciting, Canada! Needless to say, it’s a perfectly ideal time to make a few necessary changes to Ottawa’s groundwork. Sure, there have probably been a moment or two where we’ve expressed our frustration as a result of all the construction and traffic on our main roads, or even gawked at the recent disarray of the CF Rideau Centre and its stemmed detours in our downtown core; however, city officials have publicly made it their goal to minimize the impact that these changes will have on you. In fact, as of recently, most of the construction that we’re currently seeing around the City, isn’t expected to “clog any major routes or cause any significant new headaches for motorists this fall”. Great news for those who rely deeply on their daily commutes. For further insight on fall construction – what to expect and where – you can follow this link.
So what do all these changes mean for our economy? In short: expansion and growth. Largely thanks to the federal government, “the Conference Board of Canada says it expects Ottawa-Gatineau’s GDP growth to reach 2.3 per cent this year”, which is up 1.7 per cent from last year. Of course, with the multitude of developments in infrastructure across town, the federal government’s employee headcount has risen more than 20 per cent, with the anticipated increase of ever 1,000 full-time jobs to open up as a result of the LRT project alone. And with the residential/housing market expected to rise due to the “falling inventories of unsold apartments”, developers are eager to launch new projects – thus contributing to the 2 per cent rise of construction productivity.
So here’s to the countless opportunities that the many new beginnings our City has provided us with this year. Although the forecast predicts a few more years of continual work and building, our Nation will soon thank us. Happy 150th Canada!