BC Major Projects Inventory
The BC Major Projects Inventory (MPI), published quarterly, provides summary information on major projects in the Province of British Columbia. The MPI includes a listing of private and public sector construction projects in B.C. with an estimated capital cost of $15 million (Can.) or greater (Read more...)
Highlights of the Q4 2016 Issue:
- Download an Excel version of the Q4 2016 database (1.3 MB)
- Download a PDF version of the Q4 2016 Issue (1.8 MB)
This issue of the B.C. Major Projects Inventory lists 27 new proposed projects over $15 million (M) for the fourth quarter of 2016, with available capital cost estimates totaling approximately $845 M in potential new capital investment, if all the projects proceed. In comparison, the total cost for new potential projects in the third quarter of 2016 was $1.2 billion (B).
There are 341 projects currently under construction in B.C., representing an estimated capital cost of $75.1 B, down slightly from the $76.6 B reported in the third quarter of 2016. Seventeen major projects started construction in the fourth quarter, with an estimated total value of $1 B. Among the larger projects started are the $500 M Burrard Place Mixed Use Development in Vancouver, the $126 M Simon Fraser University - Energy Systems Engineering project in Surrey, and the $76 M South Fraser Transmission Relocation Project in Richmond.
The available capital cost of the 476 proposed projects is estimated at $325.3 B, slightly down from $325.4 B in the previous quarter. Approximately $33.6 B of projects are judged to be ‘on hold’ for the time being, consistent with the previous quarter.
Information to Readers
The Major Projects Inventory (MPI) is a listing of private and public sector construction projects in the Province of British Columbia.
The MPI lists construction projects in B.C. valued at $15 million or greater ($20 million or greater in the Lower Mainland) including a status category: Proposed, Under Construction, Completed, or On Hold. Project information is obtained from public and private information sources.
While effort is made to maintain a comprehensive project listing that includes the most current information, it is important to note that projects are constantly being added and re-evaluated by industry. Not all major projects are included in the MPI: Projects must be known to be included, and some project information is not published for reasons of confidentiality.
For more information on the BC Major Projects Inventory, please email: EconomicDevelopment@gov.bc.ca