FROM THERE TO HERE TO WHERE? - RC111 MarApr 2024 - Magazine - Page 32
FROM THERE TO HERE TO WHERE?
LEGAL
FROM THERE TO HERE TO WHERE?
Advancing regulatory tools for energy efficient and
climate-resilient buildings by David Little and Charlene Hiller
Charlene Hiller is a
partner in Bennett
Jones’ Vancouver
office, practicing
law related to capital
projects, construction
and infrastructure,
procurement, and
service delivery.
W
32 RENEW CANADA – MARCH/APRIL 2024
As Canada’s population continues to grow we will need healthcare
infrastructure, such as the Projet Hôpital Vaudreuil-Soulanges, in
Vaudreuil-Dorion, Que.
are magni昀椀ed as Canada’s population is growing at a
record-setting pace and now exceeds 40 million. In 2022,
the number of Canadians rose by over 1 million—the 昀椀rst
time this has ever happened in a single year.
This surging growth in the Canadian population means
that infrastructure is needed in Canada now more than
ever, and governments are making these projects a priority, despite the state of a challenged infrastructure market.
Millions of new Canadians will need new, renovated or
expanded hospitals, schools, universities, roads, transit
systems, municipal support infrastructure, mental health
facilities, long-term care facilities and other infrastructure. The focus on new housing will also continue to add
additional pressures.
We are here
Despite the previously mentioned issues a昀昀ecting our current infrastructure market, the increasing demand means
that there is no choice for project owners, and they must
adapt their procurement processes to get projects done.
RENEWCANADA.NET
CISSS
David Little is a
partner in Bennett
Jones’ Vancouver
office, focusing
on construction
and infrastructure,
procurement, public
private partnerships,
development, and
service delivery.
E WERE THERE
The last few years have been tumultuous for
the infrastructure industry. What was previously a market characterized by low interest
rates, high risk transfer contracts and a steady
supply of bidders, gave way after several largescale, global disruptions like the COVID-19 pandemic,
the Ukraine War and natural disasters that may have been
caused or contributed to by climate change. These events
changed risk tolerance to a much more restrictive and
competitive environment plagued by:
1. A scarcity of bidders, as a limited number of
companies had the capital and capabilities to deal
with long-term infrastructure projects, including the
availability of labour to execute large projects, especially
remotely located ones.
2. A reduced capacity in the bonding and insurance
markets.
3. Cost escalation that hit the industry earlier and
harder than economy-wide in昀氀ation.
4. High-risk transfer contracts turning out poorly
as risks such as schedule delays and quality issues
materialized.
Despite these problems, the demand for infrastructure
has not decreased. Pre-existing infrastructure de昀椀cits
RC111 MarApr 2024 - Magazine - Page 1
RC111 MarApr 2024 - Magazine - Page 2
RC111 MarApr 2024 - Magazine - Page 3
RC111 MarApr 2024 - Magazine - Page 4
RC111 MarApr 2024 - Magazine - Page 5
B.C. EXPANDING USE OF MASS TIMBER IN BUILDINGS - RC111 MarApr 2024 - Magazine - Page 6
GORDIE HOWE INTERNATIONAL BRIDGE OPENING IN 2025 - RC111 MarApr 2024 - Magazine - Page 7
BREAKING DOWN BARRIERS - RC111 MarApr 2024 - Magazine - Page 8
RC111 MarApr 2024 - Magazine - Page 9
RC111 MarApr 2024 - Magazine - Page 10
RC111 MarApr 2024 - Magazine - Page 11
CONSTRUCTIVE INTELLIGENCE - RC111 MarApr 2024 - Magazine - Page 12
RC111 MarApr 2024 - Magazine - Page 13
RC111 MarApr 2024 - Magazine - Page 14
RC111 MarApr 2024 - Magazine - Page 15
ACCOUNTING FOR INFRASTRUCTURE - RC111 MarApr 2024 - Magazine - Page 16
RC111 MarApr 2024 - Magazine - Page 17
RC111 MarApr 2024 - Magazine - Page 18
THE ROCKY ROAD - RC111 MarApr 2024 - Magazine - Page 19
RC111 MarApr 2024 - Magazine - Page 20
RC111 MarApr 2024 - Magazine - Page 21
RC111 MarApr 2024 - Magazine - Page 22
RC111 MarApr 2024 - Magazine - Page 23
HOISTED INTO SHAPE - RC111 MarApr 2024 - Magazine - Page 24
RC111 MarApr 2024 - Magazine - Page 25
RC111 MarApr 2024 - Magazine - Page 26
RC111 MarApr 2024 - Magazine - Page 27
MAKING THE CASE - RC111 MarApr 2024 - Magazine - Page 28
RC111 MarApr 2024 - Magazine - Page 29
RC111 MarApr 2024 - Magazine - Page 30
RC111 MarApr 2024 - Magazine - Page 31
FROM THERE TO HERE TO WHERE? - RC111 MarApr 2024 - Magazine - Page 32
RC111 MarApr 2024 - Magazine - Page 33
RC111 MarApr 2024 - Magazine - Page 34
RC111 MarApr 2024 - Magazine - Page 35
RC111 MarApr 2024 - Magazine - Page 36
RC111 MarApr 2024 - Magazine - Page 37
RC111 MarApr 2024 - Magazine - Page 38
RC111 MarApr 2024 - Magazine - Page 39
RC111 MarApr 2024 - Magazine - Page 40
RC111 MarApr 2024 - Magazine - Page 41
FIX IT FIRST - RC111 MarApr 2024 - Magazine - Page 42
RC111 MarApr 2024 - Magazine - Page 43
RC111 MarApr 2024 - Magazine - Page 44
