Canada's construction news
Canada is walking the talk when it comes to embracing sustainable technology and innovation that will shape the future of infrastructure, according to a report released recently by KPMG.
Lead authors are Richard Threlfall, global head of infrastructure, government and healthcare at KPMG International, Michele Connolly, head of infrastructure, EMA region, and partner at KPMG in Ireland, and Sharad Somani, head of infrastructure, Asia Pacific, and partner in Singapore. For example, during the COP28 meeting in Dubai, the Canadian government reaffirmed its intent to work with other countries in limiting global warming to 1.5 degrees Celsius and highlight plans to invest in cleantech and clean energy infrastructure projects.
On technology and innovation, the report forecasts that demand for new or renewed infrastructure will outpace the ability to build it, without increasingly innovating and turning to cutting-edge technologies to keep pace. “Today’s infrastructure is increasingly being designed, built, monitored, and maintained with innovative processes and new and emerging technologies. As this continues, we can expect the industry to address Canada’s infrastructure gaps with greater speed, efficiency, and cost-efficiencies.”
Expect to see further progress and adoption of infrastructure innovation, particularly within critical sectors like energy, built environment and urban infrastructure, the report states. Countries around the globe are facing challenges as they are try to change their energy mix, economies, trade patterns, cities, technology, social equity, as well as deal with climate change against a backdrop of divisive geopolitical rhetoric and economic uncertainty.
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