Ontario is leaning heavily into infrastructure, with the lion's share of the most expensive projects in the country found here. realestate realestatenews
The majority of the projects included in the 2023 iteration carried over from last year, although a number of newer projects were added. Others were removed due to substantial completion or cancelation.
The 11 new projects that debuted on this year’s list total nearly $10B, the magazine said, with the complete list of 100 projects valued at approximately $273B. The transit sector dominated the 2023 report, with 25 projects valued at $120.6B. It was followed by the energy sector, with 11 projects valued at $50.7B, while the buildings sector accounted for 30 projects valued at $45.5B. The transportation sector and the water-wastewater, communications, and remediation sector rounded out the top five.
In Ontario, transportation dominated the list, with commuter rail and Toronto subway projects ranking high. Below is a look at the 10 most expensive infrastructure projects underway in Ontario, with a total value of over $100B.
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