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Alberta government giving new methanol plant $80M in royalty credits

Alberta government giving new methanol plant $80M in royalty credits

Alberta is giving $80 million in future royalty credits for construction of a new methanol plant in the province’s northwest. Premier Rachel Notley says Nauticol Energy is to start construction on the $2-billion plant near Grande Prairie next year with an opening set for 2020. She says the project is expected to create 3,000 jobs….

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Canada stands tall in wood-based high-rise construction

Canada stands tall in wood-based high-rise construction

Tucked away on the Vancouver campus of the University of British Columbia sits a marvel of innovation in wood construction. It’s called Brock Commons, a student residence tower housing some 400 students. Completed in 2017, it looks like any other residential tower save for the distinctive look of blond wood gleaming as the sun hits…

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Audit finds Muskrat Falls cost overruns became obvious soon after megaproject got underway

Audit finds Muskrat Falls cost overruns became obvious soon after megaproject got underway

An audit has found executives overseeing the Muskrat Falls megaproject should have been aware that it would be almost impossible to meet cost and schedule targets. The forensic audit into Muskrat Falls’ construction was presented to the inquiry into cost overruns Monday by accounting firm Grant Thornton. Help us improve Globalnews.ca READ MORE: I didn’t question…

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