BC Hydro, the state-owned electric utility in British Columbia and Canada’s third-largest power company, is investing more than $6 billion to upgrade its transmission, generation and distribution systems, the firm announced late last month. The Burnaby, British Columbia-based utility has under way or is about to begin more than a dozen major capital projects throughout the province, including an upgrade to the 105-MW Ruskin hydroelectric plant near Vancouver. Photo: Courtesy of BC Hydro Renovation of Ruskin dam, near Vancouver, will occur in three stages. One stage will replace the structure’s piers and gates. Photo: Courtesy of BC Hydro The dam’s
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.