Clarke invests in Montreal tower
Clarke Inc.yesterdayannounced it has entered into a joint venture with two other co-investors to acquire a one-third interest in a real estate development project in downtown Montreal that is currently under construction. The building is located at 1111 Atwater Ave., the former site of the Montreal Children’s Hospital. The project involves a 38-storey buildingthat will includeseniors’ housing and luxury condominiums.
Vandal to discuss building theNorth
The federal Minister of Northern Affairs Daniel Vandal has scheduled aZoomaddress to highlight the recent budget’s measures to fight COVID-19 and“build back better in the North” this afternoon. Theevent will take place at 1:30 p.m. EDT.
Poseintakes new post at Ledcor
Ledcor yesterday announced that DalePosein, its COO of constructors, has been appointed the head of its pipeline and industrial construction groups, plus its Fort McMurray, Alta.operations unit.Posein’sprevious role was COOof pipeline, responsible for operations, project management, project leadership and project execution for all pipeline contracts. Hecurrently serveson theboard ofdirectors for the Canadian Energy Pipeline Association Foundation.
Canada joins net–zero oil and gas coalition
Federal Minister of Natural Resources SeamusO’Regantoday announced Canada will join the United States in establishing a new Net-Zero Producers Forum, a platform for oil and gas–producing countries to discuss how the sector can support the implementation of the Paris Agreement on climate change and the goal of achieving net-zero emissions by 2050.Other producers involved includeNorway, QatarandSaudi Arabia, with the groupcollectively representing 40 percent of global oil and gas production. The forum will discuss ways to improve methane abatement,advance the circular carbon economy approach,anddevelop clean-energy and carbon capture use and storage technologies, among other strategies.
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