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Just doesn't seem like an analysis with enough detail.
Still lower than the U.S. I went to a couple of cities in Canada in the past year and there's construction everywhere, from skyscrapers to roads. My corner of the Bay Area has a couple of 5-story apartment complexes going up.
NYC has had skyscrapers going up left and right the past decade: Central Park, 111 West 57, One Vanderbilt, 432 Park, 30 Hudson, 3 World Trade, 53W53, 35 Hudson, One57, 1 Manhattan, 220 Central Park South, 15 Hudson, 125 Greewich, 425 Park, etc.
All of those are taller or nearly as tall as the tallest buildings in all of Canada. In one US city. What does that prove?
https://en.wikipedia.org/wiki/List_of_tallest_buildings_in_C...
https://en.wikipedia.org/wiki/List_of_tallest_buildings_in_N...
Earlier quoted context omitted.
Montreal has a never ending construction. A colleague of mine says the mafia controls the construction business in Montreal. Seems like corruption is a tad high in Québec than Rest of Canada
This may be indeed true. Some say the construction is the fault of the city being old but I’ve seen the same street being worked on throughout the summer for two consecutive years. There is construction everywhere as well compared to other cities I’ve visited.
The roadways are a nightmare of poor construction and tons of detours.
The thing that bugs me the most is that they can’t seem to get the hang of painting lines properly on the roads. Lines painted last 2 months at most, then are gone. I was driving this weekend on 3-4 land highways, that curve around corners and have no lines painted.
Luckily our public transit is decent so I don’t normally have to drive.
It is not only about upfront costs, ongoing maintenance is important as well, and one needs certain level of density for the infrastructure to be a bit closer to self-sustainable
As I can see from living in Canada and travelling the world there can be several reasons: - corruption, especially in QC - over-the-top safety requirements, regardless of project size. E.g. in Toronto every road work sight has a police officer present who’s just standing there bored out of their mind. In Montreal it’d be two persons on each side holding a flag - a job in Europe replaced by a temporary semaphore. - la…
I know Worksafe programs are similar from province to province, so I would be curious to see a comparison of Canadian Worksafe safety standards to safety standards from around the world to see just how much more (or less?) onerous they are.
Earlier quoted context omitted.
Montreal has a never ending construction. A colleague of mine says the mafia controls the construction business in Montreal. Seems like corruption is a tad high in Québec than Rest of Canada
This may be indeed true. Some say the construction is the fault of the city being old but I’ve seen the same street being worked on throughout the summer for two consecutive years. There is construction everywhere as well compared to other cities I’ve visited.
As I can see from living in Canada and travelling the world there can be several reasons: - corruption, especially in QC - over-the-top safety requirements, regardless of project size. E.g. in Toronto every road work sight has a police officer present who’s just standing there bored out of their mind. In Montreal it’d be two persons on each side holding a flag - a job in Europe replaced by a temporary semaphore. - la…
Québec had an inquiry¹ and found large-scale systematic corruption. Other provinces… haven't looked.
Builders chargé maximum what they can.
Home prizes has increased rapidly in Canada, some say possibly to a bubble level.
Banks create new debt out of nothing through fractional reserve banking. Central banks support negative interest rates.
A conseque of low interest rates is that many can afford to borrow to high real estate prices.
The high real estate prices drive up building costs, since builders can charge higher prices. Ie want a piece of the cake.
Here is a theory. Builders chargé maximum what they can. Home prizes has increased rapidly in Canada, some say possibly to a bubble level. Banks create new debt out of nothing through fractional reserve banking. Central banks support negative interest rates. A conseque of low interest rates is that many can afford to borrow to high real estate prices. The high real estate prices drive up building costs, since builder…
Earlier quoted context omitted.
This may be indeed true. Some say the construction is the fault of the city being old but I’ve seen the same street being worked on throughout the summer for two consecutive years. There is construction everywhere as well compared to other cities I’ve visited.
Montrealer here. Constant construction of everything is the norm. The roadways are a nightmare of poor construction and tons of detours. The thing that bugs me the most is that they can’t seem to get the hang of painting lines properly on the roads. Lines painted last 2 months at most, then are gone. I was driving this weekend on 3-4 land highways, that curve around corners and have no lines painted. Luckily our publ…
This is due to federal environmental standards; the old oil paints that actually worked are banned.