Building: slight growth expected
The construction workers of the Saguenay-Lac-Saint-Jean will experience a second year of growth of activity on the building sites of approximately 1 % in 2019, after having accumulated 2 % more hours worked in the year 2018.
As is the practice for several years, the Commission de la construction du Québec (CCQ) has unveiled its study on the industry’s prospects for the next year which demonstrate that the activity levels remain high in 2019. In 2018, the volume of work will 161.5 million of hours worked in Quebec, growth of 9 % compared to 2017.
The region, however, is in last place among the regions that had experienced a growth in 2018. Several have had increases of more than 10 %.
According to the CCQ, the year 2019 should be marked by a slight improvement in the industrial sector, which should contribute to the region with the continuation of work by Rio Tinto in the project Vaudreuil beyond 2022 for the construction of its mill-drying of red mud.
Despite the continued uncertainty in the global trade, the low price of metals and the difficulties surrounding the financing of mining projects, the CCQ states that the planned opening of the future mine of ferrovanadium Chibougamau and the opening of the processing plant of Grande-Anse will be to monitor.
The expansion project of the Palace of justice of Roberval, and to the continuation of the investment plan of the Base of Bagotville, among other things, for the construction of a shed of 132, 000 square feet to house maintenance facilities, will contribute to the increase in the volume of work. The beginning of the construction of the new line Micoua-Saguenay, an investment with a value of 793 M$, by Hydro-Québec, figure in the list of the projects announced for 2019. This might compensate in part for the completion of the construction of the line Chamouchouane-Bout-de-L’île in the fall of 2018.
The workers of the region should be affected by the gradual approach of the end of the work of the complex, La Romaine, on the North Shore, scheduled to end in 2021.
In the residential sector, the expansion of the Manoir Champlain on the rue Racine in Chicoutimi, as well as the construction of Network Selection of a new residence for the elderly of 233 units on Talbot boulevard should be of important projects.