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Summer is for rosé, roses and roadwork

Summer is for rosé, roses and roadwork

Posted on: 8/21/2018 | Author: ATB Financial's Economics + Research Team

Alberta summers are a time for drinks on the patio, digging in the garden and yes, road construction. And while that construction can be frustrating during the morning commute, it's a necessary part of the season.

Of the nearly 700 major projects taking shape in our province,12 per cent (around 90) of them relate to roadwork. The total cost of these projects is $7.5 billion (that's according to Alberta Major Projects, an inventory of private and public sector projects in the province valued at $5 million or more).

The most expensive road project, valued at $2.2 billion, is the Southwest Calgary Ring Road. That work started in 2016 and is set to finish in 2021. The next most expensive project is the work taking place on Crowchild Trail, also in Calgary. This project is valued at $1.6 billion. Edmonton is also going to see some significant work take place north of the North Saskatchewan River in 2019. The Yellowhead Trail Freeway Conversion is a seven-year project that is going to cost approximately $1 billion.

Other parts of the province are experiencing road construction, too. Nearly $3 billion worth of other road-related projects are currently being completed or starting in the next year or so.

Although summer road maintenance means having to reroute our commutes to work and our trips to festivals and summer parties, the upkeep of the province’s infrastructure is essential for the movement of goods and people. Road projects also mean more jobs for Albertans. Feeling frustrated now and then is worth it if there are more jobs and a freer flow of people and goods in the future.

Top 5 road construction projects, Alberta

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