The May 2022 Market Update affirms Ontario’s historic commitment to modernizing the province’s public assets, including hospitals, highways, public transit, children’s treatment centres, courthouses and correctional facilities.

IO’s second Market Update for 2022 includes 38 projects, with 26 projects in pre-procurement and 12 in active procurement. The list also includes 17 additional government-announced projects in early stages of planning and determining the project’s scope, timing and delivery model.

The past two years have been unprecedented in the challenges faced across Ontario and around the world in response to the global pandemic. Our work with industry partners has required a resilience and level of collaboration that is equally unprecedented. Infrastructure Ontario thanks its partners for helping to advance the largest, most complex public projects amidst so much adversity.

Market UpdateLetter from Michael Lindsay, President and Chief Executive Officer