The January 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 first Market Update for 2022 includes 39 projects, with 24 projects in pre-procurement and 15 in active procurement, totalling an estimated $60 billion in contract value.

The list also includes 14 additional government-announced projects in early stages of planning and determining the project’s scope, timing and delivery model.

IO continues ongoing productive discussions with the industry as we move forward on this large portfolio of projects and we are pleased to provide the latest information on changes in the procurement status of our projects.

Market Update - January 2022