I look forward to my new position as Chair for AMBA. I would like to thank John Weran for his commitment and hard work over the years as the Chairman. John will be staying on the board as a director and part of the golf committee.
Executive Director Report: Summer 2021
What an unprecedented time the world has just gone through! After close to 18 months of battling COVID-19, Canada is starting to see a light at the end of the tunnel. On July 1st, Alberta removed the majority of the health restrictions. However, the dark cloud of variants still lurks. The key weapon in the battle is vaccination and thankfully Alberta's vaccination numbers improve daily. Alberta still very much relies on the energy sector. With oil prices breaking $75/barrel there is new optimism in the oilpatch. As the various energy companies return to profitability we will see dollars reinvested, creating jobs and economic growth. At the same time natural gas pricing has recovered. Supply is at low levels and demand has been growing. The hydrogen sector is heating up and attracting both government and private sector investment. Combined they will be a significant economic driver for Alberta. The demand for construction services should start to see some tangible increases.
State of the Industry: July 2021
According to the Conference Board of Canada, Canadians’ savings increased from 1.4% pre-pandemic to 14.8% in 2020. This massive accumulation of savings will result in an economic rebound led by household consumption, with expected economic growth of 6.1% this year and 3.5% in 2022. With higher energy prices and increased manufacturing production, Alberta’s GDP is expected to be higher than the national average at 7.2% for 2021 and 5.6% for 2022.
Project Profile: Refrigerative Supply (RSL)
AMBA Featured Member: Kingspan Insulated Panels
Kingspan is the world's #1 manufacturer of insulated metal panels and architectural panel systems.
At Kingspan Insulated Panels, we are pioneering better technologies and methods of building for a low carbon world. Improving building performance, construction methods and ultimately people’s lives – that’s what drives us. Energy efficiency and a sustainable future are at the heart of our innovation, from making the industry’s most thermally efficient core for our insulated metal panels, to producing the most airtight interfaces, to providing technical and field-service support on how to build optimally.
QuadCore Technology by Kingspan
AMBA Featured Member: Clark Builders
Clark Builders is one of Canada's top 10 general contractors and part of the largest construction organization in North America, serving public assembly, sports and recreation, commercial, retail, hospitality, industrial, and institutional market sectors. Through an ownership structure comprised of our employees and our partner, Turner Construction Company, which is one of North America's leading builders, we maintain the culture of an intimate company with the distinct capabilities of an international firm
AMBA Featured Member: Bay Insulation Systems
Bay Insulation Systems of Canada ULC is a Manufacturer and Distributor of insulation products and accessories. With over 30 years of insulation experience, and 24 facilities strategically located throughout North America, Bay is well positioned to competitively supply Metal Building Insulation products that comply with stringent Canadian Energy Codes. In addition to traditional laminated products, Bay also supplies Expi-door and related building materials to general contractors, manufacturers and building owners of Engineered Metal Building Systems.
Project Profile: Mercury Plastics Warehouse Expansion
Clark Builders was contracted to construct a pre-engineered expansion to Mercury Plastics’ Edmonton Warehouse. The facility is a hub for the production of construction products and industrial and consumer packaging.
