Interest rates: frozen. Terminal 2: finally has a builder. And Beedie's moving dirt in Surrey.
Episode 8 of ICBA Coffee & Construction — the news that matters to the people who build British Columbia and Alberta, with ICBA's Jordan Bateman. On today's show:
☕ The Bank of Canada holds its key rate at 2.25% — what the freeze means for your operating line and equipment loans
🏗️ THE BIG ONE: The Port of Vancouver picks TerraMarine — Aecon, FlatironDragados, Van Oord and Carlson — to build the Roberts Bank Terminal 2 landmass and wharf. A decade of paperwork, and now the biggest port build in the country is real
🛢️ Pipeline week: Smith and Ford unveil the 3,300-km Northern Shield route from Hardisty to Sarnia — and Thursday, Calgary hears the next steps on the West Coast oil pipeline, with Mark Carney reportedly in the room
🚧 Beedie breaks ground on 60 acres and a million square feet of industrial space in Surrey
📉 A sentence we never thought we'd say: B.C.'s population is shrinking. ICBA Chief Economist Jock Finlayson and Ken Peacock on what that means for everyone who builds
📊 Get the ICBA Economics briefing — the most helpful email you'll get all week: https://icba.ca/economics
Read more on today's stories:
Terminal 2 contractor: https://canada.constructconnect.com/joc/news/infrastructure/2026/07/contractor-awarded-landmass-wharf-contract-for-roberts-bank-terminal-2-project
Northern Shield pipeline route: https://canada.constructconnect.com/dcn/news/projects/2026/07/premiers-smith-ford-unveil-proposed-west-east-oil-pipeline-route
Beedie in Surrey: https://storeys.com/beedie-south-campbell-heights-groundbreaking/
Jock & Ken's op-ed: https://icba.ca/economics-blog/op/ed-population-decline-exposes-b.c.s-growth-problem-1
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ICBA is Canada's largest construction association — the voice of B.C. and Alberta's open-shop builders: https://icba.ca
#construction #bcpoli #abpoli #BritishColumbia #Alberta #pipelines #PortOfVancouver #Surrey #ICBA
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