David A
Senior Member
With oil prices low for many of months and the deficit now way over 5 billion, I am fairly skeptical that all of what has been announced will actually go ahead, but I suppose we will see.
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- Thread starter Stevey_G
- Start date
Out of Towner
Active Member
"Manitoba Institute of Trades and Technology closes after international student drop"
Some will say that this is good thing because rental prices are too high. Quite sure that was a position of some on here.
Some will say that this is good thing because rental prices are too high. Quite sure that was a position of some on here.
johnnyboy
Active Member
Rumour mill puts Norquest's budget shortfall this year at between $4-5mil from what I heard, after their international numbers tanked. They haven't published their FLE counts in the past two years, coincidentally enough. How this project is getting greenlit right now is beyond me. Advanced Ed and Infrastructure must be asleep at the wheel.
IanO
Superstar
HOCHTIEF
160,267 followers
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Follow
Shaping the next generation of Alberta’s Workforce
Our colleagues from Clark Builders, a subsidiary of HOCHTIEF’s U.S. company Turner Construction Company, are actively advancing the design, planning, and costing required to bring NorQuest College’s new Career Skills Center in Edmonton closer to construction.
Planned as a modern education hub on the downtown campus, the center will offer hands-on learning environments across approximately 35,000 square feet—from classrooms and labs to open collaboration spaces—designed to meet high standards of sustainability and accessibility.
Dedicated areas for Indigenous learning and support will foster inclusion and cultural understanding. The new facility will create capacity for around 3,500–4,000 additional full-time learners each year, strengthening Alberta’s future workforce.
More information: https://lnkd.in/d7b3Djuc
:
Clark Builders
160,267 followers
4d •
Follow
Shaping the next generation of Alberta’s Workforce
Our colleagues from Clark Builders, a subsidiary of HOCHTIEF’s U.S. company Turner Construction Company, are actively advancing the design, planning, and costing required to bring NorQuest College’s new Career Skills Center in Edmonton closer to construction.
Planned as a modern education hub on the downtown campus, the center will offer hands-on learning environments across approximately 35,000 square feet—from classrooms and labs to open collaboration spaces—designed to meet high standards of sustainability and accessibility. Dedicated areas for Indigenous learning and support will foster inclusion and cultural understanding. The new facility will create capacity for around 3,500–4,000 additional full-time learners each year, strengthening Alberta’s future workforce.More information: https://lnkd.in/d7b3Djuc
:Clark BuildersHelpEd
New Member
From a financial standpoint, I don’t see how this moves forward right now. Yet we keep seeing updates and a lot of optimism. Realistically, I doubt Danielle Smith is putting a single dollar toward this at the moment.
inclusion
Active Member
The planning and design were funded in this year's budget at $4M.
We will likely know by the end of the month whether construction is funded or being pushed out. I'm betting on the latter. Likewise, NAIT's ASC is only funded for planning at this point, and budget 2026 was supposed to be another $21M for further planning.
My guess is that we see more dollars for planning, but not for construction, or that construction funding is spread across several years.
ryspot
New Member
Funding for this and the ACP will become a carrot for the UPC to dangle for when an election is called in 16 months.(or sooner). I think they'll get it to a planned stage and then tie funding to reelection.
MacLac
Senior Member
NAIT is happening this year…..
inclusion
Active Member
Contingent on capital funding from the GOA budget, which isn't public yet. While construction may start on these projects, the end dates are likely to be pushed further out, especially if the province runs deficits of $6-$8B over the next three years. The last estimate was $6.5B; I don't think that number has gotten any better.
archited
Senior Member
Oil prices are expected to settle in the $70 -- $75 USD range which should positively impact Alberta's budgetary concerns.
MacLac
Senior Member
Saddlebags Smitty is panicking, rightfully so, forget the stats but our tradsmen/men workforce is gonna be a shell of what it so now…..with $20B CNRL planning to spend along with Suncor’s double expansion of Firebag and Lewis starting sooner than later. Sadly, our recently minted Canadians are not coming in with enough trade skills to make a dent…..
ChazYEG
Senior Member
The lack of skilled tradesmen amongst immigrants, especially those from developing countries, stems from the fact that culturally, trades (or any kind of manual labour) tends to be very undervalued in these countries, unlike North America or Europe. It would be interesting if the government shifted the focus of attracting students for grad schools to a more balanced approach with trade schools. Currently the only student visas that give anyone a pathway for Permanent Residency and Citizenship is grad school or 4-year undergraduate programs on publicly funded universities, it would be in the country's best interest to extend that to skilled trades programs too (and leave out just the 1 and 2 year diplomas and certificates, and any education not done on publicly funded institutions), and I'd go even further, I wouldn't be mad if there was better financial support for ALL students going into trade schools. This is the kind of thing that raises the country's productivity a lot, generates lots of value and creates lots of jobs.
inclusion
Active Member
Depends on who you prescribe to and what you think will happen geopolitically the next 24-36 months.
OPEC generally has a price target of $80, but Trump has stated a lower target, and it's no secret that his Administration is manipulating markets for financial gain, so I expect more price volatility over the next few years. That said, no one is going to touch Venezuela with a ten-foot pole any time soon.
Last time this happened, the PCs pushed projects way out or delayed them until prices corrected. Will be an interesting budget to see what they prioritize.
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StoneCutter099
New Member
Really straying off topic here...
Re the funding for the project, we'll see what happens in the Legislature on February 26. Everything else between now and that time is opinion and speculation.
Re the funding for the project, we'll see what happens in the Legislature on February 26. Everything else between now and that time is opinion and speculation.
Gronk!
Senior Member
Can't wait to visit this park during the summertime
