Turner & Townsend

Meeting growing demand in Canada

Date: 13 October 2011

Canada has ranked number one in Forbes' annual ‘Best Countries for Business’ list, rising four places on the previous year to take the top spot.

Gerard McCabe, Managing Director of our Canadian operations, commented, "Canada has proven particularly resilient in the face of the recent global economic pressures which have hit so many other countries hard. Prudent financial regulation helped to insulate the banking sector from the problems being faced elsewhere, avoiding the need for bailouts and meaning that Canada's banks were some of the first to emerge from the crisis. Commodity prices also helped the economy, with large natural resource deposits securing a strong pattern of investment.

"With Forbes' figures showing a return to 3.1 percent GDP growth, Canada is back in good shape and Turner & Townsend’s presence there is growing to meet the demand. Two new offices in Vancouver and Ottawa have joined our existing offices in Toronto and Calgary. We are working with more clients in the country than ever, including many of the mining and metals companies who are so benefitting from the boom in commodity prices. We are also supporting local and global clients in the automotive, retail, leisure and hospitality and property sectors, some of whom are organisations which we support across the world such as Nissan and BarCap. We have also been involved with public-private partnerships (P3) procurement since its inception in the UK, and this is an area in which we are expecting to see increased investment over the next few years.

"We look forward to continuing our journey in the region and are dedicated to maintaining the high standards of added value that we have become known for both in Canada and around the globe."