Northwire Canada EditionFriday, July 24, 2026
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CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 203.92 +0.2% OPW 0.105 +5.0% GRL 0.290 +3.6% AIS 0.150 +0.0% CUU 0.590 +0.0% SOMA 0.690 +1.5% GAL 0.390 +0.0% AUMB 0.610 −4.7% UTWO 0.400 +2.6% GSKR 3.20 −1.5% AVX 0.005 −nan% AII 18.81 −5.5% GWM 0.480 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 203.92 +0.2% OPW 0.105 +5.0% GRL 0.290 +3.6% AIS 0.150 +0.0% CUU 0.590 +0.0% SOMA 0.690 +1.5% GAL 0.390 +0.0% AUMB 0.610 −4.7% UTWO 0.400 +2.6% GSKR 3.20 −1.5% AVX 0.005 −nan% AII 18.81 −5.5% GWM 0.480 +0.0% GEN 0.070 −nan%
Production / Operations

Urban Infrastructure Group Inc. Wins Mandate for 100 Additional New Home Builds in Kitchener, Ontario

UIG · Price

Executive Summary

  • Urban Infrastructure Group Inc. (UIG) was awarded a concrete and drainage contract for a large‑scale residential development in Kitchener, Ontario covering 100 units.
  • The contract is slated to start next month with an expected completion timeline of approximately six months.
  • This win follows a recent ~200‑unit new‑home project in Milton, Ontario, reinforcing UIG’s position in the provincial residential infrastructure market.

Key Details

  • Contract Scope: Concrete and drainage work for 100 residential units in Kitchener, Ontario.
  • Start Date: Scheduled to commence one month from the announcement (early November 2025).
  • Completion Timeline: Approximately six months after start date (target completion early May 2026).
  • Competitive Process: Awarded after a highly competitive bid process despite challenging industry and economic conditions in Ontario.
  • Recent Related Win: ~200‑unit new home project in Milton, Ontario announced in late August 2025; work already underway.
  • Strategic Significance: Enhances UIG’s portfolio of large‑scale master‑planned residential community projects and demonstrates continued demand for its Stage One infrastructure services.
  • CEO Quote: Gary Alves, CEO, highlighted the contract as evidence of UIG’s commitment to quality, efficient delivery, and addressing the supply‑demand imbalance in Ontario’s new‑build housing market.

Notable Quotes

“We are pleased to partner on the Kitchner development,” said Gary Alves, Chief Executive Officer. “The awarding of this contract further recognizes UIG's commitment to quality and efficient delivery of concrete and drainage solutions essential for sustainable communities.”

Read the original news release →

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