Bridge Development
The debate did not end with the 1988 plebiscite and the federal government faced numerous legal challenges and a lengthy environmental impact assessment for the project. The developer of the single bridge proposal, Strait Crossing Development Inc., was selected and an announcement that the Northumberland Strait Crossing Project would be built was finally made on December 2, 1992; the developer being required to privately finance all construction through bond markets.
Shareholders of Strait Crossing Development Inc. include:
- OMERS, an Ontario public servant pension fund
- VINCI Concessions Canada Inc., Montreal, Quebec
- BPC Maritime Corporation, Toronto, Ontario
- Strait Crossing Inc., Calgary, Alberta (subsidiary of W. A. Stephenson / Stephenson Construction International (SCI) Engineers & Constructors Group of Companies)
- Ballast Nedam Canada Limited, Edmonton, Alberta
Read more about this topic: Confederation Bridge
Famous quotes containing the words bridge and/or development:
“I see four nuns
who sit like a bridge club,
their faces poked out
from under their habits,”
—Anne Sexton (1928–1974)
“Somehow we have been taught to believe that the experiences of girls and women are not important in the study and understanding of human behavior. If we know men, then we know all of humankind. These prevalent cultural attitudes totally deny the uniqueness of the female experience, limiting the development of girls and women and depriving a needy world of the gifts, talents, and resources our daughters have to offer.”
—Jeanne Elium (20th century)