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Songhees Development Corporation and Esquimalt Nation launch G3V with Pomerleau to deliver important infrastructure projects. Jul 14, 2026, 11:00 ET VICTORIA, BC, July 14, 2026 /CNW/ - Songhees Nation and Esquimalt Nation, together with Pomerleau, one of Canada's leading construction companies, are proud to announce the formation of Group of 3 Ventures Limited Partnership (G3V), a majority Indigenous-owned business positioned to play a leading role in major infrastructure projects within Greater Victoria and beyond. Led by the Nations, this initiative brings together complementary strengths and a shared commitment to First Nation leadership, collaboration, and long-term economic participation. G3V will initially focus on near-term opportunities in the defence infrastructure sector, a key federal priority, while also pursuing broader infrastructure projects across Lekwungen Territory. Its first opportunity includes the environmental remediation scope to support the Department of National Defence in the delivery of the A Jetty Project in Esquimalt, British Columbia, a key infrastructure project in providing opportunities for the Nations. This Project is delivered in collaboration with Defence Construction Canada. Songhees Nation and Esquimalt Nation provide deep community knowledge, local relationships, and leadership rooted in the community, while Pomerleau contributes national-scale expertise, technical capability, and a proven track record delivering complex infrastructure projects. These strengths position G3V to pursue and deliver projects in a way that is both highly capable and firmly grounded in community values. The venture draws its name and spirit from ɫx[w]élə, a Lekwungen word meaning "a group of three people". This concept speaks directly to the structure of G3V: three distinct entities united by shared purpose, working together. G3V will begin its work in the Territory, guided by respect for the Songhees and Esquimalt communities. Quotes "This partnership reflects economic reconciliation in action, grounded in Lekwungen leadership and built to deliver real, lasting impact. By bringing together local First Nation leadership and industry expertise, G3V creates meaningful economic opportunities, strengthens regional capacity, and supports the delivery of infrastructure that benefits the South Island region as a whole." - Rob Dick, Corporate Executive Officer of Songhees Development Corporation. "Through G3V, we have established a partnership that ensures Esquimalt Nation and Songhees Nation have a meaningful role in infrastructure projects taking place in Lekwungen territory. This partnership creates durable economic opportunities for Esquimalt Nation while enabling the delivery of projects with the expertise, experience, and capability required for complex infrastructure development." - Chief Jerome Thomas, Esquimalt Nation. "At Pomerleau, we believe the strongest projects are built on the strongest partnerships. G3V is a reflection of that belief: a venture rooted in First Nation, mutual respect, and a shared vision for the communities we serve. We are honoured to work alongside Songhees and Esquimalt communities as we build something meaningful and lasting together in Lekwungen territory." - Daniel Lessard, Senior Vice President, Civil and Infrastructure, West, for Pomerleau. About G3V (Group of 3 Ventures Limited Partnership) G3V is a majority Indigenous-owned business partnership between Songhees Development Corporation, Esquimalt Nation, and Pomerleau. Established to deliver infrastructure projects in Lekwungen territory, G3V is named in honour of ɫx[w]élə, a Lekwungen word meaning "a group of three people." The partnership is built on First Nation leadership, shared values, and a long-term commitment to delivering complex projects that respect land, community, and culture. SOURCE G3V (Group of 3 Ventures Limited Partnership) Media inquiries: Martine Robert | [email protected] | 514-212-7812

Guy Cormier joins Pomerleau's board of directors. Guy Cormier was in attendance at the Leadership Summit of tomorrow, organized by Les Affaires conferences, last December. (Photo: Josée Lecompte Les Affaires) Pomerleau announced on Thursday the appointment of Guy Cormier as a director on its board, in the context of the evolution of its governance. "The presence of Guy Cormier on our board reflects the evolution of Pomerleau and the scope that our organization is taking on a Canadian scale. Beyond his experience at the head of a major financial institution, he stands out for a human, unifying leadership deeply aligned with our values," said Pierre Pomerleau, executive chairman of the board of Pomerleau, in a press release. Guy Cormier served as president and chief executive officer of the Desjardins Movement from 2016 to 2025. Pomerleau reported revenue of more than $6 billion in 2025. The company has 5,000 employees on more than 200 construction sites across Canada. This content was generated in part with the assistance of AI. Refer to articles 9.8 and 9.9 of our Usage Policy for more details. Each text is carefully reviewed, edited, and validated by the Les Affaires journalist team.

Northcrest's YZD redev project starting to become a reality. News | April 6, 2026 | Monte Stewart Canada + Apartment Buildings Northcrest Developments' massive YZD mixed-use redevelopment project in Toronto is no longer just an intriguing concept. The launch of initial enabling construction is setting the stage for the installation of of underground infrastructure and, ultimately, the buildout of the long-term redevelopment project on the former Downsview Airport lands. In other words, YZD is starting to become a reality. "It's seven years in the planning, and we're literally transitioning now from planning to construction," said Beau Brooker, Northcrest's vice-president of construction. "It's a huge milestone, not just for the Northcrest team, but for the City of Toronto as well." Montreal-base Pomerleau has been appointed as general contractor for the first phase, Toronto-based Northcrest announced previously. Spanning 370 acres, the YZD redevelopment is billed as the largest urban redevelopment project in North America. The project will transform the former airport lands into a mixed-use community designed around transit-oriented neighbourhoods, housing, employment and public space in the geographical centre of the Greater Toronto Area. "And, we're just putting the key in the door and starting to unlock it now," said Brooker."And, we're just putting the key in the door and starting to unlock it now. It's great. [These are] exciting times for us. It's great. [These are] exciting times for us." According to Brooker such city-building opportunities do not occur very often. Northcrest is now laying the groundwork for a project that will impact future generations. "The initial enabling works will be finished towards the end of the summer this year, in its totality," said Brooker. "So the enabling works is a smaller scope. Apartmentbuildings is enabling the large infrastructure project. So, the large infrastructure project comes next. That's a multi-year phase of building the veins and the arteries for the new district Apartmentbuildings is creating here. Right now, it's obviously very much infrastructure to support an airport. And, Apartmentbuildings is taking all that out and redefining all the infrastructure, be it below grade or city streets and parks, to support its new [first] future district, the Hangar District." The initial enabling-works phase will prepare the site for future vertical construction and includes building a road dedicated to construction traffic that will connect the site to a nearby major roadway, helping reduce impacts on surrounding neighbourhoods. "And so, all of our construction road is going to not travel through the local community," said Brooker. "It's going to go to a major trunk road called the Allen. we're very acutely aware. And. we have great relationships with our local neighbours. And, so we're constructing a road that all construction traffic is going to use that takes it away from the local community." The early enabling works will also include the construction of stormwater ponds to manage runoff and mitigate flooding risks, along with general site preparation and clean-up. "We're building some stormwater ponds, which are going to manage some of, obviously, the stormwater on the site and just some general site clear-up and getting rid of some airport specific infrastructure that's obviously not relative to what we're trying to achieve in the future," said Brooker. After the early-enabling works are completed in the summer, YZD will begin work on the Hangar District's main infrastructure near the end of 2026. "That in itself is going to take a couple of years," said Brooker. "But before we get to that completion, we can start going vertical and building some of our buildings in the next couple of years." The contract for the early-enabling works is separate from the deal package covering the Hangar District's main infrastructure. "We will be putting the main infrastructure package out to the street later on in the year," said Brooker. Northcrest has been holding public events at existing YZD buildings in the Hangar District area to help keep property-maintenance costs revenue-neutral. But with the early works under way and main infrastructure construction slated to start later in the year, no public events will be held this year in former airplane hangars in the Hangar District, said Brooker. Prior to joining YZD in 2025, he oversaw construction of the ICE District, a major mixed-use redevelopment in Edmonton's downtown area that included a new arena for the NHL's Edmonton Oilers. Once complete, YZD is expected to deliver approximately 35,000 homes and 23,000 permanent jobs, along with more than 70 acres of parks and public spaces across connected neighbourhoods. The development is intended to strengthen housing supply while creating a major new employment hub within Toronto. The site benefits from regional connectivity, with proximity to downtown Toronto, and North York, Ont., Vaughan, Ont., Brampton, Ont and Markham, Ont., as well as Toronto's nearby Yorkdale Shopping Centre, Toronto Pearson International Airport, three TTC subway stations and a GO station. The plan also includes a redesigned two-kilometre runway that will serve as the central spine of the community, transforming the site's aviation heritage into a major public space. Pomerleau leads the enabling-works construction in the Hangar District, the company will work alongside Northcrest and development manager Hines to prepare the site for future phases. The YZD project is expected to unfold in phases over the next three decades and is positioned by Northcrest as a major long-term investment in housing, infrastructure and employment. YZD will ultimately comprise a series of walkable neighbourhoods designed around transit, climate readiness and public space, with the goal of creating a new model for large-scale city building in Canada. Pictured: Former Downsview Airport lands on which YZD will be developed. Photo: Courtesy of Northcrest Developments