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A Pomerleau-Canam Group joint-venture has finalized a $729-million contract to replace Montreal's Olympic Stadium roof.

Pomerleau-Canam JV Gets $729M Contract to Replace Big O’s Roof

A Pomerleau-Canam Group joint-venture has finalized a $729-million contract to replace Montreal’s Olympic Stadium roof.

CBC reported that the contract was signed in late February. Pomerleau and Canam announced in early February that they had been hired by the Quebec government, which has budgeted $870 million for the project.

Plans call for the two Quebec City-area-based companies to remove and demolish the stadium’s decaying roof and then build and install a new one.

CBC reported that the joint-venture will be responsible for annual roof inspections and repairs for 10 years. The new roof will contain a clear glass top to allow for natural light during the day and views of the stars at night.

The project is slated to be completed in three phases over a four-year span. Canam will added a sixth sports amphitheatre to it project portfolio, said Marc Dutil, the company’s president and CEO.

Built for the 1976 Summer Olympics, the stadium is known as the Big O and Big Owe due to cost overruns associated with the venue and those Games.

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Marc DutilPomerleau

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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