EllisDon, one of Canada’s largest construction contractors, has set up an office in St. John’s, NL. Executives of the company think the timing couldn’t be better. “We see very prosperous economic growth in Newfoundland and Labrador,” says Ken Shugarue, hired as the regional manager for the Newfoundland and Labrador branch of EllisDon. The $50-million 500-bed residence at Memorial University in St. John’s is the branch’s first project. Shugarue expects more will come soon, however, as the province and city ride an economic wave.