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Aecon Group Inc T.ARE

Alternate Symbol(s):  AEGXF

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.


TSX:ARE - Post by User

Comment by Gabrielon Jan 05, 2024 4:54am
108 Views
Post# 35811931

RE:RE:RE:Gordie Howe $700 Million More

RE:RE:RE:Gordie Howe $700 Million More

The budget has been increased means the owner recognizes that the consortium is entitled to a compensation in this case 700m based on a presumed claim we placed, With the increased budget comes a time extension whereby the penalties are waived in this base for almost a year since we are entitled to the time extsnsion of almost a year as a result of our claim. These are excellent news. Considering that the REM is going fine with CDPQ, and that Finch and Eglinton are almost done, we should gradually close the 12 to15$ price gap. Time is on our side. 

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