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Aecon Group Inc T.ARE

Alternate Symbol(s):  AEGXF

Industrials Conglomerates
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

Aecon Group Inc > Morneau also says not good for Canada
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Comment by Gabrielon Apr 20, 2024 6:08am
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Post# 35999343

RE:RE:RE:RE:RE:Morneau also says not good for Canada

RE:RE:RE:RE:RE:Morneau also says not good for Canada

The case is strong wouldn't you agree ?

https://www.fraserinstitute.org/article/new-capital-gains-hike-wont-work-as-claimed-but-will-harm-the-economy
 

A big business to start is to buy mansions and rent them for the super rich for six months a year. A lot of them will sell all their assets in Canada and rent for six months as non-residents with zero income tax. A tax payer with 1m in revenue would have 300-350k more to spend as non-residenr. A tax payer with 5m in revenue would have 1.6m more to spend.  You think they will hesitate and want to weather the cold in Montreal and pay that kind. Surely not. The middle class will have to deal with the debt.
 

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