Construction
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Aecon reports loss of $19.2M, takeover deal still unresolved
Booked $910 million in new contract awards in the quarter ending March 31.
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Construction robots weld, bolt, lift to beat worker shortage
If they work successfully, the robot will help reduce safety risks and long hours for construction workers.
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Savings review for Gordie Howe bridge ordered over cost concerns
Federal spending projections account for some $4.8 billion in costs.
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[UPDATE] Aecon security review extends deadline to complete CCCI deal
Was to wrap last week after 45 days, Bains won’t say if the review is extended, or what’s being examined.
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Aecon sale faces federal reviews encountered by Potash Corp., Norsat and others
Cabinet has ordered a further investigation of the deal under the Investment Canada Act.
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Federal government gave millions to Irving’s Atlantic Wallboard subsidiary
Records show drywall manufacturer has not been required to repay at least $35 million.
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New Montreal bridge currently being built had 2,000 defects: report
Defects include porous steel plates; incomplete or non-existent soldering; defective bolts.
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Liberals warned to be careful before approving China bid for Calgary’s Aecon
But rejecting the deal would anger China, which is anxious to start free trade talks with Canada.
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Trudeau on pace to lead all PMs in per-person federal debt
Based on accumulation outside world wars or economic recessions.
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Softwood dispute will only push cost of rebuilding Houston higher: Scotiabank
At least 200,000 houses damaged by the hurricane; ultimate cost will reach upwards of $150 billion.
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Canadian construction giant Aecon looking for a bidder
Analyst says only a handful of global companies that could make a serious bid; likely at least $1.5 billion.
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Prosecutors: Workers rescued from forced labour in California
Man charged, faces up to 10 years in prison and a $250,000 fine.
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Structurlam first Canadian company certified to SFI green standard
Will use certification to expand its timber products into new markets.
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Canada and US still ‘very far apart’ on softwood lumber: Freeland
Levies on Canadian softwood sent to the US currently range from three to 24%.
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Cement multinational CEO resigns after Syria deals
Company funnelled money to armed groups to guarantee safe passage for employees and to supply its plant.
