Ford to spend $740M on Detroit redevelopment plans
Land development arm to seek $250 million in tax incentives to help offset the cost.
Aecon receives approval to rejoin Gordie Howe bridge consortium
Follows federal review of a now blocked takeover by a Chinese state-owned company.
Alberta going to court, accused of breaking trade rules on $482M road contract
Involves a deal with Emcon Services to plow snow from and maintain 43% of Alberta’s highways.
Alberta and roadbuilders feud over $500M deal involving BC firm
Association says such a contract would violate interprovincial free trade rules and lead to court action.
Aecon joint venture wins Enbridge Line 3 replacement contract
Includes 92.2 km of pipeline in Brandon area and 96.5 km near Morden, Man.
Trans Mountain outlines construction plans for Alberta, BC
Work will include development of the Westridge Marine Terminal tunnel portal at Burnaby Mountain.
SNC Lavalin gets contract to design, deliver $1.9B chemical plant in Oman
Plant is expected to produce polyvinyl chloride, used to make rigid plastic pipes.
Canada blocks Aecon takeover by Chinese state owned firm
National security cited following a full review under the Investment Canada Act.
Developer pushes back construction of Nova Scotia rocket launch site
$200-million project could eventually see as many as 12 satellites blast into orbit per year.
Aecon reports loss of $19.2M, takeover deal still unresolved
Booked $910 million in new contract awards in the quarter ending March 31.
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.
Savings review for Gordie Howe bridge ordered over cost concerns
Federal spending projections account for some $4.8 billion in costs.
[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.
Cabinet steps up security review of Chinese takeover of Aecon Group
Based on advice from national security agencies that there’s a potential injury to national security.
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.