Line 5 Eglinton

AECOM selected as delivery partner for Eglinton Crosstown West Extension in Toronto

Retrieved on: 
Friday, December 22, 2023

AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced it has been selected by Metrolinx to serve as its delivery partner for the Eglinton Crosstown West Extension project, a 9.2-kilometer extension of the upcoming Eglinton Crosstown Light Rail Transit (LRT) from the future Mount Dennis Station to Renforth Drive.

Key Points: 
  • AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced it has been selected by Metrolinx to serve as its delivery partner for the Eglinton Crosstown West Extension project, a 9.2-kilometer extension of the upcoming Eglinton Crosstown Light Rail Transit (LRT) from the future Mount Dennis Station to Renforth Drive.
  • When complete, the project will create a continuous rapid transit line that stretches from Scarborough, through midtown Toronto, and into Mississauga.
  • “We’re honored to partner with Metrolinx to realize this key part of Ontario’s historic transportation vision,” said Richard Barrett, chief executive of AECOM’s Canada region.
  • Plans are also being explored with the Greater Toronto Airports Authority to extend the line to Toronto Pearson International Airport.

Hullmark and BGO Reveal Master Plan for Beltline Yards, A New Landmark in Toronto

Retrieved on: 
Thursday, October 12, 2023

To bring Beltline Yards to life, Hullmark and BGO have convened acclaimed international talent, including Britain's award-winning architecture and urban planning firm, Allies and Morrison.

Key Points: 
  • To bring Beltline Yards to life, Hullmark and BGO have convened acclaimed international talent, including Britain's award-winning architecture and urban planning firm, Allies and Morrison.
  • Hullmark and BGO will be drawing upon generations of expertise in designing and investing in both suburban communities and mixed-use neighbourhoods across the city to ensure that Beltline Yards reflects the spirit and values of Toronto.
  • "Through our partnership with Hullmark, we continue to shift the boundaries on innovative, thoughtful, and sustainability-driven development in Toronto.
  • "By connecting the city to the beltline with this master plan, we are creating a destination that will become a calling card for Toronto."

Canada Used Construction Equipment Market Report 2022-2028: Surge In Renewable Energy Projects, Affordable Housing Schemes, Infrastructure & Public Transit Projects Driving Growth

Retrieved on: 
Thursday, December 8, 2022

Canada used construction equipment market benefited in 2020 due to supply chain disruption of the new equipment market.

Key Points: 
  • Canada used construction equipment market benefited in 2020 due to supply chain disruption of the new equipment market.
  • Recovery in the supply chain of new construction equipment post-pandemic and rising used equipment prices are significant threats to Canada used construction equipment market.
  • The instant rise in housing projects in the country under the affordable housing scheme is expected to drive the demand for Canada used construction equipment market.
  • The constant rise of expenses can be a main restrictive for Canada used construction equipment market growth.

Canada Used Construction Equipment Market Report 2022: Strategic Assessment & Forecasts to 2028 - Large Used Construction Equipment Demand Restricted by Investment in Green Mining Technology - ResearchAndMarkets.com

Retrieved on: 
Monday, December 5, 2022

The "Canada Used Construction Equipment Market - Strategic Assessment & Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Canada Used Construction Equipment Market - Strategic Assessment & Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.
  • After the pandemic, contractors are facing declining cash flows, prompting demand Canada used construction equipment market due to its low price and quick availability.
  • Canada used construction equipment market benefited in 2020 due to supply chain disruption of the new equipment market.
  • Recovery in the supply chain of new construction equipment post-pandemic and rising used equipment prices are significant threats to Canada used construction equipment market.

Aecon’s Steve Nackan Named 2022 P3 Champion by The Canadian Council for Public-Private Partnerships

Retrieved on: 
Tuesday, November 22, 2022

TORONTO, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Today, The Canadian Council for Public-Private Partnerships will celebrate its 2022 Champion Award recipient: Steve Nackan, Executive Vice President & President, Aecon Concessions.

Key Points: 
  • TORONTO, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Today, The Canadian Council for Public-Private Partnerships will celebrate its 2022 Champion Award recipient: Steve Nackan, Executive Vice President & President, Aecon Concessions.
  • Nackan, who has served as a dedicated volunteer member of the Councils board of directors since 2013, will receive the prestigious award at P3 2022 , the 30th anniversary of CCPPPs annual conference.
  • Steve is a deeply respected leader in Canadas P3 infrastructure sector and internationally.
  • The Champion Award is presented by the Council to individuals who have made an outstanding contribution to P3s in Canada.

IBI Group to Support the Design of Toronto’s Ontario Line

Retrieved on: 
Wednesday, September 14, 2022

IBI Group is part of the design team, which will be led by Hitachi Rail STS Canada, Inc.

Key Points: 
  • IBI Group is part of the design team, which will be led by Hitachi Rail STS Canada, Inc.
  • The RSSOM contract is one of several contracts to deliver the Ontario Line, a 15.6-kilometre-long standalone rapid transit line that will connect the Ontario Science Centre to Exhibition/Ontario Place.
  • Were proud to be extending our working relationship with members of the Connect 6ix consortium, Infrastructure Ontario and Metrolinx in delivering transportation solutions for the citizens of Toronto, said IBI Group CEO, Scott Stewart .
  • IBI Group believes that cities thrive when designed with intelligent systems, sustainable buildings, efficient infrastructure, and a human touch.

Bechtel selected as delivery partner for Metrolinx' Ontario Line

Retrieved on: 
Wednesday, December 8, 2021

TORONTO, Dec. 8, 2021 /PRNewswire/ -- Bechtel, one of the world's most respected engineering, construction and project management companies, has been selected as the delivery partner for Metrolinx ' Ontario Line in Toronto , a vital part of plans to create a more connected regional transit system.

Key Points: 
  • TORONTO, Dec. 8, 2021 /PRNewswire/ -- Bechtel, one of the world's most respected engineering, construction and project management companies, has been selected as the delivery partner for Metrolinx ' Ontario Line in Toronto , a vital part of plans to create a more connected regional transit system.
  • The Ontario Line will be the first new subway line project in 50 years with Bechtel bringing its expertise of working in similar urban environments to better maximize opportunities for contractors to deliver the project and engage with community and industry stakeholders to address construction concerns.
  • "Bechtel is extremely pleased to have been selected by Metrolinx as their delivery partner for the Ontario Line in Toronto," said Kelvin Sims, Bechtel general manager, Infrastructure Americas.
  • "The Ontario Line will be part of a truly integrated transit network that will make getting around the city and the entire region easier and more intuitive," said Malcolm McKay, Ontario Line program sponsor for Metrolinx .

Air Canada Reports Second Quarter 2021 Results

Retrieved on: 
Friday, July 23, 2021

MONTREAL, July 23, 2021 /CNW Telbec/ - Air Canada today reported financial results for the second quarter 2021.

Key Points: 
  • MONTREAL, July 23, 2021 /CNW Telbec/ - Air Canada today reported financial results for the second quarter 2021.
  • In the second quarter of 2021, Air Canada increased its ASM capacity by 78 per cent compared to the second quarter of 2020 (a reduction of 86 per cent when compared to the second quarter of 2019).
  • In the second quarter of 2021, Air Canada concluded the following financing transactions:
    On April 12, 2021, Air Canada entered into a series of debt and equity financing agreements with the Government of Canada (acting through Canada Enterprise Emergency Funding Corporation) which allows Air Canada to access up to $5.879 billion in liquidity through the Large Employer Emergency Financing Facility (LEEFF) program.
  • Air Canada excludes special items from EBITDA as these items may distort the analysis of certain business trends and render comparative analysis to other airlines less meaningful.Refer to the "Non-GAAP Financial Measures" section in Air Canada's Second Quarter 2021 MD&A for a discussion of special items relating to the second quarter of 2021.

Bombardier Announces Launch of its New Issuance of Senior Notes due 2026

Retrieved on: 
Thursday, June 3, 2021

MONTREAL, June 03, 2021 (GLOBE NEWSWIRE) -- Bombardier Inc. (Bombardier) today announced that it has launched an offering of US$1,000,000,000 aggregate principal amount of new Senior Notes due 2026 (the New Notes).

Key Points: 
  • MONTREAL, June 03, 2021 (GLOBE NEWSWIRE) -- Bombardier Inc. (Bombardier) today announced that it has launched an offering of US$1,000,000,000 aggregate principal amount of new Senior Notes due 2026 (the New Notes).
  • The net proceeds of the offering of New Notes are expected to be used to finance Bombardiers tender offer for certain of its outstanding 5.750% Senior Notes due 2022 (the 5.750% 2022 Notes), 6.000% Senior Notes due 2022 (the 6.000% 2022 Notes), and 6.125% Senior Notes due 2023 (the 2023 Notes) (the Tender Offer), and the remainder for general corporate purposes, including the repayment and/or retirement of other outstanding debt.
  • Consummation of the offering of the New Notes and of the Tender Offer are subject to market and other conditions, and there can be no assurance that Bombardier will be able to successfully complete these transactions on the terms described above, or at all.
  • The New Notes will be offered and sold in Canada on a private placement basis only to accredited investors pursuant to certain prospectus exemptions.

The Toro Company Declares Regular Quarterly Cash Dividend

Retrieved on: 
Tuesday, May 18, 2021

b'The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.2625 per share.

Key Points: 
  • b'The Toro Company (NYSE: TTC) today announced that its board of directors has declared a regular quarterly cash dividend of $0.2625 per share.
  • This dividend is payable on July 14, 2021, to shareholders of record on June 22, 2021.\nThe Toro Company (NYSE: TTC) is a leading worldwide provider of innovative solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions.
  • Through constant innovation and caring relationships built on trust and integrity, The Toro Company and its family of brands have built a legacy of excellence by helping customers work on golf courses, sports fields, construction sites, public green spaces, commercial and residential properties and agricultural operations.
  • For more information, visit www.thetorocompany.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210518006125/en/\n'