Aecon Group Inc. said Thursday its infrastructure division has signed two highway and road construction contracts worth $75.4-million.
The Toronto-based company said the agreements include one with Parks Canada for $46.7-million to add more lanes to the Trans Canada Highway in Banff National Park.
Aecon said it will "twin" the lanes of the highway for a 6.2-kilometre stretch west of Lake Louise to the provincial border with Alberta and build three bridges.
The other contract is with the City of Calgary to construct a six-lane extension that links the road 96 Avenue NE with the Deerfoot-Trail Airport Interchange.
Aecon said the contract also includes constructing four bridges over Nose Creek and the Canadian Pacific Rail tracks, as well as storm water facilities and sanitary sewers.
"These high-profile projects are a great fit for Aecon, and demonstrate our extensive experience in constructing highways while maintaining the ecological integrity of the areas," said the infrastructure group's chief executive officer Teri McKibbon.
"Aecon's strength and experience, alongside our reputation for working on such projects, make Aecon a great partner for both the City of Calgary and Parks Canada."
The company said both projects are already under way and should be completed this summer.
| Security | Price | Change | |
|---|---|---|---|
| ARE-T Aecon Group | 11.08 |
0.10 0.911% |
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