Aecon Reconnected E-newsletter
Aecon Group Inc.
Canadian leader in construction & infrastructure development with global expertise.
A nod to our ticker symbol on the Toronto Stock Exchange (TSX), ARE is the official newsletter of Aecon – reconnecting you to all the latest news about our people, projects and programs across our social and digital media channels and bringing it to your inbox.
We are #AeconProud to be helping to build a sustainable future. We're proud of our storied Canadian heritage, the projects we build, the positive impact we make in the communities in which we live and work, and proud of our Safety First culture.
OUR PEOPLE
National Indigenous History Month
June marks National Indigenous History Month. It is a time to recognize and honour the history, cultures and important contributions of First Nation, Inuit and Métis Peoples – but also to reaffirm reconciliation efforts. Aecon celebrated National Indigenous People's Day on June 21. Members of Aecon’s Indigenous Relations team were pleased to attend a Sunrise Ceremony at Toronto’s City Hall. For generations, many Indigenous communities have celebrated this day because of the spiritual significance of the summer solstice as the longest day of the year.
Aecon’s Reconciliation Action Plan (RAP) reaffirms our commitment to collaboratively seek meaningful ways to engage in Reconciliation. Read Aecon’s RAP here.
Welcome Dustin Isaacs
We're excited to welcome Dustin Isaacs as Aecon’s new Executive Vice President and Chief Legal Officer. Dustin brings over 20 years of legal executive, business and leadership experience and will oversee all legal affairs at Aecon as a key member of our Executive Committee. We’re pleased to add Dustin’s wealth of knowledge and leadership as Aecon continues to build a sustainable future.
JOIN OUR TEAM
Aecon is recruiting for a diverse range of roles to work on exciting projects across Canada. We're looking for talented and diverse individuals to join our team. Apply today:
View all opportunities here.
PROJECTS & PARTNERSHIPS
Aecon celebrated breaking ground on the Hydro One Chatham to Lakeshore Transmission Line with Hydro One, government representatives and Indigenous partners.
Led by our Voltage Power team, Aecon will be the construction contractor. A significant portion of the 49-km line will include purchases from Indigenous businesses, with involvement as subcontractors to Voltage. The line will add approximately 400 megawatts of clean electricity to the region, which is enough power to supply a city the size of Windsor. The line is expected to be in service by the end of 2025.
In January, Aecon announced the execution of a six-year alliance partnership with OPG and partners GE Hitachi and SNC-Lavalin to build Canada’s first Small Modular Reactor (SMR) through the Darlington New Nuclear Project (DNNP). Aecon is proud to provide all construction services, including project management, construction planning and execution.
In May, Aecon announced an innovative partnership with E.S. Fox Limited to advance innovative modular fabrication supporting the project. Under a subsequent teaming agreement, Aecon and E.S. Fox will jointly fabricate steel components offsite at Aecon’s fabrication facility in Cambridge and E.S. Fox’s Port Robinson facility. These components will be welded into sub-assemblies and shipped to the DNNP project site, where they will be built into larger modules on-site and used to construct the primary steel structure of the reactor building.
Makhos, an Indigenous owned and operated business, and Aecon, formed the Aecon Makhos Power Seven Generations (AMP7G) joint venture to provide an Indigenous-led solution for high voltage transmission, distribution and substation work, and related maintenance on utilities and nuclear projects in Ontario.
Combining the Indigenous staffing and training experience of Makhos with the construction, project management, power transmission, distribution and substation capabilities of Voltage Power, an Aecon company, AMP7G will initially perform work as a subcontractor to Aecon on existing utilities and nuclear projects.
Shoreline Power Group, a joint venture in which Aecon is the lead partner, was awarded a $1.3 billion Fuel Channel and Feeder Replacement (FCFR) contract by Bruce Power for Units 4, 5, 7 and 8 at the Bruce Nuclear Generating Station in Tiverton, Ontario.
The award for Bruce Power’s four remaining units comes as Shoreline Power Group and Bruce Power also achieved substantial completion on the Unit 6 refurbishment on-time and on-budget, remaining on track to return the unit to service in the fourth quarter of 2023. As work continues to progress on Unit 3, the joint venture is now contracted to execute FCFR work on all six of Bruce Power’s units.
Aecon was selected by Alberta Transportation and Economic Corridors to deliver the Deerfoot Trail Improvements project in Calgary, Alberta under two contracts with an aggregate value of $615 million.
Deerfoot Trail is Alberta’s busiest highway and the scope of work includes construction of additional lanes, seven new bridges, and improvements to ramps and interchanges from Douglasdale Boulevard to north of Glenmore Trail. The scope of work also involves improvements at Beddington Trail Northwest and 11th Street Northeast, including adding an additional lane in the north and southbound directions, and constructing a ramp to connect 11th Street with Deerfoot Trail North and Beddington Trail.
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SUSTAINABILITY & AWARDS
Sustainability Panel
Read the complete 2022 Sustainability Report here.
Road to Net-Zero Podcast
Road to Net-Zero is Aecon’s official sustainability podcast. Listen in as we ask Bob Oliver , Partner at Change Energy , about the applications of hydrogen and how it can support sustainability goals.
National Equity, Diversity & Inclusion Award
Congratulations to Mosaic Transit Group for winning the national Equity, Diversity & Inclusion Award of Excellence from the United Brotherhood of Carpenters. Mosaic’s work on the Finch West LRT project was recognized at an event in St. John’s, Newfoundland & Labrador.
Aecon-Wachs Supplier Excellence
The Aecon - Charlotte Operations AIML team was recognized at Toyota’s Annual Business Meeting Awards Ceremony for Indirect Supplier Excellence in Construction, Machinery, and Equipment.
Institute for Sustainable Infrastructure Envision Bronze award
The York Region 2nd Concession Improvements project won the Institute for Sustainable Infrastructure Envision Bronze award.
2023 Innovation Excellence in Civil Engineering Award
Aecon won the 2023 Innovation Excellence in Civil Engineering Award – presented by the Canadian Society for Civil Engineering / La Société canadienne de génie civil to Roger Arsenault , VP Major Projects, Eastern Canada during the annual conference in Moncton. This award recognizes the innovation excellence of Aecon’s Connect Cité partnership for its safe rock excavation solution on the YUL Montréal-Trudeau International Airport REM Station project.
INVESTOR RELATIONS
Annual General Meeting
Aecon held its 2023 Annual General Meeting at its Toronto Headquarters on June 6, 2023. On behalf of Aecon’s Board of Directors, John M. Beck, Chairman, was pleased to announce the appointment of Stuart Lee to Aecon’s Board.
Click here for voting results from the meeting and the full news release.
CIRI Conference
We were pleased to participate in the Canadian Investor Relations Institute (CIRI) Conference from May 28-30. President & CEO Jean-Louis Servranckx joined a panel discussing Unlocking the Value of IR – Becoming a Valued Strategic Partner to the C-Suite & Board. Adam Borgatti, SVP of Corporate Development & IR, and Chair of CIRI’s Board of Directors also moderated the Measuring Success – IR Program & Personal Success panel.