Aecon Group wins C$290m contract for Eglinton Crosstown West Extension in Toronto

Aecon Group Inc. (TSX: ARE) has announced a significant milestone in Toronto‘s transit development with a C$290 million design-build contract from the Ontario government for the Eglinton Crosstown West Extension (ECWE) project’s Elevated Guideway. This substantial contract value will be added to Aecon’s Construction segment backlog in the fourth quarter of 2023.

Project Scope: Design and Construction of Elevated Guideway

The project involves designing and constructing a 1.5-kilometre elevated guideway along Eglinton Avenue West, extending from east of Jane Street to west of Scarlett Road. The construction is slated to start in early 2024 and is expected to be completed by 2028. This guideway will be a pivotal segment of the 9.2-kilometre extension of the Eglinton Crosstown Light Rail Transit (LRT).

The Eglinton Crosstown LRT Extension: Connecting Communities

The Eglinton Crosstown LRT extension, from Mount Dennis in the east to Renforth Drive in the west, is a key infrastructure development for Toronto. It will feature essential connections to UP Express, Kitchener GO train services, and various bus services including TTC, GO, and MiWay, significantly improving mobility and reducing commute times in the area.

Aecon Group Inc. to Enhance Toronto Transit with New Eglinton Crosstown LRT Extension

Involvement of Indigenous Communities in the Project

Aecon Group Inc. plans to involve Indigenous communities in this project. The company will subcontract early works to Aecon Six Nations (A6N), a partnership between Six Nations of the Grand River Development Corporation and Aecon. Additionally, Aecon will support Metrolinx in exploring partnerships with Indigenous-owned businesses during the project.

Aecon’s Commitment to Community and Mobility Enhancement

Jean-Louis Servranckx, President and CEO of Aecon Group Inc., expressed enthusiasm for the company’s expanded role in this crucial transit extension. He emphasized Aecon’s commitment to improving community mobility and leveraging their expertise in complex transit projects to ensure successful project execution while collaborating with local and Indigenous communities.