Aecon Surges After Chinese Ownership Bid Blocked

Aecon’s stock price has moved sharply higher following second-quarter earnings

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Aecon Surges After Chinese Ownership Bid Blocked — A view of the Detroit River International Crossing, to be named the Gordie Howe International Bridge, in Windsor, Ontario in this file photo. Aecon pulled out of the running to work on its construction due to potentially being bought by a Chinese state-owned enterprise. The Canadian Press/Dave Chidley

Rahul Vaidyanath

Journalist

8/8/2018|Updated: 8/8/2018

NEWS ANALYSIS

As the Canadian economy keeps humming along, infrastructure and construction needs have been rising, and Aecon stands to profit.

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Rahul Vaidyanath

Journalist

Rahul Vaidyanath is a journalist with The Epoch Times in Ottawa. His areas of expertise include the economy, financial markets, China, and national defence and security. He has worked for the Bank of Canada, Canada Mortgage and Housing Corp., and investment banks in Toronto, New York, and Los Angeles.