Aecon partnership reaches financial close on the Port of Montreal Expansion in-water works project in Contrecoeur

Core Insights - Aecon Group Inc. has reached financial close on a $609 million design-build contract for the Port of Montreal Expansion project, in partnership with Pomerleau [1][3] - The project will enhance terminal capacity, supporting economic growth and international trade in Canada [3][4] Project Details - The contract includes preparatory work, dredging, and construction of dock infrastructure, with construction expected to start in 2026 and complete by 2030 [2] - Aecon's share of the contract will be reflected in its Construction segment backlog in Q4 2025 [1] Strategic Importance - The Contrecoeur terminal will be the largest container port in Eastern Canada, solidifying the Port of Montreal's status as a key transshipment center [4] - The terminal will connect to major rail and highway networks, addressing the needs of Canadian importers and exporters [4]