Aecon Adds C$649 Million to Its Q3 Construction Backlog for the Metrolinx GO Expansion Project

Aecon Group (ARE.TO) said Thursday it will add C$649 million to its construction-segment backlog for the fiscal third-quarter after its joint venture with FCC Canada, ONxpress Civils Contractor General Partnership, secured contracts with Metrolinx for the GO Expansion project in Ontario.

The balance of Aecon's share of $65 million was added to its backlog in the second quarter, a statement added.

"The GO Expansion program is one of the largest infrastructure investments in Canada - transforming transit across growing regions, providing economic benefits, improving mobility, and more efficiently connecting communities for decades to come," said chief executive Jean-Louis Servranckx.

Aecon shares were last seen up C$1.12, or 2.5%, to C$45.08 on the Toronto Stock Exchange.

Price: $45.08, Change: $+1.12, Percent Change: +2.55%

EQB Q3 Adjusted Earnings Rise but Miss FactSet Estimates; Revenue Jumps 27%

EQB (EQB.TO) after market close on Wednesday reported fiscal third-quarter adjustedearnings per share of C$2.12, up 2% on year-over-year basis, but missing the FactSet consensus estimate of C$2.21.Adjusted revenue in the quarter ended on July 31 surged 27% annually to C$393.0 million, exceeding the FactSet consensus of C$370.2 million.The bank holding company raised its provision for credit losses to C$302.98 million from C$33.97 million.EQB also declared a dividend of $0.63 per common share payable on Sept. 29 to shareholders of record as of Sept. 15, representing 3% and 15% increases from the dividends paid in June 2026 and Sept. 2025, respectively.Its shares closed up C$3.27 to C$137.87 on Toronto stock Exchange on Wednesday.

$EQB.TO

Quarterhill to Raise $35 Million in Private Placement of Shares

Quarterhill (QTRH.TO) plans to raise $35 million in a private placement of shares, the company said after trade on Wednesday.Quarterhill will issue 14.1 million shares at $2.48 each. The underwriters have also been granted a 15% over-allotment option, which will increase proceeds by approximately $5.3 million if exercised in full.The offering is expected to close by Sept. 16.Proceeds will be used for general working purposes.Quarterhill shares closed down C$0.04 at C$2.71 on the Toronto Stock Exchange.

$QTRH.TO

Aecon Adds C$649 Million to Its Q3 Construction Backlog for the Metrolinx GO Expansion Project

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