Buying Aecon would quickly open the door for CCCI to learn the ways of the P3 market in North America.

Alone or teamed with other builders Aecon has developed seven P3 projects in Canada, two in Israel, and one in Ecuador.

Aecon is currently teamed with ACS as both an equity investor and jv contractor for a $7.8-billion DBFM rail project they won in 2015 to build the Eglinton Crosstown line in Toronto. Metro Toronto has announced a major investment in transit, and Ontario’s 2017 budget includes $156 billion for infrastructure, a third of that for transit and $26 billion for highways.