Third quarter revenues reached a record $707 million, with increases reported in each of the four operating segments due primarily to the recent acquisitions of Lockerbie & Hole and South Rock, both in Alberta. Gross margin (representing revenues less direct costs and expenses) increased from $68.7 million (12.8% of revenues) in the third quarter of 2008 to $76.2 million (10.8% of revenues) in the third quarter of 2009. Join discussion...

"This new ring road is the concrete result of a forward-thinking vision that began 30 years ago," said Premier Ed Stelmach. "The foresight to start planning the transportation and utility corridors back then is paying dividends for Albertans today and will continue to benefit Albertans in the future. Stoney Trail represents our commitment to providing the infrastructure Alberta needs to support the province's economic growth and prosperity Join discussion...

CUPE Nova Scotia says it will fight any attempts by the provincial government to implement new public-private-partnerships - better known as P3's. CUPE Nova Scotia President Danny Cavanagh says, "We were quite surprised to read a newspaper story last week saying that the Dexter government would be asking Stephen Harper to help pay for two public-private partnership projects. Join discussion...

Four high schools to be built across the province, including one in Calgary, will cost taxpayers $40 million less than expected, Alberta's education and infrastructure ministers said Wednesday. The combined price tag for the schools slated for northwest Calgary, Edmonton, Sherwood Park and Spruce Grove came in at $96.7 million. Join discussion...

Those are magic words for politicians in a province where ballooning construction costs for public projects -- think fast ferries and the Vancouver Convention Centre expansion for a start -- have plagued successive governments. With the official opening of the Sea to Sky Highway in good time for the 2010 Olympics, those words are being uttered with delight by the Liberal politicians who signed off on what was at the time the largest single highway contract in provincial history. Join discussion...

Could there be some untapped revenue sources to fill funding gaps so Evergreen Line construction could proceed? That was the question posed to B.C.’s transportation minister this week and the answer seems to be “maybe.” Shirley Bond said she hasn’t ruled out a public-private partnership (P3) for the Evergreen Line, which is facing a funding gap of about $673 million. Join discussion...

At the centre of the negotiations representing the consortium is Canadian law firm Davies Ward Phillips & Vineberg, which has been working on the project since 2006, explains Greg Southam, a Toronto partner in the private public parternships practice. "First deals are a lot of fun. You really get to work through risk allocations," he says. Read more: http://www.financialpost.com/news-sectors/legal/story.html?id=2125994#ixzz0UYO6ddUR The New Financial Post Stock Market Challenge starts in October. You could WIN your share of $60,000 in prizing. Register NOW Join discussion...

Canadian governments looking for funding to boost their public-private partnership infrastructure efforts have until Oct. 30 to apply to a new federal fund for help. PPP Canada, a federal organization, launched the P3 Canada Fund in September as part of a $1.2-billion mandate the group has to support the P3 or alternative finance model in infrastructure projects in Canada. Read more: http://www.financialpost.com/news-sectors/legal/story.html?id=2125995#ixzz0UYNSbqbJ The New Financial Post Stock Market Challenge starts in October. You could WIN your share of $60,000 in prizing. Register NOW Join discussion...

407 International Inc. announced today revenues of $156.6 million for the third quarter ended September 30, 2009 compared to $152.9 million for the same period of 2008. Earnings before interest, taxes, depreciation and amortization ("EBITDA"(1)) totalled $128.3 million for the third quarter of 2009 compared with $125.7 million for the same period of 2008. The Company reported net income of $12.9 million for the third quarter of 2009 compared with net income of $60.3 million for the same period of 2008 due to unfavourable net non-cash adjustments relating to inflation-linked financial instruments. Join discussion...

Heenan Blaikie has been busy this summer adding depth and bench strength to its national Infrastructure and Public-Private Partnerships Practice Group and Construction Practice Group. Four senior lawyers have joined the groups in recent months, Geza Banfai, Joel Watson, and Howard Krupat in Toronto and Roger Stuart in Montreal. They join a team of more than 30 lawyers in Quebec, Ontario, British Columbia and Alberta who provide advice on all aspects of infrastructure projects including public-private partnerships, project development, financing, construction, energy, government relations, procurement, litigation, labour and general corporate matters. Join discussion...