PCA Opposes Sale of Aecon to Foreign State-Owned Enterprise
Edmonton (February 8, 2018) – The Progressive Contractors Association of Canada (PCA) is urging the Federal Government not to approve the sale of Aecon to China Communications Construction Co. Ltd. (CCCC)
“PCA is a strong advocate of fair and open construction tendering,” said Darrel Reid, VP Public Affairs of the Progressive Contractors Association of Canada (PCA). “We are adding our voice to a growing group of builders, safety and public policy experts who view this potential takeover with great concern. Canada has built a strong, competitive construction sector. Opening the door to a foreign state-owned entity with a global reputation for questionable business practices could seriously undermine our industry.”
The Federal Government is reviewing the takeover under the Investment Canada Act.
About the Progressive Contractors Association of Canada (PCA)
With offices in BC, Alberta and Ontario, PCA is the voice of progressive unionized employers in Canada’s construction industry. Our member companies are responsible for 40 percent of energy and natural resource construction projects in British Columbia and Alberta and are leaders in infrastructure construction across Canada. PCA member companies employ more than 25,000 skilled construction workers in Canada, represented primarily by CLAC.
For further information, contact:
Danna O’Brien, email@example.com, 416-500-0699