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News » Canada » Our most read stories of 2017 » published 20 Dec 2017

Our most read stories of 2017

Acquisitions and news about contracts dominated the list of our most read stories of this year.

The top 10 stories included several involving companies changing hands and major contract awards in Ontario, Alberta, Quebec and British Columbia. Issues of bills being paid late clearly also struck a chord: news of Ontario's passage of legislation requiring prompt payment came second on the list.

The top story of the year was the announcement in August that the Canadian arm of France-based Colas plans to buy an Ontario road and construction business, Miller & McAsphalt. The move was the company’s most significant acquisition to date in North America and is seen offering an opportunity to increase Colas’ presence in Ontario and to expand its bitumen distribution network across Canada. The deal, which forms part of Colas’ long-term strategy to expand its operations in North America, is expected to take place in early 2018.

Other particularly popular acquisition stories included CA$1bn sale of Hewitt Group to fellow Canadian Caterpillar dealer Toromont Industries (5th in the list) and August's story about Aecon putting itself up for sale (6th). The subsequent agreement of CA$1.51bn deal for China’s CCCI International Holding to buy the company also made the top 20, coming 14th.Coming 7th on the list was the sale of Ontario-based CRS Contractors Rental Supply.

The top stories about contracts covered a spread of projects and provinces, including a CA$200m win by Graham's buildings team in Edmonton; funding for North America's first Club Med resort; and the winning contractors for the CA$7.4bn Trans Mountain pipeline expansion project in Alberta and British Columbia.

Other topics in the top 30 included reports on fines for site accidents, the appointment of JCB's new CEO for North America and Canada signing up to become a partner for Bauma 2019.

Here is the list of the news stories that generated the most views in 2017:

 

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This article was published on 20 Dec 2017 (last updated on 2 Jan 2018).

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