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Stock impact report

Alberta urges Calgary city council to approve province's Green Line transit proposal [Yahoo! Finance Canada]

AECOM (ACM) 
Last aecom earnings: 2/3 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.aecom.com/mobile.view?c=131318
The province contracted consulting firm AECOM in July to find alternatives to the city's latest proposal, which would have involved a tunnel through downtown and run a drastically shorter distance than earlier planned. Calgary city council voted to wind down the $6.2-billion project in September after the province said it would pull its $1.5-billion in funding without a major project overhaul. The federal government has also committed $1.5 billion. The Alberta government says based on the AECOM report, it is proposing a new Green Line alignment that would connect 7th Avenue downtown to a station at Shepard on the Calgary's southeastern edge. The province says it would save $1 billion by using elevated tracks downtown instead of a tunnel, and would connect to two other lines serving the northeast and northwest as well as a new NHL arena set to open in 2027. "This alignment adds five more stops, will be 76 per cent longer and will serve 60 per cent more Calgarians — all withi Show less Read more
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