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Stantec ( (TSE:STN) ) has provided an update.
Stantec has been awarded a C$24 million contract by the City of Toronto for engineering consulting services on the Gardiner Expressway Rehabilitation Project Section 4, marking a significant enhancement in their transportation portfolio. This project, which involves complex structural modifications and repairs to a vital corridor in Toronto, underscores Stantec’s strategic partnership with the city and solidifies its position as a key player in managing large-scale urban infrastructure projects, having already contributed to various critical transportation initiatives in the region.
More about Stantec
Stantec is a global leader in sustainable architecture, engineering, and environmental consulting. The company provides expertise in managing aging infrastructure, energy transitions, and demographic changes. Stantec is known for its innovative approach to community, creativity, and client relationships, focusing on advancing communities worldwide.
YTD Price Performance: 6.02%
Average Trading Volume: 146,735
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $9.65B
See more insights into STN stock on TipRanks’ Stock Analysis page.
