If you hold shares of Fomento de Construcciones y Contratas, or are debating whether it is time to jump in or take some profit, you are probably keeping an eye on its remarkable performance. This is a stock that has rewarded confidence in recent years, rising nearly 130% over the past five years, and up an impressive 29.9% in just the last twelve months. Even over the shorter haul, it has delivered steady gains, notching a 1.6% rise in the past week and building on that with a 4.3% surge over...

This project involves construction of twin 6.3km tunnels from Finch Station on TTC Line 1 to a location south of Langstaff Road in Markham.

The contract follows a design-build-finance model under IO's P3 framework.