Canada's Government Awards Contract for 8 Wing Trenton Defence Infrastructure Project


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8 WING TRENTON, ONTARIO--(Marketwire - Nov. 5, 2009) - The Government of Canada has awarded a contract for close to $40.5 million to Pomerleau Inc., of Ottawa for the construction of the Air Mobility Training Centre (AMTC) at 8 Wing Trenton. This contract award brings economic benefits to the region, generating direct employment opportunities over the course of this work.

"Awarding this contract is evidence of the Government's commitment to providing the Canadian Forces with the infrastructure required to maintain a first-class modern military," said the Honourable Peter MacKay, Minister of National Defence and Minister for the Atlantic Gateway. "This new facility will provide excellent training conditions and long-term support for military personnel at 8 Wing Trenton."

This project, part of the Trenton infrastructure announcement in September 2009, will see the construction of a new 17,000 m2 facility that will house the equipment and personnel required to train operators and maintainers of the C-130J Hercules aircraft. Construction of the hangar is expected to begin in late fall 2009 and completion is anticipated for summer 2012.

The renewal of the tactical airlift fleet continues the modernization and the strengthening of our military, and enables our troops to conduct safer and more effective operations at home and abroad. Awarding the contract to construct the training centre illustrates the Government's commitment to modernizing Canadian Forces equipment and infrastructure in an integrated fashion.

The Government of Canada conducted open, fair, and transparent competitive processes to award the construction contract for the AMTC at 8 Wing Trenton.

In line with the Canada First Defence Strategy, there is a need to update and replace dated defence infrastructure to meet the challenges of the 21st century. The Government's significant investments in defence infrastructure provide economic benefits to communities across Canada.

The Department of National Defence holds a large number of properties all across the country to support the Canadian Forces, including some 21,000 buildings, 2.25 million hectares of land, 5,500 km of roads, and 3,000 km of water, storm, and sewer pipes.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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