Announcement • Apr 08
Bird Construction Inc. to Report Q1, 2026 Results on May 13, 2026 Bird Construction Inc. announced that they will report Q1, 2026 results After-Market on May 13, 2026 Announcement • Feb 25
Bird Construction Inc., Annual General Meeting, May 13, 2026 Bird Construction Inc., Annual General Meeting, May 13, 2026. Announcement • Feb 06
Bird Construction Inc. to Report Q4, 2025 Results on Mar 11, 2026 Bird Construction Inc. announced that they will report Q4, 2025 results After-Market on Mar 11, 2026 Announcement • Oct 15
Bird Construction Inc. (TSX:BDT) completed the acquisition of Fraser River Pile & Dredge (GP) Inc. Bird Construction Inc. (TSX:BDT) entered into a definitive share purchase agreement to acquire Fraser River Pile & Dredge (GP) Inc. for CAD 82.3 million on September 3, 2025. The purchase price is subject to customary adjustments and will be funded through a new term debt facility and will be acquired on a cash-free, debt-free basis. Following the completion, the transaction is expected to be accretive to Bird’s Adjusted Earnings Per Share by approximately 7% on a full-year basis compared to 2025 consensus estimates.
The transaction is subject to approval under the Competition Act (Canada) and satisfaction of other customary closing conditions and is expected to be completed early in the fourth quarter of 2025.
Osler, Hoskin & Harcourt LLP acted as legal advisor and Raymond James Ltd. acted as financial advisor for Bird Construction Inc.
Bird Construction Inc. (TSX:BDT) completed the acquisition of Fraser River Pile & Dredge (GP) Inc. on October 14, 2025. Announcement • Oct 10
Bird Construction Inc. to Report Q3, 2025 Results on Nov 12, 2025 Bird Construction Inc. announced that they will report Q3, 2025 results After-Market on Nov 12, 2025 Announcement • Sep 04
Bird Construction Inc. (TSX:BDT) entered into a definitive share purchase agreement to acquire Fraser River Pile & Dredge (GP) Inc. for CAD 82.3 million. Bird Construction Inc. (TSX:BDT) entered into a definitive share purchase agreement to acquire Fraser River Pile & Dredge (GP) Inc. for CAD 82.3 million on September 3, 2025. The purchase price is subject to customary adjustments and will be funded through a new term debt facility and will be acquired on a cash-free, debt-free basis. Following the completion, the transaction is expected to be accretive to Bird’s Adjusted Earnings Per Share by approximately 7% on a full-year basis compared to 2025 consensus estimates.
The transaction is subject to approval under the Competition Act (Canada) and satisfaction of other customary closing conditions and is expected to be completed early in the fourth quarter of 2025.
Osler, Hoskin & Harcourt LLP acted as legal advisor and Raymond James Ltd. acted as financial advisor for Bird Construction Inc. Announcement • Jul 04
Bird Construction Inc. to Report Q2, 2025 Results on Aug 13, 2025 Bird Construction Inc. announced that they will report Q2, 2025 results After-Market on Aug 13, 2025 Announcement • Apr 18
Bird Construction Inc. to Report Q1, 2025 Results on May 14, 2025 Bird Construction Inc. announced that they will report Q1, 2025 results After-Market on May 14, 2025 Announcement • Mar 13
Bird Construction Inc. Declares Dividend for March 2025 and April 2025 The Board of Bird Construction Inc. has declared eligible dividends of $0.07 per common share for each of March 2025 and April 2025. Announcement • Feb 27
Bird Construction Inc., Annual General Meeting, May 14, 2025 Bird Construction Inc., Annual General Meeting, May 14, 2025. Announcement • Feb 05
Bird Construction Inc. to Report Q4, 2024 Results on Mar 12, 2025 Bird Construction Inc. announced that they will report Q4, 2024 results After-Market on Mar 12, 2025 Announcement • Nov 27
Bird Construction Inc. Appoints Evelyn Angelle to its Board of Directors Bird Construction Inc. announced the appointment of Evelyn Angelle to its Board of Directors, effective immediately. Ms. Angelle will fill a vacancy on the Board, bringing the total number of directors to 10. Ms. Angelle, a private investor, philanthropist and director, joins the Board with a distinguished background in public company finance and public accounting, having held senior leadership positions at Halliburton Company after a 15-year career in the audit practice of Ernst & Young LLP. A certified public accountant in Texas and certified management accountant, Ms. Angelle’s expertise will be instrumental as Bird continues to pursue its strategic growth initiatives. Ms. Angelle will immediately join the Board’s Audit Committee and Health, Safety and Environment Committee. Mr. Richard Bird will continue to serve as Audit Committee Chair in an interim capacity. Ms. Angelle is an independent corporate director. She currently serves as a director of Forum Energy Technologies Inc., where she chairs the Audit Committee and is a member of the Nominating, Governance and Sustainability Committee. Ms. Angelle also serves as a member of the Board of Directors, and as a member of the Audit Committee, of STEP Energy Services Ltd. Ms. Angelle serves on the Board of Managers of Amp Americas II Holdings LLC, where she chairs the Audit Committee. Through her career, Ms. Angelle served in numerous executive roles, including as Executive Vice President and Chief Financial Officer of BJ Services Company LLC, and Senior Vice President, Supply Chain, for Halliburton. Prior to that, she served as Senior Vice President and Chief Accounting Officer, and Vice President of Investor Relations, both with Halliburton. Before joining Halliburton, Ms. Angelle worked for 15 years in the audit practice of Ernst & Young LLP. She is a graduate of St. Mary’s College (Notre Dame), where she holds a degree in Accounting. Additionally, she holds a certificate in Cyber Security Oversight from Carnegie Mellon University. Beyond her corporate roles, Ms. Angelle is actively engaged in charitable organizations, serving on the Board of Directors and executive committees of Junior Achievement of Southeast Texas and Junior Achievement USA. Ms. Angelle is a member of the National Association of Corporate Directors, where she was awarded the distinguished Board Leadership Fellow designation. Announcement • Oct 09
Bird Construction Inc. Increases Monthly Dividend, Payable on December 20, 2024 Bird Construction Inc. Board of Directors has approved a $0.0233 increase in its monthly dividend effective for the November 29, 2024 dividend, payable on December 20, 2024. The increased monthly dividend will be $0.07 per share, corresponding to an annual dividend rate of $0.84 per share. Announcement • Oct 02
Bird Construction Inc. to Report Q3, 2024 Results on Nov 05, 2024 Bird Construction Inc. announced that they will report Q3, 2024 results After-Market on Nov 05, 2024 Announcement • Aug 02
Bird Construction Inc. (TSX:BDT) completed the acquisition of Jacob Bros Construction Inc. from Scott Jacob and Todd Jacob for approximately CAD 140 million. Bird Construction Inc. (TSX:BDT) entered into a definitive share purchase agreement to acquire Jacob Bros Construction Inc. from Scott Jacob and Todd Jacob for approximately CAD 140 million on June 10, 2024. The estimated aggregate consideration of CAD135 million is subject to customary purchase price adjustments and consists of: 1.49 million common equity of Bird Construction Inc. to be issued for common equity of Jacob Bros Construction Inc. Approximately CAD 97.2 million of cash, funded through existing cash on hand as well as short-term and long-term debt under the Company’s credit facilities; and An estimated CAD 4.0 million of assumed equipment debt. Other than the assumption of equipment debt, Jacob Bros will be acquired on a cash-free, debt-free basis. Jacob Bros’ two shareholders, Scott Jacob, Chief Executive Officer and Todd Jacob, Chief Operating Officer, will join Bird to lead the combination of Bird’s Western Infrastructure business and their existing business. In connection with the transaction, Bird also amended its Syndicated Credit Facility, extending the maturity date to December 15, 2027. The amendments included the replacement of existing term loan facilities with a new approximately CAD 130 million term loan facility to be used to repay existing term loans and partially fund the acquisition. Following close, the Transaction is expected to be accretive to Bird's Adjusted Earnings Per Share by approximately 10% on a full-year basis. Accretion would be further enhanced by future synergies including cross-selling opportunities. For full year 2024, Jacob Bros is expected to generate approximately CAD 300 million of revenue and CAD 37 million of Adjusted EBITDA.
The Transaction is subject to approval under the Competition Act (Canada), approval of the Toronto Stock Exchange, and satisfaction of other customary closing conditions. These include, but are not limited to the ability of Bird and Jacob Bros to obtain all necessary regulatory and third party approvals and satisfy all other necessary conditions to closing of the Transaction on a timely basis or at all. Subject to the satisfaction of these conditions, the Transaction is expected to close early in the third quarter of 2024. Raymond James Ltd. is acting as exclusive financial advisor to Bird and Osler Hoskin & Harcourt LLP is acting as legal counsel to Bird. Corbin Advisors LLC is acting as a strategic communications advisor to Bird.
Bird Construction Inc. (TSX:BDT) completed the acquisition of Jacob Bros Construction Inc. from Scott Jacob and Todd Jacob on August 1, 2024. Announcement • Jul 18
Bird Construction Inc. Announces Demise of Karyn A Brooks, Chair of Audit Committee Bird Construction Inc. announced with profound sadness the passing of Karyn A. Brooks, who served as the Chair of the Audit Committee. Ms. Brooks passed away last week at the age of 70. Ms. Brooks was a highly respected member of the Bird Construction Inc. Board of Directors, bringing exceptional expertise and dedication to the role of Audit Committee Chair. She joined the Board in 2017, and her leadership and insight were instrumental in overseeing the company’s financial reporting and compliance. The Board will meet in the coming weeks to appoint an interim Audit Committee Chair and discuss the recruitment of a new Director. Announcement • Jul 13
Bird Construction Inc. to Report Q2, 2024 Results on Aug 07, 2024 Bird Construction Inc. announced that they will report Q2, 2024 results After-Market on Aug 07, 2024 Announcement • May 16
Bird Construction Inc. Announces Board Changes Bird Construction Inc. announced the election of one new member to its Board of Directors (the "Board"). Ms. Sophia Saeed was elected as a member of the Board following Bird's 2024 Annual Meeting of Shareholders held on May 14, 2024. Ms. Saeed is an independent director and brings valuable experience and expertise to complement the capabilities of the Board. Mr. Arni Thorsteinson announced his retirement from the Board and as such did not seek re-election. Mr. Thorsteinson served on the Board for more than three decades before his retirement, leaving an indelible mark on the Company with his substantial contributions during his impressive tenure. Ms. Sophia Saeed has over 20 years of finance experience, spanning roles in accounting, mergers and acquisition (M&A) advisory, corporate development and investor relations. Ms. Saeed is the Vice President of Investor Relations at a major Canadian financial institution, where she plays a pivotal role in fostering relationships with key stakeholders including investors, equity research analysts and ratings agencies. Prior to moving to Investor Relations, Ms. Saeed held progressively senior roles in M&A advisory during her investment banking career and has a track record of completed international and domestic M&A transactions as a corporate development executive in both the financial services and infrastructure sectors. Ms. Saeed also serves as a director on the board of Family Service Toronto. Ms. Saeed is a Chartered Professional Accountant and has a BA from the University of Toronto and an MBA from the Ivey Business School. Announcement • Apr 12
Bird Construction Inc. to Report Q1, 2024 Results on May 14, 2024 Bird Construction Inc. announced that they will report Q1, 2024 results After-Market on May 14, 2024 Announcement • Feb 16
Bird Construction Inc., Annual General Meeting, May 14, 2024 Bird Construction Inc., Annual General Meeting, May 14, 2024. Announcement • Jan 25
Bird Construction Inc. to Report Q4, 2023 Results on Mar 05, 2024 Bird Construction Inc. announced that they will report Q4, 2023 results After-Market on Mar 05, 2024 Announcement • Jan 24
Bird Construction Inc. Announces the Retirement of Bonnie DuPont as Independent Director Bird Construction Inc. announced that Ms. Bonnie DuPont has retired from her position as Independent Director on the Board, effective January 15, 2024. Following Ms. DuPont’s retirement, the total number of Board members has been reduced from eleven to ten. Ms. DuPont served on the Board since 2011. As an independent Board member and the Chair of Bird’s Human Resources and Governance Committee, Ms. DuPont oversaw a period of significant modernization of the Company’s executive compensation program. In addition, Ms. DuPont contributed significantly to the maturity of Bird’s governance practices and oversight, building on the Company’s belief that good corporate governance is a pillar of its strategy. A Fellow of the Institute of Corporate Directors (ICD) since 2015, a graduate of the ICD Corporate Directors’ Education Program, and a lecturer in the Directors’ Education Program offered by the ICD, Ms. DuPont brought a robust skill set and deep expertise to the Board during her tenure. Ms. DuPont was named to the top 100 Most Powerful Women in Canada list each year from 2001 to 2006, and in 2007, was inducted into the Top 100 Hall of Fame. In 2008, she was presented with an Honorary Doctor of Laws from the University of Regina and in 2011 was presented with an Honorary Bachelor’s Degree in Technology by the Southern Alberta Institute of Technology. Ms. DuPont also received an Honorary LLD from the University of Calgary in 2017 and is the past chair of the Board of Governors at the University. In 2019, Ms. DuPont was appointed to the Alberta Order of Excellence. Announcement • Jan 19
Bird Construction Inc. (TSX:BDT) acquired Assets of NorCan Electric Inc. for CAD 11 million. Bird Construction Inc. (TSX:BDT) acquired Assets of NorCan Electric Inc. for CAD 11 million on January 18, 2024. Bird financed 85% of the purchase price with debt, with the balance coming from Bird treasury shares. The Company is acquiring all customer contracts, NorCan’s share of the NorCan/Infinity Limited Partnership, equipment and other fixed assets, workforce and team providing services to clients. No working capital was acquired as part of the transaction. The transaction is expected to be accretive, enhancing earnings per share by CAD 0.04 in 2024. Bird Construction Inc. (TSX:BDT) completed the acquisition of Assets of NorCan Electric Inc. on January 18, 2024. Announcement • Dec 13
Bird Construction Inc Announce Monthly Dividend, Payable on April 19, 2024 Bird Construction Inc. announced that its Board of Directors has approved a $0.13 cent or 30.2% increase in its dividend effective for the March 29, 2024 dividend, payable on April 19, 2024. The dividend increase follows the Board’s approval of the 2024 annual business plan, which anticipates continued accretion in earnings per share and EBITDA through 2024. The increased monthly dividend will be $0.0467 per share, corresponding to an annual dividend rate of $0.56 per share. Announcement • Nov 08
Bird Construction Inc. Declares Dividends for Each of November 2023, December 2023, January 2024 and February 2024 Bird Construction Inc. declared eligible dividends of $0.0358 per common share for each of November 2023, December 2023, January 2024 and February 2024. Announcement • Oct 11
Bird Construction Inc. to Report Q3, 2023 Results on Nov 07, 2023 Bird Construction Inc. announced that they will report Q3, 2023 results After-Market on Nov 07, 2023 Announcement • Aug 10
Bird Construction Inc. Declares Eligible Dividend for August, September, and October 2023 Bird Construction Inc. declared eligible dividends of $0.0358 per common share for each of August, September and October 2023. Announcement • Jun 29
Bird Construction Inc. to Report Q2, 2023 Results on Aug 09, 2023 Bird Construction Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 09, 2023 Announcement • May 27
Bird Construction Announces the Retirement of Paul Charette as Independent Director Bird Construction Inc. announced that Mr. Paul Charette has retired from his position as Independent Director on the Board and as such he did not seek re-election at the Company's 2023 Annual General Meeting of Shareholders held on May 9, 2023. Following Mr. Charette's retirement, the total number of Board members has been reduced from twelve to eleven. As a longstanding member of the Board, Mr. Charette has played an integral role in Bird's success story, serving as an Independent Director from 2021 to 2023 and as Chairman of the Board from 2001 to 2021. Joining Bird in 1976 as a Project Coordinator, Mr. Charette's exceptional leadership propelled him to the role of President and Chief Operating Officer in 1988. His visionary approach and dedication further led to his appointment as the President and Chief Executive Officer in 1991, a position he held until his retirement in September 2008. Despite retiring from the executive role, he continued to contribute his expertise and insights to the Board, leaving a lasting impact on Bird's growth and prominence in the construction industry. In addition to providing leadership to Bird, Mr. Charette provided leadership to the construction industry. He has served on a number of industry boards. He was Chair of the Ontario General Contractors Association, Chair of the Toronto Construction Association Advisory Committee and was Chair of the Canadian Construction Association in 2009. Beyond his contributions to Bird, Mr. Charette has been a tireless advocate for college and institute education. Notably, he played a key role in establishing the Bird Construction/Paul and Gerri Charette Endowment Fund in partnership with Colleges and Institutes Canada, which is dedicated to supporting Indigenous students pursuing post-secondary education. The Fund of $200,000 is held in perpetuity with annual disbursements; its first disbursements were made in the 2021-2022 school year. Announcement • Feb 11
Bird Construction Inc., Annual General Meeting, May 09, 2023 Bird Construction Inc., Annual General Meeting, May 09, 2023. Announcement • Jan 26
Bird Construction Inc. to Report Q4, 2022 Results on Mar 07, 2023 Bird Construction Inc. announced that they will report Q4, 2022 results After-Market on Mar 07, 2023 Announcement • Feb 15
Bird Construction Inc., Annual General Meeting, May 10, 2022 Bird Construction Inc., Annual General Meeting, May 10, 2022. Agenda: Annual General Meeting. Announcement • May 12
Bird Construction Inc. Declares Dividend for May 2021, June 2021 and July 2021 The Board of Bird Construction Inc. has declared an eligible dividend of $0.0325 per common share for each of May 2021, June 2021 and July 2021. Announcement • Mar 17
Bird Construction Inc. Announces Executive Changes Bird Construction Inc. announced that Paul Charette has announced his intention to retire from his position as Chairman of the Board following the Company's 2021 Annual General Meeting of Shareholders to be held on May 11, 2021 (the "AGM"). He will stand for re-election at the AGM and continue to serve on the Board as an Independent Director. The Board has accepted his resignation effective May 11, 2021 and will appoint the next Chairman of the Board after the AGM. Subject to re-election at the upcoming AGM, the Board intends to appoint Mr. Paul Raboud, a long serving board member, as the next Board Chairman. Mr. Raboud joined Bird in 1984 and served as President and CEO after Mr. Charette and before joining the Board in 2008. Announcement • Mar 06
Bird Construction Inc. Receives Contract for Accelerated Builds at Kenora Jail and Thunder Bay Correctional Centre Infrastructure Ontario (IO) and the Ministry of the Solicitor General announced that Bird Construction Inc. has been awarded a contract to build expansions at the Kenora Jail and the Thunder Bay Correctional Centre. These new additions will address capacity pressures and provide additional space for effective programming and improved services. The expansions at Kenora Jail and Thunder Bay Correctional Centre will leverage both their integrated conventional site construction and innovative modular construction solutions through Bird's valued partnership with Stack Modular. Their teams in Manitoba and Ontario will bring together experience and local expertise, reaffirming their commitment to building meaningful partnerships with regional communities including engagement with local Indigenous communities. This smaller but strategic award comes on the heels of the successful delivery of Phases I and II of the Ontario Provincial Police Modernization Projects, executed through a consortium led by Bird, and delivered for IO and the Ministry of the Solicitor General. These facilities include unique designs reflecting the communities in which they serve and are a testament to Bird's proven expertise and experience in designing, constructing, and commissioning fast-tracked and rapid delivery builds. Announcement • Feb 13
Bird Construction Inc., Annual General Meeting, May 11, 2021 Bird Construction Inc., Annual General Meeting, May 11, 2021. Announcement • Feb 09
Bird Construction Inc. Its Wholly Owned Subsidiary, Stuart Olson Industrial Projects Inc. Has Been Awards A Five- Year Mro Contract for Bundled Industrial Services Valued in Excess of $550 Million Bird Construction Inc. announced that its wholly owned subsidiary, Stuart Olson Industrial Projects Inc., has been awarded a five-year contract valued in excess of $550 million to provide maintenance, repair and operations (MRO) services for a longstanding industrial customer in Alberta. Under the terms of the multi-site, multi-use agreement, the Industrial Maintenance team will deliver a multi-disciplined offering for maintenance services, turnarounds and sustaining capital construction projects, drawing on the full suite of services of both Stuart Olson and Bird. Estimated 2021 revenues
will be recorded into Backlog in the first quarter of 2021; the remaining value of the contract will be recorded in Pending Backlog. Announcement • Jan 30
Bird Construction Inc. to Report Q4, 2020 Results on Mar 09, 2021 Bird Construction Inc. announced that they will report Q4, 2020 results After-Market on Mar 09, 2021 Announcement • Oct 10
Bird Construction Inc. to Report Q3, 2020 Results on Nov 10, 2020 Bird Construction Inc. announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Nov 10, 2020