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Lakeland

10.41

-0.0500-0.48%

Post-market: 10.410.00000.00%19:30 EDT

Volume:35.32K

Turnover:365.17K

Market Cap:102.40M

PE:-3.82

High:10.49

Open:10.45

Low:10.05

Close:10.46

52wk High:18.00

52wk Low:7.15

Shares:9.84M

Float Shares:8.37M

Volume Ratio:0.31

T/O Rate:0.42%

Dividend:0.06

Dividend Rate:0.57%

EPS(TTM):-2.7262

EPS(LYR):-2.6300

ROE:-19.62%

ROA:-2.49%

PB:0.82

PE(LYR):-3.96

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Overview Company News Filings

MOUNTAIN LAKE ACQUISITION CORP. ANNOUNCES POSTPONEMENT OF SHAREHOLDER MEETING TO 10:00 AM EASTERN TIME JUNE 16, 2026

Lakeland Shares up 14.4% After Co Reports Q1 Profit VS Loss a Year Ago

THOMSON REUTERS

Shares of Lakeland up 6.5% Premarket After Co Swings to Q1 Profit VS a Year Ago Loss

THOMSON REUTERS

Lakeland Industries Q1 net sales rise; Fire Services surge

Lakeland Industries Swings to Fiscal Q1 Earnings, Revenue Rises; Shares Gain After Hours

MT Newswires Live

Lakeland Industries Q1 EPS $0.04 Beats $(0.16) Estimate, Sales $47.416M Beat $47.350M Estimate

Benzinga Earnings

Lakeland returns to profit in Q1 FY27 at $0.4 million; net sales rise 1.4% to $47.4 million

Lakeland Industries: Expect REV Growth, Margin Improvement, & Ebitda Expansion to Become More Visible in Back Half of FY27

THOMSON REUTERS

Lakeland Industries: Beginning to See Emerging Demand for Certain Protective Products Tied to Ebola Preparedness Planning

THOMSON REUTERS

Lakeland Industries Q1 Sales USD 47.4 Million VS. Ibes Estimate USD 47.4 Million

THOMSON REUTERS

Lakeland Industries Q1 Operating Expenses USD 19.1 Million

THOMSON REUTERS

Lakeland Industries Q1 Gross Profit USD 14.9 Million

THOMSON REUTERS

Lakeland Fire + Safety Reports Fiscal First Quarter 2027 Results

THOMSON REUTERS

U.S. Earnings Preview: After Market Close June 9

Top News Today/Canada: Kneat.com to be Acquired by Thoma Bravo

Calendar of U.S. Earnings Expected in the Week Ahead

Calendar of U.S. Earnings Expected in the Week Ahead

Lakeland Industries selected for UK NFCC firefighter PPE framework worth up to £220 million

Lakeland Industries - Unit Receives Intended Award Under UK National Firefighter Ppe Framework

THOMSON REUTERS

Lakeland Industries - Framework Has Potential Value up to £220 Mln Over Seven Years

THOMSON REUTERS

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(the “Company”) (Nasdaq: “MLAC”) announced today that its upcoming extraordinary general meeting of shareholders (the “Spec","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2026/06/10/3309893/0/en/MOUNTAIN-LAKE-ACQUISITION-CORP-ANNOUNCES-POSTPONEMENT-OF-SHAREHOLDER-MEETING-TO-10-00-AM-EASTERN-TIME-JUNE-16-2026.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE0031619046.USD","TIME","BK4550","BK4568","IE00BZ18W340.USD","BK4202","IE00B7SZL793.SGD","IE00BMQBXF63.USD","LAKE","IE00B66KJ199.SGD","CORP","IE00BZ18W456.USD","AM","IE00B19Z4B17.USD","BK4144"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2642429078","title":"Lakeland Shares up 14.4% After Co Reports Q1 Profit VS Loss a Year Ago","url":"https://stock-news.laohu8.com/highlight/detail?id=2642429078","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2642429078?lang=en_us&edition=fundamental","pubTime":"2026-06-10 21:31","pubTimestamp":1781098261,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260610:nL4N42I14D:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["IE0031619046.USD","IE00B7SZL793.SGD","BK4202","IE00B19Z4B17.USD","LAKE","BK4568","IE00B66KJ199.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2642536442","title":"Shares of Lakeland up 6.5% Premarket After Co Swings to Q1 Profit VS a Year Ago Loss","url":"https://stock-news.laohu8.com/highlight/detail?id=2642536442","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2642536442?lang=en_us&edition=fundamental","pubTime":"2026-06-10 17:34","pubTimestamp":1781084086,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260610:nL4N42I0QL:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["IE00B66KJ199.SGD","IE0031619046.USD","BK4202","IE00B7SZL793.SGD","BK4568","LAKE","IE00B19Z4B17.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2642497585","title":"Lakeland Industries Q1 net sales rise; Fire Services surge","url":"https://stock-news.laohu8.com/highlight/detail?id=2642497585","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2642497585?lang=en_us&edition=fundamental","pubTime":"2026-06-10 04:17","pubTimestamp":1781036221,"startTime":"0","endTime":"0","summary":"Lakeland Industries Q1 net sales rise; Fire Services surgeOverviewUS protective apparel maker's fiscal Q1 net sales rose 1.4%, slightly beating analyst expectationsAdjusted EBITDA excluding FX improve","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260609:nL1N42H0WM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4568","IE00B19Z4B17.USD","LAKE","BK4202","IE0031619046.USD","IE00B66KJ199.SGD","IE00B7SZL793.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2642497304","title":"Lakeland Industries Swings to Fiscal Q1 Earnings, Revenue Rises; Shares Gain After Hours","url":"https://stock-news.laohu8.com/highlight/detail?id=2642497304","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2642497304?lang=en_us&edition=fundamental","pubTime":"2026-06-10 04:16","pubTimestamp":1781036185,"startTime":"0","endTime":"0","summary":"Lakeland Industries  reported fiscal Q1 net income late Tuesday of $0.04 per diluted share, swinging from a loss of $0.41 a year earlier.Four analysts polled by FactSet expected a loss of $0.16.Revenue for the quarter ended April 30 was $47.4 million, up from $46.7 million a year earlier.Four analysts polled by FactSet expected $47.4 million.Shares rose more than 16% in recent after-hours activity.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LAKE","BK4568","BK4202","IE0031619046.USD","IE00B19Z4B17.USD","IE00B7SZL793.SGD","IE00B66KJ199.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2642296492","title":"Lakeland Industries Q1 EPS $0.04 Beats $(0.16) Estimate, Sales $47.416M Beat $47.350M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2642296492","media":"Benzinga Earnings","labels":["dataReport","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2642296492?lang=en_us&edition=fundamental","pubTime":"2026-06-10 04:01","pubTimestamp":1781035304,"startTime":"0","endTime":"0","summary":"Lakeland Industries (NASDAQ:LAKE) reported quarterly earnings of $0.04 per share which beat the analyst consensus estimate of $(0.16) by 125 percent. This is a 109.76 percent increase over losses of $(0.41) per share","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/26/06/53102357/lakeland-industries-q1-eps-0-04-beats-0-16-estimate-sales-47-416m-beat-47-350m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Lakeland Industries Q1 EPS $0.04 Beats $(0.16) Estimate, Sales $47.416M Beat $47.350M Estimate","news_tag":"dataReport,express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00B19Z4B17.USD","BK4568","BK4202","IE00B7SZL793.SGD","IE0031619046.USD","LAKE","IE00B66KJ199.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2642492275","title":"Lakeland returns to profit in Q1 FY27 at $0.4 million; net sales rise 1.4% to $47.4 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2642492275","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2642492275?lang=en_us&edition=fundamental","pubTime":"2026-06-10 04:01","pubTimestamp":1781035297,"startTime":"0","endTime":"0","summary":"Lakeland posted Q1 FY27 net sales of $47.4 million, up 1.4% year over year; gross profit fell 4.9% to $14.9 million.Net income swung to $369,000, from a loss a year earlier; operating expenses dropped 6% to $19.1 million.Fire Services sales climbed 11% to $23.4 million, lifting the Fire segment to 49% of revenue; LATAM sales rose 15% to $4.7 million.Completed sale of HPFR and HiViz inventory and intellectual property for $14 million, generating about $13.2 million in cash proceeds.Maintained FY2027 targets for high single-digit revenue growth and positive cash flow from operations, citing Fire Services demand and service-platform momentum.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260609:nNDL5CNgz0:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00BN0W2V16.EUR","SG9999014021.USD","IE00B64PRP62.GBP","BK4568","IE00B3QW5Z07.USD","IE0031619046.USD","LU2095319765.USD","BK4588","IE00B66KJ199.SGD","IE00B19Z4B17.USD","IE00BKPKM429.USD","BK4585","NDAQ","BK4112","IE00BN0W2T93.GBP","LAKE","IE00BGHQF748.EUR","SG9999014013.SGD","LU0314104364.USD","SG9999014039.USD","LU2210149790.SGD","IE00BN0W2W23.USD","BK4202","IE00B7SZL793.SGD","LU2210150020.SGD","SG9999014005.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2642492753","title":"Lakeland Industries: Expect REV Growth, Margin Improvement, & Ebitda Expansion to Become More Visible in Back Half of FY27","url":"https://stock-news.laohu8.com/highlight/detail?id=2642492753","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2642492753?lang=en_us&edition=fundamental","pubTime":"2026-06-10 04:01","pubTimestamp":1781035261,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260609:nPLXSKRC2T:5","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4568","IE00B7SZL793.SGD","LAKE","IE00B66KJ199.SGD","IE00B19Z4B17.USD","BK4202","IE0031619046.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2642492750","title":"Lakeland Industries: Beginning to See Emerging Demand for Certain Protective Products Tied to Ebola Preparedness Planning","url":"https://stock-news.laohu8.com/highlight/detail?id=2642492750","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2642492750?lang=en_us&edition=fundamental","pubTime":"2026-06-10 04:01","pubTimestamp":1781035261,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260609:nPLXSKRC2T:6","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LAKE","IE00B19Z4B17.USD","BK4568","IE00B66KJ199.SGD","IE0031619046.USD","IE00B7SZL793.SGD","BK4202"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2642492298","title":"Lakeland Industries Q1 Sales USD 47.4 Million VS. Ibes Estimate USD 47.4 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2642492298","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2642492298?lang=en_us&edition=fundamental","pubTime":"2026-06-10 04:01","pubTimestamp":1781035261,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260609:nPLXSKRC2T:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LAKE","IE00B19Z4B17.USD","IE00B66KJ199.SGD","BK4568","IE00B7SZL793.SGD","BK4202","IE0031619046.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2642269492","title":"Lakeland Industries Q1 Operating Expenses USD 19.1 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2642269492","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2642269492?lang=en_us&edition=fundamental","pubTime":"2026-06-10 04:01","pubTimestamp":1781035261,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260609:nPLXSKRC2T:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["IE00B19Z4B17.USD","BK4568","IE0031619046.USD","IE00B7SZL793.SGD","LAKE","BK4202","IE00B66KJ199.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2642149226","title":"Lakeland Industries Q1 Gross Profit USD 14.9 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2642149226","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2642149226?lang=en_us&edition=fundamental","pubTime":"2026-06-10 04:01","pubTimestamp":1781035261,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260609:nPLXSKRC2T:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["IE00B7SZL793.SGD","BK4202","IE00B19Z4B17.USD","BK4568","IE00B66KJ199.SGD","LAKE","IE0031619046.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2642922674","title":"Lakeland Fire + Safety Reports Fiscal First Quarter 2027 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2642922674","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2642922674?lang=en_us&edition=fundamental","pubTime":"2026-06-10 04:01","pubTimestamp":1781035261,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260609:nTUA6T9GWV:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["IE0031619046.USD","IE00B19Z4B17.USD","LAKE","BK4568","BK4202","IE00B7SZL793.SGD","IE00B66KJ199.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2642449402","title":"U.S. Earnings Preview: After Market Close June 9","url":"https://stock-news.laohu8.com/highlight/detail?id=2642449402","media":"Dow Jones","labels":["preview"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2642449402?lang=en_us&edition=fundamental","pubTime":"2026-06-10 03:31","pubTimestamp":1781033460,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.The following companies are among those expected to report their latest financial results after the market closes.Casey's General Stores Inc.'s fourth-quarter EPS is forecast at $3.30, compared with $2.63 in the prior-year period. Adjusted EPS is forecast at $3.31.Cracker Barrel Old Country Store Inc.'s third-quarter EPS is forecast at a loss of 46 cents, compared with net income of 56 cents per share in the prior-year period. Adjusted EPS is forecast at a loss of 48 cents.Limoneira Co.'s second-quarter EPS is forecast at a loss of 22 cents, compared with a loss of 20 cents in the prior-year period. Adjusted EPS is forecast at a loss of 21 cents.Lakeland Industries Inc.'s first-quarter EPS is forecast at a loss of 15 cents, compared with a loss of 41 cents in the prior-year period. Adjusted EPS is forecast at a loss of 16 cents.Generated from Dow Jones Calendar Live with data from Dow Jones a","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"preview","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0109391861.USD","IE00B19Z4B17.USD","BK4568","LU0320765059.SGD","CBRL","LU0672654240.SGD","BK4113","IE00B7SZL793.SGD","IE00B66KJ199.SGD","IE0031619046.USD","IE0009354923.USD","LAKE","BK4209","BK4189","LU0708995401.HKD","LU1267930730.SGD","BK4202","CASY","LMNR"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2642431734","title":"Top News Today/Canada: Kneat.com to be Acquired by Thoma Bravo","url":"https://stock-news.laohu8.com/highlight/detail?id=2642431734","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2642431734?lang=en_us&edition=fundamental","pubTime":"2026-06-09 04:30","pubTimestamp":1780950600,"startTime":"0","endTime":"0","summary":"Kneat.com Agrees to C$650 Million Takeover by Thoma Bravo. Kneat.com has struck a deal to be acquired by Thoma Bravo for roughly C$650 million.The Toronto-listed digital validation and quality process automation company said it entered into a definitive arrangement that would see its shareholders receive C$6.50 a share in cash.When the deal is completed, Kneat will become a private company and its shares will be delisted.Kneat.com Unlikely to Draw Higher Bid, Analyst Says. GoGold Resources Shares Rise After Receipt of Final Permits for Mexico Mine. With the final permits in place, the company's board has approved a decision to begin construction of the project, which is expected to take two years to complete to reach first pour.Finance Minister Franois-Philippe Champagne said under a new loan program, Canadian airlines facing \"significant financial pressures\" from higher fuel prices could access up to C$150 million in financing to alleviate the balance-sheet squeeze.S&P Dow Jones 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