Town of Ajax General Government Committee Agenda Packet 2026-06-15
Town of Ajax Maintains Elexicon Equity Stake
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Description
The Town of Ajax continues its equity partnership with Elexicon Corporation, retaining 22.76% interest and taking part in annual dividends, capital, and financing arrangements as reflected in 2025. No new award; this reflects ongoing business enterprise activity.
Contract Details
Vendor
ELEXICON CORPORATION
Agency
Town of Ajax, Canada
Contract Type
OTHER
Document Date
June 15, 2026
Renewal Info
Equity participation continues subject to annual shareholder agreements and relevant provincial and municipal statutes. Changes in equity interest may occur based on corporate transactions or further municipal investment.
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