The Financial Post reports in its Thursday edition that shares of Aecon Group have taken a beating in the wake of news that the infrastructure company had reached a settlement in its dispute with Coastal GasLink. A Canadian Press dispatch to the Post says that Aecon, which was one of the prime contractors on the Coastal GasLink pipeline project, announced after the close of markets Friday that it expects to take a $127-million non-recurring charge related to the construction of two sections of the pipeline. The 670-kilometre Coastal GasLink pipeline was completed last fall after five years of construction. TC Energy, the company behind the project, had previously said it was pursuing potential recoveries from contractors after the project's budget ballooned from an initial $6.2-billion to $11.2-billion and then increased again to $14.5-billion during construction. At the time, TC Energy blamed these cost increases on a variety of factors, including labour costs and shortages of skilled labour and "contractor underperformance." The pipeline project also ran into challenges related to drought conditions and erosion and sediment control. Aecon says the settlement agreement is not expected to result in any "cash impacts."