Aboriginal Business Magazine Your source for Aboriginal Business News

By Holly McKenzie-Sutter THE CANADIAN PRESS ST JOHN’S, N.L. -Newfoundland and Labrador will receive $2.5 billion from Ottawa over 38 years from the newly reviewed Atlantic Accord, a crucial federal-provincial agreement on offshore resource revenues. Premier Dwight Ball and federal cabinet minister Seamus O’Regan were in St. John’s on Monday ...

By Jordan Press and Christopher Reynolds THE CANADIAN PRESS OTTAWA- SNC-Lavalin warned federal prosecutors last fall about a possible plan to split the company in two, move its offices to the United States and eliminate its Canadian workforce if it didn’t get a deal to avoid criminal prosecution, newly obtained ...

MONTREAL- SNC-Lavalin Group Inc. is leaving the door open to a lawsuit against Chile’s state-owned copper mining company, which has terminated its contract with the construction giant. A spokesman for SNC-Lavalin tells The Canadian Press that the company is looking at all options to determine whether to take legal action. ...

By Felicia Fonseca THE ASSOCIATED PRESS ALBUQUERQUE, N.M. -One of the largest coal-fired power plants in the West will close this year as planned after a Navajo Nation company ended its long-shot bid Friday to acquire it. The Navajo Generating Station has operated for decades in northeastern Arizona near the ...

VANCOUVER-An agreement has been reached between the federal, provincial and two First Nations to offer temporary protection to the  central caribou population in British Columbia while a long-term plan is developed. The agreement between B.C., Ottawa, the West Moberly and Saulteau First Nations is one of two agreements announced Thursday. ...

By Ross Marowits THE CANADIAN PRESS TORONTO- SNC-Lavalin’s local employees will be forced to work for foreign competitors if the embattled engineering firm is barred from bidding on federal contracts, diminishing its role as rare Canadian global champion, the company’s CEO said Wednesday. “There would be a reduction with us ...

BROMONT, Que.- Quebec Premier Francois Legault says his government isn’t ruling out buying shares in SNC-Lavalin in order to prevent the company from being sold or dismantled. Legault said Friday that all options are currently on the table when it comes to saving the troubled Montreal-based engineering giant and the ...

Marten Falls First Nation and Aecon announce strategic partnership to explore renewable energy solution Mar 14, 2019, 08:00 ET Press release THUNDER BAY, ON, March 14, 2019 – Marten Falls First Nation and Aecon Group Inc. (TSX:ARE) announced today that they have signed a Memorandum of Understanding (MOU), to explore a renewable energy pilot ...