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SNC Lavalin reports $17.3M first quarter loss, revenue down from year ago 

MONTREAL- SNC-Lavalin Group Inc. reported a loss in its first quarter compared with a profit a year ago as its revenue edged lower.   The engineering and construction firm says it lost $17.3 million or 10 cents per share for the quarter ended March 31. That compared with a profit ...

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New corporate ethics ombud named but powers remain unclear 

  OTTAWA- The federal government’s long-awaited announcement Monday of a watchdog to enforce responsible conduct by Canadian companies operating abroad was greeted with disappointment by human-rights advocates.   That’s because International Trade Minister Jim Carr says it will take almost two more months to finalize the powers of the new ...

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Canadian Arctic has all the mineral ingredients for prized blue gemstones

Vivid blue spinel with white carbonate in calc-silicate rock is seen in this undated handout photo. Baffin Island holds some of its treasure in plain sight with rocks that produce rare gems sitting exposed to the elements, a University of British Columbia study says. The cobalt-blue spinel,  is a rare ...

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Alberta’s UCP would create Indigenous crown corporation, help investments

EDMONTON-United Conservative Leader Jason Kenney says an Alberta government led by him would set up a Crown corporation to help Indigenous communities invest in resource projects.   “We need to do something dramatically different to end the stalemate that has left Alberta energy landlocked and has led to a jobs ...

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B.C. introduces law to prevent money laundering, tax evasion in real estate 

By Dirk Meissner THE CANADIAN PRESS VICTORIA- The British Columbia government introduced legislation Tuesday aimed at preventing tax evasion and money laundering by shining a spotlight on anonymous real estate owners hiding behind shell and numbered companies.   Finance Minister Carole James said the proposed Landowner Transparency Act would create ...

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Artists boycott Indigenous Music Awards over cultural appropriation concerns 

Several artists are pulling support for the Indigenous Music Awards over concerns about cultural appropriation of Inuit throat singing. Tanya Tagaq, Kelly Fraser and Iva are among the musicians who posted to social media pledging not to participate in the awards until the organization revises its policies or includes Inuit ...

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Feds promise $2.5 billion to N.L. over 38 years with reviewed Atlantic Accord 

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 ...

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SNC warned of U.S. move, slashing workforce if no plea deal, documents show 

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 ...

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