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Monthly Archives: March 2019

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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SNC Lavalin considering all options after Codelco contract cancellation

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. ...

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Navajo Nation company ends bid to buy power plant, mine 

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 ...

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Draft agreements reached in B.C. to protect caribou, long term plan in works

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. ...

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SNC Lavalin CEO says employees will move to foreign rivals if it is debarred

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 ...

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Quebec government doesn’t rule out buying SNC Lavalin shares, Legault says

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 ...

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Marten Falls First Nation and Aecon partner in solar

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 ...

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Coon seeks to boost renewable energy mix for municipalities and First Nations

FREDERICTON-The leader of New Brunswick’s Green party says municipalities and First Nations should be able to buy renewable power from locally owned companies. David Coon says NB Power’s monopoly over the electricity market is holding back development of a renewable energy industry. His comments come following a tour of the ...

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