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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 ...

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 ...

HALIFAX -An intense debate over Indigenous rights was part of a court hearing today for a Nova Scotia company that wants a judge to allow the RCMP to remove protesters camped on the firm’s property. The company, Alton Natural Gas Storage, is behind a plan to store natural gas in ...

OTTAWA- The international economic group that oversees a global anti-bribery convention says it’s monitoring the allegations that Prime Minister Justin Trudeau interfered in a criminal prosecution against SNC-Lavalin. The Organization for Economic Co-operation and Development says it is concerned by accusations that Trudeau and staff in his office tried to ...

TORONTO- Barrick Gold Corp. is dropping its hostile takeover offer for Newmont Mining Corp. in favour of creating a joint-venture that will combine the two companies’ mining operations in Nevada. Under the deal, Barrick will hold a 61.5 per cent stake in the joint venture, while Newmont will own 38.5 ...

VANCOUVER- Imperial Metals Corp. has signed a deal to sell a 70 per cent interest in its Red Chris copper and gold mine in B.C. to Australia’s Newcrest Mining Ltd. for US$806.5 million in cash. The company, which will retain a 30 per cent stake in the mine, will form ...