Tag: SNC-Lavalin

Ottawa’s promised changes to federal integrity rules gives SNC Lavalin a boost

Things are looking less sour for graft-tainted engineering giant SNC-Lavalin, which received a boost Monday when an analyst upgraded his rating and price estimate for the company’s stock following changes to the federal government’s procurement policy, announced in last week’s budget.

Business as usual for SNC-Lavalin subsidiary

(August 20, 2013) The World Bank and Canada’s Department of Foreign Affairs, Trade and Development have banned Canadian engineering giant SNC-Lavalin from bidding on aid contracts. But that hasn’t deterred the Canadian federal department of Public Works from awarding a lucrative defence contract to a subsidiary of the corruption-plagued SNC-Lavalin company.