Tags » SNC-Lavalin

Curious deal in BC's pay-to-play economy

BC Hydro news release, February 28, 2014:

CAMPBELL RIVER — BC Hydro has signed a contract with InPower BC for the John Hart Generating Station Replacement Project, which includes the construction of an innovative, underground powerhouse that will enhance public safety and improve the site’s environmental footprint.

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BC Hydro

Liberal estimates and guesstimates

This article first published here in October 2014 is even more significant today.

BC’s Minister of Energy and Mines says the $7.9 billion budget for Site C is “reliable” and the estimate of “direct construction costs” of $3.8 billion has “an 18% contingency.” Bill Bennett’s words are imprecise but if $3.8 billion includes the contingency, the allowance for known unknowns and unknown unknowns would be $580 million, 8% of the entire project cost. 552 more words

BC Hydro

Westmount residents to get $420,000 over superhospital noise

The private consortium in charge of the superhospital of the McGill University Health Centre has agreed to pay a group of Westmount residents $420,000 in compensation in a proposed class-action settlement arising from noise complaints. 434 more words

Local News

Business a.m.: SNC is looking to sell its Montreal tower, local real estate is moving

Here’s our look at the big stories this morning on the business beat:

Tower for sale: SNC-Lavalin Group Inc. is looking to reduce its Montreal real estate footprint by selling its global headquarters and consolidating into fewer buildings. 823 more words

Business

Several Quebec companies beat deadline to sign up for reimbursement program

More than a dozen Quebec companies stepped forward ahead of a deadline Tuesday with restitution plans for having obtained public contracts through fraud or other questionable means. 329 more words

Canada

SNC-Lavalin fined $75K for generating electricity at Toronto airport without a licence

TORONTO — The Ontario Energy Board has fined SNC-Lavalin $75,000 for operating a gas-fired electrical generating plant at Toronto’s Pearson International Airport without a licence for the past 10 years. 390 more words

Canada

SNC-Lavalin illegally donated over $117K to federal parties: Elections Canada

Engineering giant SNC-Lavalin made nearly $118,000 in illegal political donations to federal political parties between 2004 and 2011, Elections Canada has revealed.

The Quebec-based firm has entered into a compliance agreement with the federal elections commissioner, admitting that the donations — mostly to the federal Liberal party — violated the Canada Elections Act. 423 more words

Canada