UPDATE SNC-Lavalin Fixed-Price Exit Could Boost Rival Debra K. Rubin July 29, 2019 One Comment With Q2 loss now $1.6B as of Aug. 1, Canada firm pulls out of four large shortlisted bids; CEO splits design, construction to new units, terms industry model "broken."Read More
Toronto Contractor Bondfield Wins Court Protection as Project Woes Mount Scott Van Voorhis April 24, 2019 No Comments Industry default claims hit record high in Canada, records show.Read More
Montreal Hospital Exec Gets Prison in Project Bribe Scheme December 19, 2018 No Comments But court won't rule on access to funds in defendant's Swiss bank account Read More
Ontario Eyes 'Loophole' in Bid to Open Public Works to Non-Union Scott Van Voorhis December 19, 2018 No Comments Unions counter the move is a safety riskRead More
Aecon Sheds Mine Unit as Infrastructure Work Booms Scott Van Voorhis December 5, 2018 No Comments Toronto contractor cites record backlog months after its sale to a China-government-owned firm was quashed, citing national security.Read More
Companies SNC-Lavalin Sees Solid Results Despite Legal Battles Scott Van Voorhis Debra K. Rubin November 8, 2018 No Comments Montreal design-build giant pushes to avoid criminal trial for past alleged bribes, but third-quarter numbers are positive, says CEO.Read More
Back-to-Back Canada Construction Job Losses Puzzle Industry Scott Van Voorhis September 18, 2018 No Comments Industry employment fell 1% in August, after .8% decline in July; leveling off follows job growth in 2017Read More
Vancouver-Area Officials OK $5.4 Billion to Expand Regional Transit Scott Van Voorhis August 14, 2018 No Comments But developers chafe at new fees to support an added $2.1 billion in infrastructure investments.Read More
Canada Halt of China's $1B Buy of Contractor Aecon Creates New Limbo Scott Van Voorhis May 30, 2018 No Comments Premier Justin Trudeau was alerted by Australians to "challenges" of Chinese acquisitions of foreign E&C firms, says one report.Read More
Delayed Oil Pipelines Crunch Canada Economy, Bank Says Scott Van Voorhis February 28, 2018 No Comments Scotiabank analysis cites billions in lost revenue as major projects face long delays.Read More
