Companies

Government Involvement Ties SNC-Lavalin’s Hands

Government investment in SNC-Lavalin makes it a riskier company, says Carleton University business professor Ian Lee. 
Government Involvement Ties SNC-Lavalin’s Hands
The front lawn of the headquarters of SNC Lavalin in Montreal in a file photo. The infrastructure and engineering firm announced a major restructuring on July 22, 2019. The Canadian Press/Paul Chiasson
Rahul Vaidyanath
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News Analysis

SNC-Lavalin’s much-needed corporate restructuring announced on July 22 gets closer to a more profitable path; however, bigger changes are being held back due to conflicts of interest from government involvement. An additional cloud over the Montreal-headquartered infrastructure giant is a trial on corruption charges after a remediation agreement was not secured.

Government investment in SNC-Lavalin makes it a riskier company, says Carleton University business professor Ian Lee.

Rahul Vaidyanath
Rahul Vaidyanath
Journalist
Rahul Vaidyanath is a journalist with The Epoch Times in Ottawa. His areas of expertise include the economy, financial markets, China, and national defence and security. He has worked for the Bank of Canada, Canada Mortgage and Housing Corp., and investment banks in Toronto, New York, and Los Angeles.
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