Criminal charges raises spectre of SNC-Lavalin takeover, but feds’ $180-billion infrastructure plan can find other builders, experts say
SNC-Lavalin risks a takeover if it's convicted. But aside from likely outrage in Quebec, Ottawa can find other builders for its infrastructure plans if the company is banned from bidding on federal contracts, experts say.
SNC-Lavalin's logo is pictured in front of its corporate headquarters on Rene Levesque Boulevard. in downtown Montreal. The company is at the centre of a political controversy involving the Prime Minister's Office.Photograph courtesy of Wikimedia Commons
If SNC-Lavalin is found guilty of corruption and fraud charges, it could mean a closing nail in the coffin for the Quebec-based company’s chances of preventing a takeover—something that could infuriate many in the province and provoke a government intervention, exp...
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