SNC-Lavalin nuclear contracts at risk if it’s convicted

Whether SNC is allowed to meet and make billions of dollars of new contractual obligations over the next decade will be crucial to the global nuclear industry and Canada’s future development.
An aerial view of the Bruce Power site in the Municipality of Kincardine in Ontario. SNC-Lavalin is part of a consortium awarded the centrepiece of Bruce Power’s Major Component Replacement project, which is set to extend the life of six reactors over 13 years starting in 2020.
If SNC-Lavalin is denied a deferred prosecution agreement and is convicted of fraud and corruption, this could prevent the engineering company from bidding on federal government contracts in Canada. But it could also jeopardize its current and future contractual obligations with Atomic Energy of Ca...

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