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Archives

SNC-Lavalin CEO names ‘project oversight’ executive in effort to rein in costs

MONTREAL — The new head of SNC-Lavalin Group Inc. has named a senior executive to oversee big-ticket contracts in an …

Quebec developer to file rival bid for Transat before talks with Air Canada end

MONTREAL — A Quebec developer seeking to outbid Air Canada with a takeover proposal for Transat AT Inc. says he …

Tech companies helping to bring lower prices, choice to money remittance market

MONTREAL — Canadians have more options to send money abroad than ever before as fintech firms offer lower fees and …

SNC-Lavalin delays jury decision in corruption trial until June 28

MONTREAL — SNC-Lavalin Group Inc. is pushing back its decision on whether to opt for a trial by jury or …

Quebec firm Group Mach takes on Air Canada with higher bid for Transat

Judge rules SNC-Lavalin headed to trial on charges of fraud, corruption

MONTREAL — A Quebec judge has ruled there is enough evidence to send SNC-Lavalin Group Inc. to trial on charges of fraud …

Onex to add airline business with deal to buy WestJet for $3.5B plus debt

Private equity firm Onex Corp. is making its long-coveted leap into aviation by signing a friendly deal to buy WestJet …

Bombardier facing World Bank ban over Azerbaijan corruption allegations

MONTREAL — Bombardier Inc. is facing a possible ban from World Bank-financed projects after it received a show-cause letter related …

Why criminals look to Canada to launder their money through real estate

News that some $5 billion was laundered through British Columbia’s real estate market in 2018 comes as no surprise to …

WestJet profit up as concerns linger over 737 Max grounding and Swoop

WestJet Airlines Ltd. topped expectations in its latest quarter, but chief executive Ed Sims said Tuesday the airline continues to …

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