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SNC-Lavalin issues another profit warning over mining dispute

SNC-Lavalin issues another profit warning over mining dispute

SNC-Lavalin Group Inc. is warning that its profit for 2018 will be even lower that it cautioned in January, due to problems at an unidentified mining project in Latin America. The company says it has agreed to settle the dispute with its client for the project through an accelerated arbitration process. However, SNC says the…

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Winnipeg Foundation offers $5 million for faster archive, bridge construction - Winnipeg

Winnipeg Foundation offers $5 million for faster archive, bridge construction – Winnipeg

The Winnipeg Foundation has announced a major funding offer to the city, in hopes of speeding up two city infrastructure projects. The Foundation offered Winnipeg up to $5 million, to go towards creating a bridge from pedestrians and bikers between downtown and Osborne Village. “A new pedestrian and cycling bridge connecting downtown and Osborne Village will…

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U.S. government says shutdown shouldn’t stop Keystone pipeline hearing

U.S. government says shutdown shouldn’t stop Keystone pipeline hearing

The U.S. government shutdown may prevent U.S. Justice Department attorneys from going before a Montana judge next week to ask him to lift his hold on Keystone XL oil pipeline construction. But the federal attorneys and the Canadian company that wants to build the pipeline say their absence shouldn’t delay Monday’s hearing on the matter…

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REM data shows construction at Edouard-Montpetit station exceeding noise regulations - Montreal

REM data shows construction at Edouard-Montpetit station exceeding noise regulations – Montreal

Residents in Montreal’s Cote-des-Neiges-Notre-Dame-de-Grâce borough say they have been dealing with consistent loud booms at the site of the future Edouard-Montpetit REM station. “It’s kind of like a huge bang,” said Perlinger. “You feel like your neighbour on top is moving his couch or something. It goes off every morning.” The REM’s own data shows…

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Canada Goose delays China flagship store opening, citing ‘construction’ issues amid Huawei spat

Canada Goose delays China flagship store opening, citing ‘construction’ issues amid Huawei spat

Canada Goose has cancelled the opening of its flagship China store, which was scheduled for Saturday, citing construction delays. The cancellation comes as the luxury clothing company faces the ire of Chinese consumers, many of whom are upset over the Canadian arrest of Huawei’s chief financial officer Meng Wanzhou. READ MORE: Canada Goose’s stock plummets amidst…

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Small businesses in Calgary join call for cities to compensate for revenue lost to construction

Small businesses in Calgary join call for cities to compensate for revenue lost to construction

Calgary business owners are adding their voices to a growing call in Canada for municipal governments to compensate small business owners during road or other construction projects. READ MORE: Small businesses should be compensated for transit construction: CFIB According to the Canadian Federation of Independent Business (CFIB), two in five businesses across Canada are impacted by…

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