AtkinsRéalis Group Inc. , previously known as SNC-Lavalin Group Inc. , is a Canadian company based in Montreal that provides engineering, procurement, and construction (EPC) services to various industries, including mining and metallurgy , environment and water, infrastructure , and clean energy . AtkinsRéalis was the largest construction company, by revenue, in Canada, as of 2021.
107-867: The firm has approximately 37,000 employees worldwide, with offices in over 50 countries and operations in over 160 countries. The company's key service sectors are buildings, defence, mining, electrical power, transportation, and water; each sector offers services that includes design, studies, consultancy, financing , asset management , engineering , construction , procurement and operations and maintenance . Operations include mass transit and heavy rail systems, highways , bridges , airports and marine facilities, as well as industrial, commercial, cultural and healthcare buildings. Mining and metallurgy sector offers services to green fields and brown fields projects of any sizes or complexity including "mining commodities, fertilizers, and sulphuric acid facilities". Its power sector provides services in environment and water,
214-503: A deferred prosecution agreement (DPA) regime", called the "Remediation Agreement Regime", which was introduced in the March budget and came into effect in June 2018. By 2019, SNC-Lavalin, still facing criminal charges in regard to several contracts, began investigating the possibility of a DPA under the newly introduced Remediation Agreement Regime, as early as April 2018. On February 10, 2019,
321-735: A "civic landmark and centrepiece for the Capital District". In 2015, the Eglinton Crosstown (LRT) and Blue22 (airport rail link) projects in Toronto were awarded to SNC-Lavalin, who was one of only two bidders for the Crosstown line. Both lines have since been transferred to Metrolinx ownership. The Crosstown line is due to be completed in 2020, but has seen repeated delays and currently has no opening date, while Blue22 opened as Union Pearson Express in 2015. SNC-Lavalin
428-942: A 30-year contract valued at $ 179 million to "design, build, finance and operate" the William R. Bennett Bridge in Kelowna , British Columbia . Construction which was completed in 2008. In 2004, the firm was awarded the contract for Canada Line , an extension of the SkyTrain rapid-transit system in Vancouver; the project was completed in 2009, ahead of schedule. The Goreway Power Station , an 869.8 megawatt gas-fired power generation facility in Brampton , Ontario, near Pearson Airport , constructed by way of an EPC agreement with SNC-Lavalin, began commercial operation in 2009, for Toyota Tsusho and Chubu Electric Power . The firm completed
535-702: A business concept would want to accumulate all the necessary resources including capital to venture into a market. Funding is part of the process, as some businesses would require large start-up sums that individuals would not have. These start-up funds are essential to kick-start a business idea, without it, entrepreneurs would not have the ability to carry out their concepts in the business world. Fund management companies gather pools of money from many investors and use them to purchase securities . These funds are managed by professional investment managers, which may generate higher returns with reduced risks by asset diversification . The size of these funds could be as little as
642-422: A business start-up and small business, usually in exchange for convertible debt or ownership equity. They are often among an entrepreneur's family and friends. The funds they provide can be a one-time investment to help the business get off the ground or an ongoing injection to support and carry the company through its difficult early stages. Venture capital is a type of private equity and a form of financing that
749-414: A certain amount of time, usually in a year's time, rewards of the investment will be shared with investors. This makes investors happy and they may continue to invest further. If returns do not meet the intended level, this could reduce the willingness of investors to invest their money into the funds. Hence, the amounts of financial incentives are highly weighted determinants to ensure the funding remains at
856-435: A common form of funding for businesses, individuals, and governments. Equity financing involves raising capital through the sale of shares in an enterprise. Equity financing is essentially the sale of an ownership interest to raise funds for business purposes. This type of financing is typically used by startups and growing businesses to raise capital. Debt financing involves borrowing money to be repaid, plus interest, at
963-455: A content-sharing partnership, in which TWN produced national weather forecasts that would appear on CBC News Network and during The National , and The Weather Network would be able to syndicate CBC News content on its television and digital outlets. In 2015, Pelmorex bought out The Weather Channel's stake in the service. The Weather Network broadcasts in a news-wheel format, featuring various forecast or weather-related segments throughout
1070-416: A corporation normally provide commercial research funding. Whereas, non-commercial research funding is obtained from charities, research councils, or government agencies . Organizations that require such funding normally have to go through competitive selections. Only those that have the most potential would be chosen. Funding is vital in ensuring the sustainability of certain projects. Entrepreneurs with
1177-433: A cost of $ 25 per tonne. In addition to the lost sales, this meant that SaskPower had been forced to pay Cenovus $ 12 million in penalties. In 2017, Cenovus sold its Saskatchewan operations to Whitecap Resources . By September 2018, "SaskPower and SNC-Lavalin had completed mediation and were headed to binding arbitration". In July 2018, SaskPower announced, in its annual report, that they would not be proceeding with retrofitting
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#17327732915851284-520: A countersuit for wrongful dismissal, claiming lost wages and damages to his reputation, alleging that he had been framed and scapegoated by higher-level executives whose directives he was obliged to follow. By February 2012, SNC-Lavalin investors had found out that audited financial statements had been delayed to accommodate an internal review relating to SNC-Lavalin's operations. The internal review probed $ 35 million of unexplained payments in Libya. Prior to
1391-697: A crawl that appears above the bottom of the ticker, when active. In 2017, the HD feed underwent another change in on-screen design, now featuring DIN Next as the principal typeface. This typeface has been dominant in the SD feed since roughly the mid-2010s. The top two-thirds now features three "boxes", with the first one showing the city as a header, and contains the current local time, date and weather conditions. The second one cycles through extra information on ceiling, pressure, humidity, apparent temperature, wind, gusts and visibility. The final "box" contains 18-hour forecasts for
1498-552: A desirable level. Venture Capital (VC) is a subdivision of Private Equity wherein external investors fund small-scale startups that have high growth potential in the long run. Investors receive a portion of the company’s equity in return for the money invested by them. The amount of money that a Venture capital firm can raise is predominantly built on the Principal-agent relationship between the Limited Partners and
1605-481: A few millions or as much as multi billions. The purpose of these funding activities is mainly aiming to pursue individual or organization profits. Personal funding involves using personal finances to fund an initiative. This could include savings, personal loans, or funds from friends and family. It is common in the early stages of a business or project when other sources of funding may not be accessible. Corporate funding involves funds provided by corporations, often in
1712-414: A later date. Common types of debt financing include traditional bank loans, personal loans, bonds, and lines of credit. This form of financing is advantageous because it does not require giving up ownership of the business. One form of guarantee creates a conditional liability to make a payment, whereby the guarantor will pay the principal debt holder fails to do so. Effectively when the liability to make
1819-451: A new 14-day trend outlook as part of the local cable weather package. It provided a two-week look at how the weather would trend compared to normal temperature values and weather conditions for that time of year. In June 2004, The Weather Network took legal action against Star Choice (now Shaw Direct ) after moving TWN on a new bundle without giving any notice to its subscribers. The channel's management tried to prevent Star Choice from moving
1926-467: A payment is trigged the guarantor becomes a funder. Government could allocate funds itself or through government agencies to projects that benefit the public through a selection process to students or researchers and even organizations. At least two external peer-reviewers and an internal research award committee review each application. The research awards committee would meet some time to discuss shortlisted applications. A further shortlist and ranking
2033-535: A replacement, but runtime was reduced by half-hour.) Programming blocks were discontinued in 2002 for weekdays and 2004 on weekends, although "This Weekend" continued to air until 2007. On May 2, 1998, The Weather Network started broadcasting nationally from a new studio facility in Mississauga , Ontario after relocating from Montreal. This led to the departure of several presenters, notably those who were on air during weekends. Several new presenters arrived at
2140-496: A report that said Trudeau contravened section 9 of the Conflict of Interest Act by improperly pressuring Wilson-Raybould. The report details lobbying efforts by SNC-Lavalin to influence prosecution since at least February 2016, including the lobbying efforts to enact DPA legislation. The commissioner has also found that Trudeau acted improperly when using his position of authority over Wilson-Raybould in an effort to have her overrule
2247-508: A similar news-wheel, albeit with some changes, and overlays the local forecast at the bottom dynamically using GPS. It also includes on-demand video and local maps. The channel has been criticized for its excessive use of advertising through commercials and forecasts and some weather segments (e.g., hot spots, picnic/barbecue report, etc.) – which has led to less time for detailed forecasts and more time spent on advertising. The same problem also occurs with U.S.-based The Weather Channel . In
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#17327732915852354-625: A single television feed via analogue transponder on one of the Anik satellites , with computer-generated local forecasts airing on one while the video feed of a live forecaster or commercials aired on the other. At first the video section was only available during drive times on weekdays and half of the day on weekends; at other times local forecast was looped. The two services began to run separately starting in 1994, while both were still based in Montreal. Local forecasts were generated using
2461-434: A subsidiary company named Candu Energy to market the design and supply of CANDU reactors . On June 23, 2014, SNC-Lavalin acquired Irish engineering and construction business Kentz for approximately CA$ 2.1 billion (US$ 1.95 billion). In 2017, SNC-Lavalin acquired its UK rival WS Atkins —a British design, engineering and project management consulting firm, for approximately CA$ 3.36 billion with $ 1.9-billion investment from
2568-531: A test pilot of SOFA began in the Netherlands. A company or an individual may secure a loan to get access to capital. Often borrowers must use a secured loan where assets are pledged as collateral. If the borrower defaults, ownership of the collateral reverts to the lender. Both tangible and intangible assets can be used to secure loans. The use of IP as collateral in IP-backed finance transactions
2675-463: Is also an e-mail service for pollen conditions and road conditions. The Weather Network also operates a Twitter and Facebook account, which include Severe Weather alerts and Weather News. The Weather Network is currently available as an app for iPhone and Android smartphones. In November 2015, an app-only version of the TV channel was launched on Android TV (using Live Channels) and Apple TV . It has
2782-404: Is funding used for research-related purposes. It is most often used to describe funding in the fields of technology or social science. The allocation of funds are usually granted based on a per project, department, or institute basis stemming from scope of the research or project. Research funding can be split into commercial and non-commercial allocations. Research and development departments of
2889-640: Is given by the Radio and Television News Director's Association (R-T-N-D-A) for the best news reports on a subject of cultural diversity. The Weather Network then won for its 2006 two-part news series on weather and black history. The Weather Network also won a World Medal from the NY Festivals International TV Broadcasting Awards for a 2007 story on a blind woman learning to sail who uses her other senses to determine changes in wind patterns and potential storms. It won
2996-463: Is made. Projects are funded and applicants are informed. Econometric evidence shows public grants for firms can create additionality in jobs, sales, value added, innovation and capital. For example, this was shown to be the case for large R&D grants, as well as smaller public grants for the tourism firms or small and medium sized firms in general. Crowdfunding exists in mainly two types, reward-based crowdfunding and equity-based crowdfunding. In
3103-641: Is one of three main partners of the Rideau Transit Group, along with ACS Group and EllisDon Confederation Line , on a 12.5 kilometre rapid-transit line project in Ottawa with a 2.5 kilometre downtown subway tunnel as the centrepiece. The project, originally scheduled to be completed in 2018, is expected to be completed in Spring 2019. In 1995, SNC-Lavalin won a large infrastructure contract to renovate and modernize hydro electric power stations with
3210-461: Is owned by Pelmorex Media which is headquartered in Mississauga , Ontario , Canada . Their specialty television networks are among the most widely distributed and frequently consulted television networks in Canada. TheWeatherNetwork.com is among Canada's leading web services, and their mobile web property is ranked #1 in the weather category and the second largest mobile website in Canada. TWN
3317-668: Is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential or which have demonstrated high growth. Venture capital investments are generally made in exchange for equity in the company. Grants are funds provided by one party, often a government department, corporation, foundation, or trust, to a recipient, typically a nonprofit entity, educational institution, business, or individual. Unlike loans, grants do not need to be repaid. Loans are borrowed sums of money that are expected to be paid back with interest. They can be provided by banks, credit unions, or other financial institutions. Loans are
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3424-541: Is the subject of a report series at the World Intellectual Property Organization . Withdrawal of funding, or defunding, occurs when funding previously given to an organisation ceases, especially in relation to Governmental funding. Defunding could be as a result of a disagreement or failure to meet set objectives . An example that explains the withdrawal of funding in this case is that of President Trump 's decision to stop funding
3531-485: Is used when a firm uses its internal reserves to satisfy its necessity for cash, while the term financing is used when the firm acquires capital from external sources. Sources of funding include credit , venture capital , donations , grants , savings , subsidies , and taxes . Funding methods such as donations, subsidies, and grants that have no direct requirement for return of investment are described as " soft funding " or " crowdfunding ". Funding that facilitates
3638-656: The Globe & Mail reported that sources close to the government said that the Prime Minister's Office allegedly had attempted to influence Jody Wilson-Raybould 's decision concerning SNC-Lavalin's request for a DPA, while she was Minister of Justice and Attorney General. When asked about the allegations, Justin Trudeau said that the story in the Globe was false and that he had never "directed" Wilson-Raybould concerning
3745-689: The Toronto Star reported that Opposition Leader Andrew Scheer met with SNC-Lavalin CEO Neil Bruce on May 29, 2018, to discuss the remediation agreement. The director of public prosecutions informed SNC-Lavalin on October 9, that its DPA option was rejected because "is not appropriate in this case". According to the National Post , "If the company is convicted it would be barred from bidding on federal contracts for 10 years, potentially costing it billions in forgone revenue." In response,
3852-565: The Caisse de dépôt et placement du Québec . In late 2018, SNC-Lavalin agreed to form a joint venture with the Swedish-Swiss industrial giant ABB for the delivery of turnkey electrical substation projects. This new company, named Linxon, undertakes project design, engineering, procurement, and construction activities for a range of clients in the transport, utilities, and renewable electricity generation and transmission sectors. In 2021
3959-564: The Indian government . In 2007, the firm won the $ 4.6-billion Ambatovy mine engineering, procurement, and construction (EPC) management contract, the largest capital project in Madagascar's history. It was completed in 2010. The nickel and cobalt mining and preparation plant was completed in 2010. SNC-Lavalin sold its share for $ 600 million. There has been controversy about the mine's environmental and health impacts. In December 2016,
4066-717: The Padma River in Bangladesh , resulted in the former SNC-Lavalin employees being cleared of all charges by a Canadian court. In May 2011, two former SNC-Lavalin International Inc. (SLII) employees Ramesh Shah and Mohammad Ismail met government officials in Bangladesh to discuss a bid for the $ 50-million supervision contract to build the Padma Bridge , a project estimated to be worth US$ 3 billion. Part of
4173-703: The Quebec Pension Plan and is the second largest pension fund in Canada, after the Canada Pension Plan (CPP), has increased its financing of Quebec enterprises from 2003 through 2013. SNC-Lavalin's management teams have been investigated in a number of allegations under the Corruption of Foreign Public Officials Act regarding contracts beginning with the SNC-Lavalin Kerala hydroelectric dam scandal (1995–2008) through to
4280-700: The World Health Organization (WHO) over alleged Coronavirus mismanagement. The Weather Network The Weather Network ( TWN ) is a Canadian English-language discretionary weather information specialty channel available in Canada , the United States and the United Kingdom . It delivers weather information on television, digital platforms (responsive websites, mobile and tablet applications) and TV apps. The company
4387-575: The director of public prosecutions , in the Court of Quebec . The charges allege that from 2004 to 2011, Morin orchestrated and solicited political donations from employees or their spouses to Canadian federal political parties anonymously on behalf of SNC-Lavalin, to be reimbursed afterwards. The amounts paid included about CA$ 110,000 to the Liberal Party and CA$ 8,000 to other Canadian political parties. In November 2018, Morin pleaded guilty to two of
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4494-459: The "workday" hours; an unnamed afternoon block which would later be known as "Across Canada" (spun off from a segment seen on "EarthWatch"); and the "Weekend Report", later known as "This Weekend". ("Morning Report" was, coincidentally, the title of the GTA broadcast dated back to February 7, 1994; the runtime was 4 hours. When it was upgraded to a national broadcast; "Good Morning Toronto" was provided as
4601-597: The 1990s to build transportation projects in Malaysia and Turkey. SNC-Lavalin acquired a 27% share in Ontario's Highway 407 toll road for $ 175 million. In 2011, SNC-Lavalin sold part of its share of Highway 407, at a significant profit. In June 2011, SNC-Lavalin purchased the commercial reactor division of Atomic Energy of Canada Limited (AECL) from the Government of Canada for CA$ 15 million. SNC-Lavalin established
4708-641: The Canadian Criminal Code . The company stated that, between 2001 and 2011, over $ 47.5 million had been paid to Al-Saadi Gaddafi. The money was directed through two representative companies, both listing Riadh Ben Aissa as the sole beneficial owner. In return for the bribes, Al-Saadi Gaddafi applied his influence to the construction contract bidding process, ensuring contracts were awarded to SNC-Lavalin Construction. Payments of personal benefits totalling over $ 73.5 million were also made through
4815-472: The Local Forecast along with the introduction of new weather icon that is used currently. In 2002, The Weather Network introduced "Metacast Ultra", a weather presentation system that consisted of weather maps featuring more than 1,200 local communities, commuter routes and regional highways, animated weather icons, and higher resolution weather graphics. On March 29, 2004, The Weather Network introduced
4922-495: The Ontario government signed a $ 3.1 billion 99-year lease for Ontario Highway 407 with 407 International Inc. , a conglomerate of three private companies, including SNC-Lavalin. It was renamed 407 ETR. In the early 2000s, SNC-Lavalin won the contract to repair Montreal's Jacques Cartier Bridge . In 2002–2003 the firm completed a feasibility study of the Lac Doré Vanadium Deposit , in which they established
5029-722: The Prime Minister's Office attempted to influence Wilson-Raybould. On February 27, 2019, Wilson-Raybould spoke about the SNC-Lavalin controversy at a hearing of the House of Commons justice committee. In her first substantial public statement on the matter, she testified that she was inappropriately pressured to prevent the Montreal-based company from being prosecuted in a bribery case. On 14 August 2019, Mario Dion , conflict of interest and ethics commissioner, released
5136-516: The Venture Capital Firm. Self-organized funding allocation (SOFA) is a method of distributing funding for scientific research . In this system, each researcher is allocated an equal amount of funding, and is required to anonymously allocate a fraction of their funds to the research of others. Proponents of SOFA argue that it would result in similar distribution of funding as the present grant system, but with less overhead. In 2016,
5243-757: The World Bank's global projects. The World Bank had originally offered to fund $ 1.5 billion of the $ 3 billion but pulled back following the allegations. However, on February 11, 2017, the Ontario Superior Court found no proof of the Padma bridge bribery conspiracy, dismissed the case, and acquitted the ex-SNC-Lavalin executives. According to the Dhaka Tribune , Justice Ian Nordheimer rebuked the Canadian police, saying: "Reduced to its essentials,
5350-486: The allegations involving the bribing of Libyan officials between 2001 and 2011. SNC-Lavalin won a large infrastructure contract to renovate and modernize hydroelectric power stations with the Indian government in 1995 which resulted in an alleged net loss to the Indian exchequer of 3745.0 million rupees , but led to no charges against the firm. SNC-Lavalin was subsequently accused of bribery and financial fraud related to
5457-460: The allegations were related to SLII common practice of list project consultancy costs (PCC), also known as project commercial cost, as a line item in internal budgets documents related to the bidding process. As a result of the original investigation by World Bank investigators who worked with RCMP officers, in September 2013, the World Bank blacklisted SNC-Lavalin and its affiliates from bidding on
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#17327732915855564-544: The backdrop of the transformative advances in electrification . Surveyer worked on hydropower projects with his partner, Augustin Frigon (1888–1952), an engineer, professor, and Director at the Polytechnique Montréal where Surveyer had earned his degree. In 1912, they worked on a power distribution network for the city of Grand-Mère on Saint-Maurice River . The project that increased the company's profile
5671-496: The bribery cases involving Arthur Porter at the McGill University Health Centre . According to a 2012 article in the Globe & Mail , these reports prompted calls for Canada to tighten bribery laws. According to the National Post , SNC-Lavalin employees allegedly were involved in fraud and forgery in relation to a $ 22.5 million kick-back described as "consulting fees" to Arthur Porter on
5778-411: The bribery scheme. The RCMP launched a subsequent investigation called Agrafe 2 into potential criminal charges against the company concerning the bridge contract. Two of the company's subsidiaries and two former executives, Normand Morin and Kamal Francis, were charged in September 2021. The prosecution encouraged the company to negotiate a plea deal, given the top management had completely changed since
5885-577: The bribes were discovered, the audit committee of the company's board launched an investigation into the matter, led by directors such as Claude Mongeau , then the CEO at Canadian National Railway . During the audit committee investigation, the Financial Post wrote a story critical of full-time CEOs serving on the boards of directors of other companies, calling out Mongeau specifically. Charges were laid against senior executives from 2014 through 2019 in
5992-425: The capital can end up at the borrower. The lender can lend the capital to a financial intermediary against interest. These financial intermediaries then reinvest the money against a higher rate. The use of financial intermediaries to finance operations is called indirect finance . A lender can also go to the financial markets to directly lend to a borrower. This method is called direct finance . Research funding
6099-664: The case. Wilson-Raybould refused to comment on the matter citing solicitor-client privilege . Under pressure from the Conservative Party of Canada and the New Democratic Party (NDP), on February 11, 2019, the conflict of interest and ethics commissioner launched an inquiry into allegations of political interference and a possible violation of the Conflict of Interest Act in the SNC-Lavalin case. On February 18, 2019, Gerald Butts , Trudeau's principal secretary, resigned and denied that he or anyone else in
6206-479: The channel as subscribers would have to pay an additional $ 7 to watch The Weather Network. In late 2004, TWN made improved local forecast coverage, providing more localized forecasts in up to 1,200 communities across Canada. The Weather Network relocated its headquarters to Oakville, Ontario in November 2005. The channel's GTA morning show made its debut at the brand new broadcast facility on November 29, 2005, while
6313-619: The city of Montréal and the company’s French-Canadian roots. The new name also evoked the word ‘realise’, as in ‘make happen’. The new name was used immediately on all communications materials and the Toronto Stock Exchange (new ticker symbol TSX: ATRL). The legal name switch requires shareholder approval at the company's 2024 annual general meeting. SNC-Lavalin sold the Scandinavian businesses of Atkins to French engineering firm SYSTRA for $ 102 million in 2023. In 1999,
6420-641: The city. The bottom of the ticker now alternates between national weather headlines and information of upcoming programming, which could be overridden at anytime by special weather statements on a bottom-up scrolling text format. In 2006, Bell Satellite TV and The Weather Network started an interactive version of The Weather Network, enabling viewers to set their city and view specific forecasts every time. These services are no longer available as of August 1, 2021. In addition to its website, The Weather Network runs an e-mail and text messaging service called WeatherDirect, that sends weather forecasts via e-mail. There
6527-476: The company's oil & gas business, including the former Atkins and Kentz oil and gas businesses, was sold to Dubai -based Kentech Corporate Holdings. After the transaction was completed Kentech changed its name to Kent plc. On September 13, 2023, SNC-Lavalin announced it was rebranding to become AtkinsRéalis. President and CEO Ian Edwards said the new name combined the Atkins legacy brand and ‘Réalis, inspired by
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#17327732915856634-530: The company's share prices dropped, leaving it vulnerable to a hostile takeover. According to the Montreal Gazette , Quebec Premier François Legault said that SNC-Lavalin was one of ten publicly traded companies headquartered in Quebec that the province considers to be "strategic" and therefore in need of protection from a takeover that would force the company to leave the province. On February 8, 2019,
6741-546: The condition that Pelmorex develop a " national aggregator and distributor " of localized emergency alert messages. In early 2013, The Weather Network launched regional feeds, currently for Alberta and the Maritime provinces. Each feed features its own regional forecasts, weather stories, and where available, traffic information was provided by Beat the Traffic . On December 8, 2014, The Weather Network and CBC News began
6848-565: The construction of Ermine Power Station for SaskPower in Saskatchewan in 2009. In 2010 the firm completed the construction of a $ 1.3 billion hospital at the McGill University Health Centre . (See discussion regarding controversy, below.) The firm was awarded the 2015 Canadian Consulting Engineering Awards for its work in structural and civil engineering for the Halifax Central Library project in which they created
6955-473: The contract in 2008. A government investigation resulted in the expulsion of several Indian government officials. Former Federal Bridge Corporation CEO Michel Fournier was charged with taking $ 2.35 million in bribes from SNC-Lavalin in return for the contract to repair the Jacques Cartier Bridge in the early 2000s. Fournier pleaded guilty and sentenced in 2017 to five years for his part in
7062-675: The contract to build the new $ 1.3 billion hospital at the McGill University Health Centre 's CEO in violation of the Quebec Health Act . SNC-Lavalin were awarded the contract even though they were outbid by $ 60 million. The case led to an investigation by the Charbonneau Commission . Porter resigned from the post on December 5, 2011, in light of substantial public pressure. Porter was arrested in Panama on fraud charges on May 27, 2013, which alleged that he took part in
7169-879: The deposit as the largest vanadium deposit in North America. In 2005 SNC-Lavalin in partnership with Brun-Way Group, won the $ 543.8-million contract to build the Brun-way project to twin Route 2 , the New Brunswick portion of the Trans-Canada Highway from Woodstock, New Brunswick to Fredericton . The contract with the New Brunswick government was completed in 2007. In June 2005, the BC Department of Transport selected SNC-Lavalin for
7276-406: The director of public prosecution's decision not to negotiate a deal with SNC-Lavalin that would see the company avoid criminal prosecution over charges of corruption and fraud stemming from an RCMP investigation. The report analyses SNC-Lavalin's interests and finds that the lobbying effort advanced private interests of the company, rather than public interests. The report's analysis section discusses
7383-430: The exchange of equity ownership in a company for capital investment via an online funding portal per the Jumpstart Our Business Startups Act (alternately, the "JOBS Act of 2012") (U.S.) is known as equity crowdfunding . Funds can be allocated for either short-term or long-term purposes. In economics funds are injected into the market as capital by lenders and taken as loans by borrowers. There are two ways in which
7490-405: The execution of the embezzlement" of $ 22.5 million of company funds. Duhaime was charged with several counts related to the bribe. In February 2019 he pleaded guilty to one count of breach of trust. The prosecution vacated some 15 further charges. An investigation into an alleged graft related to 2011 bids for the construction of the 6.51 kilometre (four-mile) USD$ 3 billion road—rail bridge crossing
7597-508: The firm won a BOO (build–own–operate) (BOO) contract from Crestwood Equity Partners valued at $ 100 million for multiple gas facilities in the Permian shale basin in the United States. In March 2016, it was awarded an $ 800M EPC management contract for a Middle East gas processing project. The Caisse de dépôt et placement du Québec is SNC-Lavalin's "long-term partner". According to an article by Pierre Fortin in L'actualité , Quebec Deposit and Investment Fund (the Caisse), which manages
7704-464: The five charges, and was fined $ 2,000. The remaining three charges were dropped by the prosecution. A 2012 CBC News report, said that the first reports of murky affairs surfaced against the company in 2010 in relation to contracts in Libya. According to a CBC News article, a Libyan bribery and fraud scandal involving crimes that took place from 2001 to 2011 led to charges in "connection with payments of nearly $ 48 million" to Libyan public officials. In
7811-523: The form of investments or loans. Corporations might provide funding for other businesses, especially in industries where there is a strategic benefit. Government funding is provided by local, state, or federal governments to support specific projects or activities. This type of funding can come in the form of grants, subsidies, or loans. Government funding is often aimed at promoting public policies or supporting economic growth and development. Angel investors are affluent individuals who provide capital for
7918-400: The former, small firms could pre-sell a product or service to start a business whereas in the latter, backers buy a certain amount of shares of a firm in exchange of money. As for reward-based crowdfunding, project creators would set a funding target and deadline. Anyone who is interested can pledge on the projects. Projects must reach its targeted amount in order for it to be carried out. Once
8025-452: The head of SNC International, had "signed several of the contracts between SNC and commercial consultants for work in Africa" having declared that "he believed he was dealing with veritable consultants" and having been later cleared of any wrongdoing by investigators, as reported by La Presse . This included a contract with former Libyan dictator Muammar Gaddafi 's controversial government. By
8132-502: The hour. For some regions including the Greater Toronto Area, Alberta and the Maritime provinces, "Regional forecasts" are shown every half-hour, featuring forecasts and weather stories specifically for its respective region. For some areas, traffic reports are also presented during the morning and afternoon commute. For other regions "WeatherWATCH" provide a detailed analysis of the current weather across Canada, including
8239-517: The information provided in the [wiretap applications] was nothing more than speculation, gossip, and rumor." In 2015, internal documents from SaskPower (the crown corporation that is the principal electric utility in Saskatchewan , Canada), revealed that there were "serious design issues" in the carbon capture and storage system at its coal-fired Boundary Dam Power Station , resulting in regular breakdowns and maintenance problems that caused
8346-517: The kick-back scheme. The CBC called it the biggest fraud investigation in Canadian history. SNC-Lavalin CEO, Pierre Duhaime in March 2012, was arrested on fraud charges by Quebec authorities on November 28, 2012. SNC-Lavalin sued Duhaime for millions of dollars in damages, claiming that he stained its goodwill by means of the McGill University Health Centre superhospital scandal. The company claims that Duhaime "facilitated
8453-744: The launch of the investigation, there had been months-long media speculation about the company's work in Libya and its ties to the Muammar Gaddafi family. In 2012, the RCMP investigated the company on these charges in the Project Assistance investigation and, in 2015, they charged SNC-Lavalin with "fraud and corruption", which the company indicated they would contest in court. On December 18, 2019, SNC-Lavalin Construction Inc. pleaded guilty to fraud contrary to section 380(1) a) of
8560-632: The most important projects was the work he oversaw on the recently nationalized Hydro-Québec 's Manic-5 project (1959–1970) on the Manicouagan River , north of Baie-Comeau . It was built for hydroelectric power production and supplies water to the Manic-5s power houses . The firm's first international contract was awarded in 1963, to design and build the 780 MW Idukki power station in Kerala State, India. SNC's main rival in Canada
8667-436: The most notable was "EarthWatch", which originally began as a five-minute news segment discussing environmental and weather-related issues. The show had expanded as a nighttime programming block in the mid-1990s, and the news segment later spun off as the current "WeatherWatch" segment. Other programming blocks included the "Morning Report", focusing on Eastern Canada in the mornings; "Sea to Sea", focusing on Western Canada in
8774-465: The network's national programming started broadcasting from the new facility on December 2, 2005. The Weather Network has gradually introduced new local weather products including an hourly forecast for the next 12 hours in 2006, long term precipitation forecasts in 2008 and improved satellite and radar maps in 2009. In 2009, The Weather Network was granted 9(1)( h ) must-carry status by the CRTC, under
8881-928: The newly formed company, SNC-Lavalin until 1999. He oversaw major projects including the TransCanada highway in Montreal, the Louis-Hippolyte-Lafontaine Bridge-Tunnel , the Olympic Stadium in Montréal, and Alcan in the Ville de La Baie. He also oversaw projects in Benin and in Algeria. Bernard Lamarre's younger brother, Jacques Lamarre , a civil engineer , became SNC-Lavalin's CEO in 1996 and left his post in 2009. According to Ingram, SNC-Lavalin partnered with Bombardier in
8988-472: The offences had occurred. Bribery payments were made through a Lebanese intermediary to Fournier, and were disguised as fictitious work on projects in Algeria and Libya. In May 2022 the company negotiated a deferred prosecution agreement and agreed to pay fines, surcharges and victim compensation totalling $ 29.6 million to settle the matter. In 2016, commissioner of Canada elections was probing political party donations made by SNC-Lavalin employees. According to
9095-548: The original company name. In the 1970s, Lavalin designed and built the fabric roof for Montreal's Olympic Stadium and built the James Bay Project , in a partnership with the United-States-based Bechtel . According to a 1986 Maclean's article by Anthony Wilson-Smith, Lavalin was Canada's "largest engineering firm, with $ 625 million in operating revenues in 1985 and 5,700 employees. SNC was
9202-550: The past, there was little to no advertising. Currently, local forecasts are sponsored using static logos during and after forecasts. The channel has also been criticized for putting more coverage over the weather in Southern Ontario than the rest of Canada during its national segments. The 2008 launch of local programming for the Greater Toronto Area had also further limited updated forecasts throughout
9309-471: The projects ended with enough funds, projects creators would have to make sure that they fulfill their promises by the intended timeline and delivery their products or services. To raise capital , you require funds from investors who are interested in the investments . You have to present those investors with high-return projects. By displaying high-level potentials of the projects, investors would be more attracted to put their money into those projects. After
9416-537: The representative companies to Ben Aissa and Sami Bebawi, a former vice-president of SLCI. As part of its plea agreement with the Public Prosecution Service, SLCI was fined $ 280 million and given a three-year probation order. In exchange, the remaining corruption and fraud charges against SNC-Lavalin Group Inc., SNC-Lavalin Construction Inc. and SNC-Lavalin International Inc. were stayed. After
9523-467: The same article, it was reported that the company was also accused of "defrauding Libyan organizations of an estimated $ 130 million". In 2015, SNC-Lavalin was charged with bribing Libyan officials in exchange for construction contracts between 2001 and 2011. In 2011, the RCMP began an investigation called Project Assistance which was triggered by a tip from Swiss authorities. According to an August 16, 2013 Financial Post article, Michael Novak, who had been
9630-447: The same award again in 2008 for a story on a man and his seeing-eye dog trying to adapt to a harsh New Brunswick winter. The Weather Network HD is a 1080i high definition simulcast of The Weather Network that launched on May 30, 2011. It is currently available on Cogeco , EastLink , Bell MTS , Rogers Cable , Telus Optik TV, and Shaw Cable . The HD simulcast for cable and IPTV providers currently do not offer local forecasts unlike
9737-441: The same systems owned by The Weather Channel in the U.S. called WeatherStar . TWN began using its own system called PMX in 1996, which is still in use today. Pelmorex purchased The Weather Network from SNC-Lavalin in 1993, two years after the merger of SNC and Lavalin. The channel launched its website in 1996. Throughout the 1990s and early 2000s, The Weather Network broadcasts were divided into different programming blocks. One of
9844-506: The second largest". Wilson-Smith also said that they were "among the largest engineering firms in the world". Lavalin branched out in other industries, such as cable television—Canada's The Weather Network and MétéoMédia were founded by Lavalin in 1988. Lavalin's shares were sold to Pelmorex in 1993. By 1990 Lavalin Inc included over 70 companies worth CA$ 1.2 billion. It was forced to sell to its rival SNC in 1991. Bernard Lamarre remained with
9951-520: The source that provided information to CBC News, the investigation found that SNC-Lavalin reimbursed all of those individual donations—a practice forbidden under the Canada Elections Act —but Elections Canada reached an agreement with the company to avoid prosecution. In May 2018, former SNC-Lavalin executive vice president Normand Morin was charged with making illegal donations to Canadian federal political parties, on recommendation from
10058-413: The standard definition feed. On August 22, 2017, the HD feed debuted on Shaw Direct . At first, the channel's design featured a carousel consists of current temperatures, 18-hour and 3-day forecasts (including expected temperatures, conditions and precipitation possibility) for key cities within the viewer's region. Throughout the local forecast segments, an additional L-shaped banner was introduced, with
10165-594: The summer of 2013, police alleged that the "unknown commercial consultants" had never existed and that Ben Aissa had "set up shell companies so he could pocket the [$ 56 million] himself". By July 2014, Aissa was jailed in Switzerland for "suspicion of corruption, fraud and money-laundering in North Africa". When SNC-Lavalin pulled out of Libya in 2011, it left behind $ 22.9 million in Libyan banks. In 2013, Roy filed
10272-427: The time, while many of the Montreal presenters initially relocated, most departed from the channel over time, many of whom moved back to Montreal. To date, Chris St. Clair is the only presenter from Montreal remaining. Late 2000 marked the beginning of a period of gradual, but significant changes with The Weather Network's programming, starting with the launch of a seven-day and short term precipitation forecast during
10379-452: The top two-thirds of the ticker displays similar information (for two cities at a time instead of one), while the bottom of the ticker promotes upcoming segments in the programming cycle. At the start of 2014 spring programming cycle, "14 day trends" were introduced to the latter, whilst the former showcased information from 50 major Canadian cities. The L-shaped banner was expanded to be used at all times. Special weather statements are shown on
10486-449: The topics of prosecutorial independence and Shawcross doctrine (dual role of Attorney General) to draw the conclusion that the influence was improper and a violation of Conflict of Interest Act . Financing Funding is the act of providing resources to finance a need, program, or project. While this is usually in the form of money , it can also take the form of effort or time from an organization or company. Generally, this word
10593-518: The transmission and distribution of energy, hydro power , nuclear power , renewables and thermal power generation, energy from waste, electrical power delivery systems", and "clean and sustainable power technologies". In 1911, Arthur Surveyer established a consulting engineering office, Arthur Surveyer & Cie., in Montréal after completing studies in Belgium and at the Polytechnique Montréal and working for several years with public works. Against
10700-485: The two aging facilities near Estevan —Boundary Dams 4 and 5 (BD4 and BD5) with carbon capture and storage (CCS). According to a February 11, 2019 CBC News article, SNC-Lavalin has "received about $ 765,800,000 in [Saskatchewan provincial] government contracts from 2009 to 2018". Following a 2017 public consultation process, the Government of Canada moved forward with the establishment of a "made-in-Canada version of
10807-473: The unit to be operational only 40% of the time. SNC-Lavalin had been contracted to engineer, procure, and build the facility, and the documents asserted that it "has neither the will or the ability to fix some of these fundamental flaws". The low productivity of the plant had in turn meant that SaskPower was only able to sell half of the 800,000 tonnes of captured carbon dioxide that it had contracted to sell to Cenovus Energy for use in enhanced oil recovery at
10914-441: The weather expected nationwide over the next three days. WeatherWATCH airs for three minutes just before the local/regional forecasts. The remaining half-hour cycle features various weather stories from across the country and around the world. In addition, TWN airs a variety of smaller segments including: The Weather Network the news department won the first annual Adrienne Clarkson Diversity Award for network television. This award
11021-426: Was Lalonde, Valois International Limited, a company that was established in 1936 by engineers Jean-Paul Lalonde and Romeo Valois. Bernard Lamarre, who would later become director and CEO in 1962 and lead Lavalin for 29 years, had married Louise Lalonde, Jean-Paul Lalonde's daughter in 1952, and began working at Lalonde, Valois International Limited. In 1972, the company changed its name to Lavalin—combining syllables from
11128-580: Was launched on September 1, 1988 as WeatherNow by Lavalin Inc. and Landmark Communications , the owner of The Weather Channel and renamed to its present name on May 1, 1989. With ownership changes over the years, Pelmorex acquired TWC's stake in 2015. The network offers regional feeds for Alberta , Toronto , Atlantic Canada and British Columbia . It also operates counterpart brands including MétéoMédia ; Canadian , Eltiempo Spain , Wetter Plus Germany , and Clima Latin America . The Weather Network
11235-520: Was licensed by the Canadian Radio-television and Telecommunications Commission on December 1, 1987 and began broadcasting on September 1, 1988 (six years after the U.S. Weather Channel ) as WeatherNow , under the ownership of engineering firm Lavalin Inc. (now known as SNC-Lavalin ) and Landmark Communications . The channel gained its present name on May 1, 1989. In the early years, TWN, and its sister channel, MétéoMédia, shared
11342-580: Was signed in 1946, and the firm's name was changed to Surveyer, Nenniger and Chênevert. The name would eventually be abbreviated to SNC. In 1967 Camille A. Dagenais OC , became president and CEO of SNC Group, a position he held until 1975. When Dagenais was inducted into the Order of Canada, he was honoured for his accomplishments at SNC—specifically for large-scale hydro development projects in Canada and internationally, for example, in India and Greece. One of
11449-486: Was the Saint-Maurice River hydroelectric power station, which they designed and supervised. The company specialized in hydraulics, managing hydropower projects and flood control, and soon branched out into the industrial sector, particularly in pulp and paper, and mining and metallurgy. Surveyer formed a first 10-year partnership with Emil Nenniger and Georges Chênevert in 1937. A second partnership agreement
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