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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$15 million.
The SNC-Lavalin affair (French: Affaire SNC-Lavalin) is a political scandal involving attempted political interference with the justice system by the Prime Minister of Canada, Justin Trudeau, and the Prime Minister's Office (PMO).
Lavalin was a Canadian civil engineering and construction firm based in Montreal, Quebec.After a major expansion program in the 1980s that led to financial difficulties, in 1991 Lavalin merged with its long-time competitor, Surveyer, Nenniger & Chenevert Consulting Engineers (SNC), to become today's SNC-Lavalin, forming one of the ten largest engineering firms in the world.
During October 2011, it was announced that Interfleet would be acquired by SNC-Lavalin. [4] [5] [6]During May 2013, it was announced that Interfleet had been appointed to provide various services for the Intercity Express Programme, including direct technical support to Hitachi, assessment and certification services for compliance to relevant European and British legislation, as well as ...
During July 2017 the company was bought by SNC-Lavalin in a £2.1 billion deal [2] [3] which subsequently renamed to AtkinsRéalis in 2023. The company was founded as W. S. Atkins & Partners by Sir William Atkins in 1938.
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Candu Energy Inc. was created in 2011 when parent company SNC-Lavalin purchased the commercial reactor division of Atomic Energy of Canada Limited (AECL), along with the development and marketing rights to CANDU reactor technology. [1] [2] Candu Energy Inc. is located in Mississauga, Ontario, Canada. Candu Energy lists its main business lines as:
SNC purchased the engineering portions of the company and became SNC-Lavalin, while most other business were sold to other firms. At that time, UTDC Inc. was a manufacturer of mass transit vehicles with 860 workers in Thunder Bay and Kingston, Ontario, creating a yearly turnover of .US$ 250 million. Bombardier received a US$ 17 million subsidy ...