Quebec Premier Francois Legault says all options are currently on the table to prevent SNC-Lavalin from being sold or dismantled
Quebec Premier Francois Legault speaks with the media during a news conference in Gatineau, Que., on Jan. 30, 2019.Quebec Premier Francois Legault says his government isn’t ruling out buying shares in SNC-Lavalin in order to prevent the company from being sold or dismantled.
The province’s pension fund manager already has a stake of about 20 per cent in the company, but not enough to form a blocking minority.SNC-Lavalin is currently facing fraud charges stemming from alleged dealings with the Libyan regime under Moammar Gadhafi between 2001 and 2011. A conviction would mean a 10-year ban from bidding on federal contracts, which could cripple the company.
Legault told reporters in Bromont, Que., that he has spoken with Trudeau on the need to find a way to save SNC-Lavalin and the jobs it creates.
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