Government of Canada proposes new regulations for playpens

Proposed regulations would strengthen requirements for playpens to better protect infants and young children from potential injury or death

April 21, 2017 Ottawa, ON Health Canada

Playpens are intended to provide a safe playing environment for infants and young children. However, over the years, playpen designs have evolved and there are safety hazards associated with certain designs, including the use of accessories, such as change tables and other sleep accessories.

While these changes may appear convenient to parents, there are risks involved, including strangulation in collapsed side rails, getting caught between accessories and the playpen, getting caught in openings in the sides of the playpen, and suffocation on the angled mattress pads of sleep accessories.

Following consultation with provincial and territorial governments, Health Canada is proposing to replace the current requirements for playpens under the Canada Consumer Product Safety Act, with the new Playpens Regulations. The proposed regulations were developed to help address identified safety issues and align the majority of the Canadian requirements with those in the U.S.

The proposed Playpens Regulations also better align with the Cribs, Cradles and Bassinets Regulations, which came into force on December 29, 2016. The Cribs, Cradles and Bassinets Regulations contain improved safety requirements for products marketed or intended for children’s sleep, such as cribs, cradles and bassinets, as well as sleep accessories that attach to these products.

The Government of Canada encourages Canadians to review the proposed new regulations and to submit feedback to Health Canada by June 6, 2017.

The best place for an infant or young child to sleep is always a crib, cradle or bassinet. Health Canada continues to remind parents and caregivers that playpens should not be used for unsupervised sleep. The Department also recommends that parents and caregivers always follow the manufacturer’s instructions for assembly and use.


“When parents purchase a playpen, they should have confidence that it will provide a safe environment for their child. The proposed changes will further strengthen safety requirements for these products in order to better protect infants and young children.”

Jane Philpott
Minister of Health

“As an organization dedicated to injury prevention and saving lives, Parachute supports these proposed new requirements. The stricter standards that Health Canada has introduced today will offer parents and caregivers better peace of mind when using products that children play and interact with on a daily basis.”

Pamela Fuselli,
Interim CEO, Parachute

Quick Facts

  • The proposed regulations include:
    • additional requirements and test methods to address unintentional folding or collapse of the playpen’s top rails, and
    • the introduction of requirements and test methods for playpen accessories, including accessories intended for unsupervised infant sleep.
  • Between 1990 and September 2016, the Department received 156 reports of incidents associated with playpens and their accessories. These incident reports included 10 deaths, 1 serious injury, 31 minor injuries, and 114 incidents without injury.
  • Between 1995 and October 2016, Health Canada negotiated 19 voluntary recalls with industry that were related to playpens. Eight of these related to entanglement, six to side-rail collapse and five to playpen accessories.

Associated Links


Andrew MacKendrick
Office of Jane Philpott
Minister of Health

Media Relations
Health Canada

Public Inquiries:
1-866 225-0709


Changes to three CMF program deadlines

Northern Incentive, Anglophone Minority Incentive and Corus-CMF “Page to Pitch” Program

Toronto, April 21, 2017 – The Canada Media Fund (CMF) has modified deadlines for two of its programs to reflect feedback from producers who regularly benefit from these programs. Specifically, deadlines to apply for production funding through the CMF Northern Incentive and the Anglophone Minority Incentive have changed. The Development funding deadline for the Northern Incentive remains May 23, 2017. The CMF also announced upcoming deadlines for the Corus-CMF “Page to Pitch” Program.

The new deadlines are as follows:

    • Northern Incentive – Production
      • Opening date : May 30, 2017
    • Anglophone Minority Incentive
      • First opening date ($3M): May 16, 2017
      • Second opening date (1.5M$): August 29, 2017
  • Corus-CMF “Page to Pitch” Program
    • Year Four, Round Two: June 13, 2017
    • Year Five: October 3, 2017

The Corus-CMF Page to Pitch program is available to producers seeking funding for creative and business activities during the development of eligible live-action and animated television projects triggered by any CRTC-licensed Canadian broadcaster. It funds eligible costs related to story and script development as well as expenses related to the acquisition of pre-sale financing from foreign broadcasters and distributors. The following types of projects are eligible for funding in Year Four, Round Two of this program:

  • English Animation or animated-related projects: PAGE funding
  • French Live Action projects including documentaries: PAGE and PITCH funding

About the Canada Media Fund
The Canada Media Fund (CMF) fosters, develops, finances and promotes the production of Canadian content and applications for all audiovisual media platforms. The CMF guides Canadian content towards a competitive global environment by fostering industry innovation, rewarding success, enabling a diversity of voice and promoting access to content through public and private sector partnerships. The CMF receives financial contributions from the Government of Canada and Canada’s cable, satellite and IPTV distributors. Please visit


For more information, please contact:

André Ferreira
Communications Manager
Canada Media Fund


21 Additional First Nations welcomed as Signatories to the Framework Agreement

(April 21, 2017)

On behalf of the Lands Advisory Board, and the Framework Agreement Signatory First Nations, and with the full support of Canada, we are delighted to welcome the following 21 new signatory nations to the Framework Agreement. This brings the total number of Framework Agreement Signatory First Nations to 148.

This year the Framework Agreement on First Nation Land Management (Framework Agreement) celebrates 21 years of land governance authority, during which time it has helped communities across the country exercise their inherent rights over their reserve lands and resources. Under the Framework Agreement and the First Nations Land Management Act, 33 sections of the Indian Act no longer apply to those communities who ratify their community land codes enabling these communities to move ahead in their goals of self‐governance and self‐sufficiency beyond the boundaries of the Indian Act.

The Lands Advisory Board and the First Nations Land Management Resource Centre, have worked diligently to provide support to the Framework Agreement signatories, and to ensure that all First Nations are offered the opportunity to pursue this initiative, if they so desire. We are thankful to Canada, and to Minister Bennet and her staff, for the cooperation, partnership and continued support of First Nations across Canada in their pursuit to become signatories to the Framework Agreement.

We look forward to working with each of them as they continue their journey towards self‐ determination.

Nova Scotia: Paqtnkek Mi’kmaw Nation
Quebec: Listiguj Mi’gmaq

Animbiigoo Zaagi’igan Anishnaabek, Chapleau Cree, Big Grassy, Hiawatha,

Mattagami, Saugeen, Sheshegwaning

Saskatchewan: Carry The Kettle, James Smith, Sakimay
Alberta: Enoch Cree, Fort McMurray
British Ditidaht, Iskut, Kwaw‐kwaw‐apilt, Lytton, Penelakut, Splatsin Indian Band,
Columbia: T’it’q’et

“It is with great pride that we announce the addition of these 21 First Nations as signatories to the Framework Agreement. Under the Framework Agreement First Nations are recognized as the authority over their lands and resources and as such, land management activities are being completed at the speed of business. We are forging a new path of prosperity for our communities, and it is wonderful to welcome these 21 additional First Nations on our journey”

– Robert Louie

Chair, First Nations Land Advisory Board

“The Framework Agreement strengthens Aboriginal culture, renews our role as stewards of the land, promotes self‐sufficiency and community pride, and offers protection for our traditional values. It is a great day when we can welcome additional First Nations to the Framework Agreement, so that they too can experience the tremendous benefit it affords to our everyday lives. My thanks to Canada, and to Minister Bennet, for the continued support of this important, First Nation led initiative.”

– Chief Austin Bear

First Nations Land Management Resource Centre Inc.

“Congratulations to the 21 new signatory Nations to the Framework Agreement. Today marks an important step towards your journey to self‐determination. We will continue to work in full partnership with all the signatories as you assume greater control over reserve lands and resources ‐ leading to a brighter, more prosperous future for all.”

–The Honourable Carolyn Bennett

Minister of Indigenous and Northern Affairs

For further information on this historic departure from the Indian Act, please contact:

First Nation Lands Management Resource Centre Communications Department



To help mark #Canada150, NFB’s What We Protect explores what we strive to defend as Canadians. Now online, second installment of 1 Nation. 4 Lenses includes a special film playlist on environmental issues to mark Earth Day, April 22

April 20, 2017 – Montreal – National Film Board of Canada (NFB)

We stand on guard for thee. These are the words that ring through the air at the end of our national anthem.

It’s also the inspiration for What We Protect, the latest installment of the National Film Board of Canada’s 1 Nation. 4 Lenses, part of its special online programming for the 150th anniversary of Confederation (#Canada150).

What We Protect brings together works from the NFB’s storied archives that reflect what we strive to protect as a nation―and in recognition of Earth Day, April 22, includes a special playlist exploring Canada’s environment.

From asylum seekers arriving in Canada to escape homophobic violence to members of the Haisla Nation trying to protect a vital link to their ancestral heritage, how we respond to environmental, cultural, social, and human rights issues goes a long way in defining who we are.

Films and interactive works

Three feature-length documentaries are featured as part of What We Protect. Acclaimed Indigenous filmmaker Gil Cardinal’s Totem: The Return of the G’psgolox Pole documents the successful efforts of the Haisla Nation to repatriate their traditional mortuary pole, taken from their community back in 1929. Acadian director Paul-Émile d’Entremont’s Last Chance follows the stories of five asylum seekers who flee their native countries to escape homophobic violence, while Montreal’s Paul Cowan garners unprecedented access to a UN peacekeeping mission trying to avert a humanitarian disaster in the Democratic Republic of Congo, in The Peacekeepers (NFB/13 Production/ARTE France).

Also selected is the interactive documentary This Land, in which Dianne Whelan accompanies a military expedition to the northernmost tip of Canada to plant the flag, and Twice upon a Time/Il était deux fois, Giles Walker’s humorous short poking fun at Canadian bilingualism.

Environmental playlist

In honour of Earth Day and #Canada150, the NFB is curating 10 acclaimed films from its collection exploring Canada’s environment and the challenges it faces, in every corner of this vast and varied land:

·        Faced with the worrisome reality of monocropping in PEI, Millefiore Clarkes’s Island Green asks: What if Canada’s smallest province went organic?

·        Director Jacques Gagné and pioneering naturalist Jacques Cousteau journey up the St. Lawrence River to the Great Lakes aboard the Calypso, in St. Lawrence: Stairway to the Sea.

·        In Hole Story, Richard Desjardins and Robert Monderie provide an essential look at how mining is practised in this country.

·        Cry of the Wild is acclaimed filmmaker and conservationist Bill Mason’s classic 1972 film, which helped change the way we view wolves.

·        Co-directed by Leanne Allison and Diana Wilson, Being Caribou follows Allison and her husband, Karsten Heuer, on a 1,500-kilometre trek along with 120,000 caribou, to explore the consequences of oil and gas development in Alaska’s Arctic National Wildlife Refuge.

·        Scott Parker’s A Rancher’s View shows how cattle are now seen as part of the conservation solution in southern Saskatchewan’s Grasslands National Park.

·        Sun, Wind and Wood is Dorothy Todd Hénaut’s 1978 look at people developing their own alternative sources of energy.

·        In Never Lose Sight, Sarah McNair-Landry documents grassroots efforts to meet Iqaluit’s trash problem, with the community’s two dumps filled beyond capacity.

·        Kaj Pindal and Les Drew’s Oscar-nominated 1966 animated short What on Earth! takes a comical look at car culture through the eyes of bemused Martians.

·        Teresa Marshall and Craig Berggold offer up a personal look at Canada’s unique “pocket desert,” nestled in BC’s dry interior, in Pocket Desert: Confessions of a Snake Killer.

Previous and upcoming chapters

What We Call Home, the first installment of 1 Nation. 4 Lenses, was launched online at on February 20. It will be followed by What We Seek (June) and What We Fight For (September).


About the NFB

The NFB is Canada’s public producer of award-winning creative documentaries, auteur animation, and groundbreaking interactive stories, installations and participatory experiences. NFB producers are deeply embedded in communities across the country, working with talented artists and creators in production studios from St. John’s to Vancouver, on projects that stand out for their excellence in storytelling, their innovation, and their social resonance. NFB productions have won over 5,000 awards, including 18 Canadian Screen Awards, 17 Webbys, 12 Oscars and more than 90 Genies. To access many of these works, visit or download the NFB’s apps for mobile devices and connected TV.

Associated Links


Jennifer Mair
Publicist – Toronto
Cell: 416-436-0105
E-mail :
Twitter: @NFB_Jennifer

Katja De Bock
NFB Publicist – Vancouver
Tel.: 604-666-8585
Cell: 778-628-4890
Twitter: @NFB_Katja

Pat Dillon-Moore
NFB Publicist – Montreal
Cell: 514-206-1750
Twitter: @PatDoftheNFB

Lily Robert
Director, Communications and Public Affairs, NFB
Tel.: 514-283-3838
Cell: 514-296-8261


Great Canadian Shoreline Cleanup challenges Canadians to set a new record for Canada’s 150th birthday

ACROSS CANADA, April 21, 2017 – Canada is turning 150 this year and to celebrate the Great Canadian Shoreline Cleanup is challenging Canadians to mark Canada’s big birthday by cleaning their shorelines in record-breaking numbers.

With Earth Day tomorrow, registration for the Great Canadian Shoreline Cleanup is now open and is easier than ever, with a new, user-friendly website at

“We had an incredible year in 2016,” said Rachel Schoeler, manager of the Shoreline Cleanup. “We broke all of our previous records, with more than 2,300 shorelines cleaned and 77,000 people helping us protect ecosystems and wildlife across the country.”

The Shoreline Cleanup isn’t coasting on its success for the year ahead; instead it will build on the momentum to almost double participation, with a birthday-themed target of 150,000 Canadians taking part for 2017.

“We’re setting an ambitious target because we believe Canadians have a responsibility to protect the nature around them — and as last year’s record participation shows, Canadians care deeply about the health of their communities and want to take action for the environment.”

Now in its 24th year, the Great Canadian Shoreline Cleanup, presented by Loblaw Companies Limited, is Canada’s largest conservation-based cleanup. An initiative of the Vancouver Aquarium Marine Science Centre and WWF-Canada, it calls on Canadians from coast to coast to help rehabilitate shoreline areas throughout the year. Participating in the Shoreline Cleanup educates participants on the stewardship of the water, habitats and how to make a positive impact on the environment.

“From storm drains, parks and school yards to lakes, rivers and oceans, shoreline litter impacts people and wildlife such as frogs, turtles, whales and birds in every corner of the country. By participating in the Shoreline Cleanup, we’re picking up debris before it has the chance to get into our aquatic ecosystems,” said Schoeler.

The most widely collected litter items in 2016 included plastic and paper bags, cigarettes, food wrappers and containers, caps and lids, glass and plastic beverage bottles, beverage cans, disposable flatware, straws, tobacco packaging and building materials. Once these items enter aquatic ecosystems, they can contaminate and degrade habitat, and cause injury to wildlife from ingestion and entanglement.

Celebrate Canada and make a difference in your community by taking action against shoreline litter. Participants can start a cleanup any time of year, at any shoreline across the country, and are invited clean it multiple times throughout the year.

The Great Canadian Shoreline Cleanup
The Great Canadian Shoreline Cleanup, presented by Loblaw Companies Limited, is one of the largest direct action conservation programs in Canada. A conservation initiative of the Vancouver Aquarium Marine Science Centre and WWF-Canada, the Shoreline Cleanup aims to promote understanding of shoreline litter issues by engaging Canadians to rehabilitate shoreline areas through cleanups.

Vancouver Aquarium Marine Science Centre
The Vancouver Aquarium Marine Science Centre is a non‐profit society dedicated to the conservation of aquatic life.

WWF-Canada creates solutions to the conservation challenges that matter most to Canadians, so that nature, wildlife and people thrive together. Because we are all wildlife.

Loblaw Companies Limited
Loblaw Companies Limited is Canada’s food and pharmacy leader, the nation’s largest retailer, and the majority unit holder of Choice Properties Real Estate Investment Trust.

Media contacts:

Deana Lancaster
Vancouver Aquarium Marine Science Centre

Emily Vandermeer
416-489-4567 ext. 7298


Ecojustice: First Nation to intervene to protect traditional territory

April 20, 2017

Copper One’s proposed mine will degrade land and pollute the headwaters of the Ottawa River, say the Mitchikanibikok Inik

OTTAWA and QUÉBEC – Mitchikanibikok Inik First Nation is calling on the court to reject mining company’s lawsuit to open their unceded territory for forestry and mining exploration.

“The Mitchikanibikok Inik First Nation have a constitutional right to consultation and accommodation,” said Ecojustice lawyer, Joshua Ginsberg. “Copper One’s application is an attempt to force through a regulatory approval while ignoring the rights of the Mitchikanibikok Inik people. This community has said time and again that mining activity cannot happen in their territory. They deserve to see that ‘no’ respected.”

Copper One, a junior mining company, filed a mandamus application to force the Quebec government to grant it “deforestation permits” that will allow it to start mining exploration activities in the Mitchikanibikok Inik (also known as Algonquins of Barrière Lake) traditional territory.

Ecojustice lawyers, with help from lawyers from the Centre québécois du droit de l’environnement (CQDE), will be representing the Mitchikanibikok Inik as intervenors in Copper One’s proceeding against the Quebec government.

“We have said repeatedly that mining cannot occur in our territory. We will not sit idle and let Copper One, or any other mining company, come in and jeopardize our way of life. No means no,” said Norman Matchewan of the Mitchikanibikok Inik First Nation.

The ancestral territories of the Mitchikanibikok Inik encompass many sites of ecological, cultural and survival importance, including: Burial sites, ceremonial sites, heritage sites, and occupancy sites; habitat for bears, spawning fish, and bald eagles; and hunting grounds for moose, medicinal plant gathering and tree harvesting.

“The Centre québécois du droit de l’environnement is pleased to collaborate on a case which concerns both indigenous and environmental law which we believe is fundamentally fair.” said CQDE lawyer Marc Bishai.


In 1991, the Mitchikanibikok Inik signed a trilateral agreement with the governments of Canada and Quebec to establish a system of sustainable development over 10,000 square kilometres of their unceded traditional territory. Negotiations regarding implementation are ongoing.

Since 2011, the Quebec government has enforced a moratorium on mining activity in the region, except for a brief period in 2016 when it was lifted — clearing the way for Copper One to proceed with mineral exploration. The government reinstated the moratorium in February 2017, but only until July.

Also available in French

For media inquiries

Joshua Ginsberg, director, lawyer | Ecojustice law clinic at the University of Ottawa
613 562 5800 ext. 3399,

Norman Matchewan | Mitchikanibikok Inik First Nation
819 441 8006,

Marc Bishai, lawyer| Centre Québécois du droit de l’environnement
514 991 9005,


SNC-Lavalin to acquire WS Atkins to greatly expand our global consulting, design and project management capabilities


April 20, 2017


  • Creates a $12.1 billion global professional services and project management company with 53,000 employees
  • Significantly improves SNC-Lavalin’s overall margins, and further balances the business portfolio
  • Enhances SNC-Lavalin’s global position and addressable market in infrastructure, rail & transit, and nuclear
  • Combines two highly complementary businesses and increases both geographic reach and customer diversification globally
  • SNC-Lavalin estimates a purchase price multiple of 9.8x for the trailing 12-month adjusted EBITDA1 post synergies2 and including the pension deficit3
  • Expected to deliver approximately $120 million of cost synergies by the end of the first full financial year after the effective date
  • Improves balance sheet efficiency by leveraging equity stake in Highway 407 ETR, while maintaining our investment grade rating

SNC-Lavalin Group Inc. (TSX: SNC) (“SNC-Lavalin” or the “Corporation”) is pleased to announce that it has reached an agreement with WS Atkins plc (“Atkins”), approved by the boards of directors of both companies, on the terms of a cash acquisition by which SNC-Lavalin will acquire the entire issued and to be issued share capital of Atkins for £20.80 per share in cash, representing an aggregate cash consideration of $3.6 billion*.

Headquartered in the UK, Atkins is one of the world’s most respected consultancies in design, engineering and project management, with a leadership position across the infrastructure, transportation and energy sectors. Tracing its roots back to 1938, Atkins today has 18,000 employees with revenues of approximately £2.0 billion in 2016, and is geographically diversified in the US, Middle East and Asia, together with a leading position in the UK and Scandinavia.

“We are very pleased to announce this proposed acquisition that is fully aligned with our growth strategy, creating a global fully integrated professional services and project management company – including capital investment, consulting, design, engineering, construction, sustaining capital and operations and maintenance. By combining two highly complementary businesses, we will increase our depth and breadth of services to position us as a premier partner to public and private sector clients,” said Neil Bruce, President & CEO. “It also creates new revenue growth opportunities in key geographies by positioning us to capitalize on increased cross-selling and the opportunity to win and deliver major projects in new regions. I look forward to welcoming Atkins’ employees into our combined company. Together, we will become part of a larger global organization that will open the door to new opportunities for further growth and development.”

Business Rationale

  • Brings to SNC-Lavalin new and complementary capabilities in three of its four sectors, and with essentially no overlap in its service offering, with significant presence in Europe, UK, Scandinavia, the US, Middle East and Asia.
  • Further reduces SNC-Lavalin’s business risk profile with ongoing revenue streams from framework and master service agreements for consulting and advisory services, as well as fixed fee consultancy and design projects.
  • Improves SNC-Lavalin’s overall margins by adding a significant amount of consistent comparatively high-margin revenue.
  • Significantly increases SNC-Lavalin’s global customer base and expands and deepens the areas of the market that the combined entity can service.
  • Uniquely positions the combined entity to capitalize on the significant investment in infrastructure projects globally but principally in North America.
  • Positions the combined entity to win wider nuclear work; maintenance and decommissioning in particular, as one of the most compelling nuclear services firms.
  • Deepens SNC-Lavalin’s project management, design, consulting, and engineering capabilities to create a more comprehensive end-to-end value chain for the combined entity – including capital investment, consulting, design, engineering, construction, sustaining capital and operations and maintenance.
  • Creates a more agile, responsive and competitive combined organization with enhanced scale and vertical integration that can better meet client needs and create cross-selling opportunities.
  • Combines two strong and compatible management teams, with the proven experience to execute a successful and timely integration plan. SNC-Lavalin has a strong track record of successful integrations, combining best practices from each organization and achieving synergy targets.
  • As a Canadian global champion headquartered in Montreal, the acquisition would solidify SNC-Lavalin’s position as one of the largest fully integrated professional services firms globally.

SNC-Lavalin considers that Atkins’ employees will be a key factor in maximizing the opportunities that the acquisition will present and the executive leadership of the combined entity will also aim to retain the best talent across Atkins and SNC-Lavalin.

As part of the integration process, a review of the Atkins businesses will be completed with the Atkins leadership team to determine any organizational and structural changes that should be implemented to benefit the combined entity. SNC-Lavalin does not expect this integration review to have a material impact on the continued employment of Atkins’ employees.

Consistent with the extensive succession planning work completed by Atkins and the Atkins Directors, Heath Drewett, the current Group Finance Director and Executive Director of Atkins will, upon successful completion of the acquisition, be promoted to lead Atkins within the combined entity. Heath Drewett will report into SNC-Lavalin’s President and Chief Executive Officer and become a member of SNC-Lavalin’s executive committee.

James Cullens, Group Director Human Resources & Marcomms and Executive Director of Atkins, will remain with the combined entity and support SNC-Lavalin with key integration and people-related matters following the successful completion of the acquisition. James’ extensive experience, both at Atkins and in his prior career, is aligned with the needs of the combined entity. It is therefore anticipated that, subject to mutual agreement, towards the end of the year, James will assume the position of Executive Vice-President, Human Resources, for the combined organization.

Financial Highlights

Under the terms of the acquisition, each Atkins shareholder will be entitled to receive £20.80 in cash for each Atkins share.

The acquisition represents an enterprise value of $4.2 billion, including the pension deficit. This represents an estimated purchase price multiple of 9.8x for the 12-month adjusted EBITDA1 post synergies2 and including pension deficit3.

The acquisition is expected to be immediately accretive to SNC-Lavalin’s consolidated and E&C adjusted earnings per share before any revenue and cost synergies.

The acquisition will create growth and expansion of services and revenue. It is also expected to deliver approximately $120 million in cost synergies in both current organizations by the end of the first full financial year after the effective date, that would include, for example eliminating corporate and listing costs, optimizing corporate functions and shared services, streamlining IT systems, and office consolidation where appropriate.

The acquisition financing structure preserves SNC-Lavalin’s balance sheet strength and leverages SNC-Lavalin’s equity stake in the Highway 407 ETR, while retaining its equity ownership. The acquisition will be funded through a combination of equity and debt issuance, and supported by Caisse de dépôt et placement du Québec (“CDPQ”), SNC-Lavalin’s largest shareholder. The funding includes a $1.5 billion loan from CDPQ, an $800 million public bought deal offering, a $400 million private placement with CDPQ, as well as a £300 million term loan, and an approximately £350 million draw on our current credit facility.

Additionally, SNC-Lavalin expects to maintain its investment-grade rating following the closing of the acquisition.

Acquisition Financing

  • $1.5 billion loan from CDPQ to SNC-Lavalin Highway Holdings Inc. (the entity that holds SNC-Lavalin’s 16.77% interest in Highway 407ETR through 407 International Inc.).
  • $800 million public subscription receipts on a bought deal basis backstopped by an $800 million unsecured bridge credit facility with a syndicate of North American banks.
  • $400 million privately placed subscription receipts with CDPQ backstopped by a $400 million unsecured bridge credit facility with CDPQ.
  • Approximately £350 million to be drawn under the Corporation’s existing $4.25 billion syndicated credit facility backstopped by a £400 million unsecured bridge credit facility with a syndicate of North American banks.
  • A new £300 million unsecured term loan with a syndicate of North American banks.

SNC-Lavalin Highway Holdings Loan with CDPQ

Concurrently with the announcement of the acquisition, SNC-Lavalin Highway Holdings Inc. (“SNC-Lavalin Highway Holdings”) and CDPQ entered into a loan agreement in the original principal amount of $1.5 billion. This loan is secured by the full value of SNC-Lavalin Highway Holdings’ shares and the cash flows generated from such shares. The loan has been structured to be of a non-recourse nature as against the Corporation.

Public Offering of Subscription Receipts on a Bought Deal Basis

To finance the payment of a portion of the purchase price and related expenses, SNC-Lavalin has entered into an agreement with a syndicate of underwriters co-led by RBC Capital Markets, TD Securities and BMO Capital Markets (collectively, the “Co-Lead Underwriters”) to sell, on a bought deal basis, subscription receipts (the “Subscription Receipts”) of SNC-Lavalin from treasury at a price of $51.45 per Subscription Receipt (the “Offer Price”). The agreement with the Co-Lead Underwriters includes the issuance of 15,550,000 Subscription Receipts for gross proceeds of $800 million (the “Offering”). In addition, the underwriters have been granted an over-allotment option, exercisable in whole or in part at the Offer Price for a period of 30 days from the closing date of the Offering, for additional gross proceeds of up to approximately $80 million. The Subscription Receipts will be offered in all provinces of Canada, pursuant to a prospectus supplement to SNC-Lavalin’s short form base shelf prospectus dated March 13, 2017 to be filed in each of the provinces of Canada by SNC-Lavalin.

The proceeds from the Offering will be held in escrow pending the completion of the acquisition. If the acquisition is completed on or prior to 11:59 pm (London, UK time) on July 31, 2017 (or such later date as SNC-Lavalin and Atkins may agree for purposes of the acquisition closing, subject to regulatory consents and court approvals, which date shall be no later than October 27, 2017), the net proceeds will be released to the Corporation and each holder of a Subscription Receipt will receive, without additional consideration and without further action, one common share of SNC-Lavalin (the “Common Shares”) for each Subscription Receipt held upon closing of the acquisition together with, without duplication, an amount, if any, equal to the amount per Common Share of any dividends for which record dates have occurred during the period from the date of the Offering closing to the date immediately preceding the date of the acquisition closing, less any applicable withholding taxes. If the acquisition does not occur on or prior to 11:59 pm (London, UK time) on July 31, 2017 (or such later date as SNC-Lavalin and Atkins may agree for purposes of the acquisition closing, subject to regulatory consents and court approvals, which date shall be no later than October 27, 2017), if the proposed scheme of arrangement in respect of the acquisition is not approved by the requisite majority of Atkins shareholders or not court sanctioned, or lapses or is withdrawn; or if the Corporation advises the Co-Lead Underwriters or announces to the public that it does not intend to proceed with the acquisition, the holders of Subscription Receipts will receive a cash payment equal to the offering price of the Subscription Receipts plus their pro rata share of the interest actually earned on the escrowed funds during the term of the escrow. 50% of the underwriters’ fee in the aggregate amount of $16 million, assuming no exercise of the over-allotment option, representing 4% of the aggregate gross proceeds of the Offering, will be paid upon closing of the Offering and the other 50% will be paid upon closing of the acquisition.

The issuance of the Subscription Receipts and underlying Common Shares pursuant to the Offering are subject to customary approval of the Toronto Stock Exchange. Closing of the Offering is expected to occur on or about April 27, 2017.

Neither the Subscription Receipts nor the underlying Common Shares offered have been, and they will not be, registered under the U.S. Securities Act of 1933 (the “U.S. Securities Act”), as amended, and such securities may not be offered or sold in the United States, absent registration or an applicable exemption from registration. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Subscription Receipts or the underlying Common Shares. The offering or sale of the Subscription Receipts and the underlying Common Shares shall not be made in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Concurrent Private Placement of Subscription Receipts

SNC-Lavalin has also entered into a subscription agreement with CDPQ pursuant to which SNC-Lavalin and CDPQ have agreed that CDPQ will purchase on a “private placement” basis in Canada, 7,775,000 Subscription Receipts (the “Placement Subscription Receipts”) at a price of $51.45 per Placement Subscription Receipt for gross proceeds to SNC-Lavalin of $400 million upon closing (the “Concurrent Private Placement”). Upon closing of the acquisition, CDPQ will be entitled to a non-refundable capital commitment payment equal to 4% of the aggregate purchase price for the Placement Subscription Receipts for which it has subscribed.

Completion of the Concurrent Private Placement is subject to a number of conditions, including the concurrent closing of the Offering. Completion of the Offering is conditional upon the concurrent closing of the Concurrent Private Placement.

Other Credit Facilities and Arrangements

Concurrently with the announcement of the acquisition, the Corporation entered into a new £300 million unsecured term loan with a syndicate of North American banks and the Corporation intends to draw approximately £350 million under its existing $4.25 billion syndicated credit facility to pay the balance of the purchase price and acquisition-related costs.

The various elements of the Corporation’s financing of the acquisition are collectively designed to ensure compliance with the “certain funds” requirements of the UK City Code on Takeovers and Mergers.

As neither the Offering nor the Concurrent Private Placement is being made on a “certain funds” basis, concurrently with the announcement of the acquisition, the Corporation also entered into (i) an $800 million unsecured bridge credit facility with a syndicate of North American banks to backstop the Offering, and (ii) a $400 million unsecured bridge credit facility with CDPQ to backstop the Concurrent Private Placement.

Each of the Corporation’s existing Syndicated Credit Facility, the new Term Loan and the backstop facilities for the Offering and the Concurrent Private Placement contain customary representations, warranties, conditions precedent, covenants, a leverage ratio and events of default.

All of the above elements of the acquisition financing plan, including the nature of the SNC-Lavalin Highway Holdings Loan, have been designed and structured with a view to preserving SNC-Lavalin’s investment grade rating.


RBC Capital Markets is acting as financial adviser and corporate broker to SNC-Lavalin. SNC-Lavalin’s legal adviser is Norton Rose Fulbright. SNC-Lavalin’s accountants are Deloitte LLP. Maitland acted as financial communications consultants.


It is intended that the acquisition will be implemented by means of a Court-sanctioned scheme of arrangement under Part 26 of the U.K. Companies Act 2006. The purpose of the Scheme is to provide for SNC-Lavalin to indirectly become the owner of the entire issued and to be issued share capital of Atkins.

Details of the proposed acquisition will be sent to Atkins shareholders within 28 days of the date of this announcement (unless the Panel on Take-overs and Mergers under the U.K.’s City Code on Take-overs and Mergers agrees otherwise). Subject, amongst other things, to the satisfaction or waiver of the conditions, the approval of the scheme of arrangement by the Atkins shareholders, the receipt of applicable regulatory approvals and the Court’s sanction of the scheme of arrangement, it is expected that the acquisition will be completed in the third quarter of 2017.

All relevant documentation will be made available on SNC-Lavalin’s website at


SNC-Lavalin’s first quarter results, to be announced on May 4, 2017, remain broadly in-line with management’s expectations. SNC-Lavalin is also reaffirming its full year 2017 outlook provided on March 2, 2017 with respect to adjusted diluted EPS from E&C of $1.70 to $2.00, without taking into account the proposed acquisition or related financing4.

All dollar figures in this press release are Canadian dollars unless otherwise indicated.

* Based on the above offer price of £20.80 per Atkins share, multiplied by 100,110,799 Atkins shares in issue (excluding 4,341,000 ordinary shares held in treasury) as specified in the Rule 2.9 announcement published by Atkins on April 3, 2017 and by the GBP: CAD exchange rate of 1.7229 (as of 5.00 p.m. U.K. time on 19 April 2017 as per Bloomberg).

1 Adjusted EBITDA of Atkins calculated as reported underlying EBITDA of Atkins during the twelve month period ended September 30, 2016 of £181M. See the Non-IFRS Measures section included in this news release for a reconciliation of underlying EBITDA of Atkins to operating profit.

2 Expected identified cost synergies of $120M in both current organizations by the end of the first full financial year after the effective date.

3 Net post-employment benefit liability of £424M (calculated as net retirement benefit liability of £414M, plus other post-employment benefit liabilities of £23M, less net retirement benefit assets of £12M), less income tax on net retirement benefit liability of £68M, as reported in Atkins’ H1 2017 statements.

4 Management’s expectations with respect to the first quarter results are based on the information currently available and are subject to the completion of financial closing procedures, final adjustments and other developments that may arise between now and the time the first quarter 2017 financial results are finalized. It is possible that final reported results may not be what is currently expected.

The 2017 outlook update is based on the assumptions and methodology described in SNC-Lavalin’s 2016 Management’s Discussion and Analysis under the heading, “How We Budget and Forecast Our Results”, which should be read in conjunction with the “Forward-Looking Statements” section below and is subject to the risks and uncertainties summarized therein, which are more fully described in SNC-Lavalin’s public disclosure documents.


SNC-Lavalin will hold a conference call today at 4:45 pm Eastern Time to discuss the proposed acquisition of Atkins. The public is invited to listen to the conference call. Participants will be Neil Bruce, President and Chief Executive Officer and Sylvain Girard, Executive Vice-President and Chief Financial Officer. To join the conference call, please dial toll free at 1 866 564 7439 in North America, 416 642 5209 in Toronto, 438 968 3557 in Montreal, 080 0279 6839 in the United Kingdom, or 180 083 2679 in Ireland. A live audio webcast of the conference call and an accompanying slide presentation will be available at A recording of the conference call will be available on our website within 24 hours following the call.

About SNC-Lavalin

Founded in 1911, SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure. From offices in over 50 countries, SNC-Lavalin’s employees are proud to build what matters. Our teams provide engineering, procurement, construction, completions and commissioning services together with a range of sustaining capital services to clients in four industry sectors, oil and gas, mining and metallurgy, infrastructure and power. SNC-Lavalin can also combine these services with its financing and operations and maintenance capabilities to provide complete end-to-end project solutions.

About Atkins

Atkins ( is one of the world’s most respected design, engineering and project management consultancies, employing some 18,300 people across the UK, North America, Middle East, Asia Pacific and Europe. We build long term trusted partnerships to create a world where lives are enriched through the implementation of our ideas. You can view Atkins’ recent projects on our website.


Some of the indicators used by SNC-Lavalin to analyze and evaluate its results are non-IFRS financial measures. Consequently, they do not have a standardized meaning as prescribed by IFRS, and therefore may not be comparable to similar measures presented by other issuers. SNC-Lavalin also uses additional IFRS measures. Management believes that these indicators provide useful information because they allow for the evaluation of the performance of SNC-Lavalin and its components based on various aspects, such as past, current and expected profitability and financial position.

This news release uses the following non-IFRS financial measures: adjusted EBITDA, adjusted EPS and adjusted E&C EPS. Management uses these measures as a more meaningful way to compare SNC-Lavalin’s financial performance from period to period. Please refer to SNC-Lavalin’s Management Discussion and Analysis incorporated by reference in the prospectus supplement to SNC-Lavalin’s short form base shelf prospectus dated March 13, 2017 to be filed in each of the provinces of Canada by SNC-Lavalin on SEDAR at for the definitions of all non-IFRS financial measures and additional IFRS measures and, when applicable, a clear quantitative reconciliation from the non-IFRS financial measures to the most directly comparable measure calculated in accordance with IFRS.

Adjusted net income from E&C is defined as net income attributable to SNC-Lavalin shareholders from E&C, excluding one-time net foreign exchange gains, charges related to restructuring, right-sizing and other, as well as amortization of intangible assets, the financing, acquisition-related costs and integration costs incurred in connection with the acquisition of Kentz in 2014 and the loss on disposals of E&C businesses. E&C is defined in SNC-Lavalin’s 2016 financial statements and Management’s Discussion and Analysis. The term “Adjusted net income from E&C” does not have any standardized meaning under IFRS. Therefore, it may not be comparable to similar measures presented by other issuers. Management uses this measure as a more meaningful way to compare SNC-Lavalin’s financial performance from period to period. Management believes that, in addition to conventional measures prepared in accordance with IFRS, certain investors use this information to evaluate SNC-Lavalin’s performance. See reconciliation below.

Adjusted diluted EPS from E&C is defined as the adjusted net income from E&C divided by the weighted average number of outstanding shares for the period.

The following table sets forth detailed reconciliation of a non-IFRS measure used in this news release (underlying EBITDA of Atkins) to the nearest or most equivalent IFRS measure (operating profit of Atkins).

Atkins Last Twelve Months
Ended September 30, 2016
In £ millions  
Cost of sales
Gross Profit 777.3
Administrative expenses (670.4)
Operating Profit 106.9
Exceptional items
Impairment of goodwill
Amortisation and impairment of acquired intangibles
Deferred acquisition payments
Underlying Operating Profit 154.5
Net (loss) / profit on disposal of business / non-controlling interests
Income from other investments
Share of post-tax profit from joint ventures
Profit Before Interest and Tax 110.5
Amortisation and impairment
EBITDA 173.2
Net loss / (profit) on disposal of businesses
Exceptional items
Deferred acquisition payments
Underlying EBITDA 180.7


This press release contains statements that are or may be “forward looking statements” or “forward looking information” within the meaning of applicable Canadian securities laws, including those regarding the proposed acquisition by SNC-Lavalin of all of the outstanding shares of Atkins (the “Acquisition”) and the expected impact of the Acquisition on SNC-Lavalin’s strategic and operational plans and financial results. Statements made in this press release that describe SNC-Lavalin’s or management’s budgets, estimates, expectations, forecasts, objectives, predictions, projections of the future or strategies may be “forward-looking statements”, which can be identified by the use of the conditional or forward-looking terminology such as “aims”, “aligns”, “anticipates”, “assumes”, “believes”, “continue”, “cost savings”, “could”, “estimates”, “expects”, “foresees”, “goal”, “intends”, “maintain”, “may”, “plans”, “projects”, “should”, “strategy”, “synergies”, “targets”, “will”, “would”, the negative thereof, other variations thereon or similar terminology, as they relate to SNC-Lavalin, Atkins or the combined entity following the Acquisition. Forward-looking statements also include any other statements that do not refer to historical facts. Forward-looking statements also include, but are not limited to, future capital expenditures, revenues, expenses, earnings, economic performance, cash flows, indebtedness, financial condition, losses and future prospects; and business and management strategies and expansion and growth prospects of SNC-Lavalin’s and the combined entity’s operations following the Acquisition. The pro forma information set forth in this press release should not be considered to be what the actual financial position or other results of operations would have necessarily been had the Acquisition been completed as, at, or for the periods stated. All such forward-looking statements are made pursuant to the “safe-harbour” provisions of applicable Canadian securities laws. SNC-Lavalin cautions that, by their nature, forward-looking statements involve known and unknown risks and uncertainties, and that its actual actions and/or results could differ materially from those expressed or implied in such forward-looking statements, or could affect the extent to which a particular projection materializes. Forward-looking statements are presented for the purpose of assisting investors and others in understanding certain key elements of SNC-Lavalin’s current objectives, strategic priorities, expectations and plans, and in obtaining a better understanding of SNC-Lavalin’s business and anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes. This press release also contains forward-looking statements with respect to: the bought deal public offering and the concurrent private placement and expected timing thereof and use of proceeds therefrom; expected SNC-Lavalin financial performance; SNC-Lavalin’s business model and acquisition strategy; the indebtedness to be incurred under the various elements and components of the Acquisition financing plan and the use thereof; the expected completion of the Acquisition and timing thereof; the aggregate cash consideration payable by SNC-Lavalin in connection with the Acquisition and the anticipated sources of financing thereof; the fact that closing of the Acquisition is conditioned on certain events occurring, and the receipt of all necessary regulatory (including antitrust), shareholder, court and stock exchange approvals; the anticipated consolidated indebtedness of SNC-Lavalin after giving effect to the Acquisition and certain other transactions; anticipated benefits of the Acquisition (including the impact of the Acquisition on SNC-Lavalin’s size, operations, infrastructure, capabilities, development, growth and other opportunities, geographic reach, business portfolio, market position, financial condition, balance sheet, risk profile, margins, cash flow profile, access to capital and overall strategy); the attractiveness of the Acquisition from a financial perspective in various financial metrics; expectations regarding accretion and contribution to earnings, margins and revenues and overall quality thereof, the addition of long-term revenue opportunities, the generation of consistent high-margin revenues, and margin expansion; the ability of SNC-Lavalin to achieve various financial targets following the Acquisition; the ability of the combined entity to capitalize on the global nuclear, power, infrastructure and transportation spending trends and on large scale infrastructure projects; the potential to significantly increase SNC-Lavalin’s global customer base, expand and deepen the areas of the market the combined entity can address, and the manner thereof; the growth opportunities associated with Atkins’ business and the combined entity in key geographies, the ability of the combined entity to benefit therefrom and the manner of achieving such growth; expectations regarding the customer, geographical and sector diversification and global footprint of the combined business; the ability of the combined entity to maintain long-term, repeat business with key clients and to better meet client needs and create cross-selling opportunities; the belief that SNC-Lavalin is well positioned, operationally and financially, to commence its next phase of growth and build a global E&C powerhouse; the expectation of added stability to SNC-Lavalin’s margin and cash flow profile with inherently low financial risk leading to consistent and predictable margin profile; SNC-Lavalin’s ability to create a global, fully integrated professional services and project management company and build a more resilient business model; the strength of SNC-Lavalin’s position as a premier partner to public and private sector clients; the governance of Atkins after the Acquisition, the leveraging of respective core competencies and strategies, the retention and role of Atkins employees and the holding of significant roles for existing Atkins management; the growth of the employee base of the combined entity and the value and capabilities of such employees; the liquidity of the combined entity and its ability to maintain an investment grade credit rating and to continue servicing Atkins’ pension deficit; the maintenance of SNC-Lavalin’s existing dividend policy; the strength of the combined entity as a nuclear services company, and its ability to win and deliver various projects; expectations regarding the strength, complementarity and compatibility of Atkins with SNC-Lavalin’s existing business and management teams; expectations regarding the market positioning of the combined entity; expectations regarding GDP growth rates in global infrastructure investments; expectations regarding the integration of SNC-Lavalin and Atkins and timing thereof; expectations regarding anticipated cost savings, operating efficiencies and operational, competitive and cost synergies resulting from the Acquisition, and the manner of achieving such synergies; and expectations regarding the potential to realise incremental revenue synergies within the combined entity, and minimise potential revenue cannibalisation.

Although SNC-Lavalin believes that the expectations, opinions, projections, and comments reflected in these forward-looking statements are reasonable and appropriate, it can give no assurance that such statements will prove to be correct. The assumptions are set out throughout SNC-Lavalin’s 2016 Management’s Discussion and Analysis filed with the securities regulatory authorities in Canada, available on SEDAR at or on SNC-Lavalin’s website at under the “Investors” section (the MD&A) (particularly, in the sections entitled “Critical Accounting Judgments and Key Sources of Estimation Uncertainty” and “How We Analyze and Report our Results”) and, in relation to the Acquisition, the bought deal public offering and the concurrent private placement, include the following material assumptions: the satisfaction of all conditions of closing and the successful completion of, each of the bought deal public offering, the concurrent private placement and the Acquisition within the anticipated timeframe, including receipt of regulatory (including antitrust), shareholder, court and stock exchange approvals; the availability of borrowings to be drawn down under, and the utilization of, various elements and components of the Acquisition financing plan in accordance with their respective terms; the maintenance of SNC-Lavalin’s investment grade credit rating; fulfillment by the underwriters of their obligations pursuant to the underwriting agreement and by CDPQ of its obligations pursuant to the subscription agreement; that no event will occur which would allow the underwriters to terminate their obligations under the underwriting agreement, or which would allow CDPQ to terminate its obligations under the subscription agreement; the successful and timely integration of SNC-Lavalin and Atkins and the realization of the anticipated benefits and synergies of the Acquisition to SNC-Lavalin in the timeframe anticipated, including impacts on growth and accretion in various financial metrics; that no superior acquisition proposal will be received or approved by Atkins’ board of directors and no such superior acquisition proposal will become effective, become or be declared unconditional; the ability of the combined entity to retain key employees of Atkins and its subsidiaries, and the value of such key employees; the realization of expected GDP growth rates in global infrastructure investments, the continued need for significant upgrading of ageing infrastructure in the U.S. and expected wave of large scale infrastructure projects globally; the ability of SNC-Lavalin to satisfy its liabilities and meet its debt service obligations prior to and following completion of the Acquisition, and to continue servicing Atkins’ pension deficit; the ability of SNC-Lavalin to access the capital markets prior to and following the Acquisition; the absence of significant undisclosed costs or liabilities associated with the Acquisition; the accuracy and completeness of Atkins’ public and other disclosure; the absence of significant changes in foreign currency exchange rates or significant variability in interest rates; the ability to hedge exposures to fluctuations in interest rates and foreign exchange rates; no material adverse regulatory decisions being received and the expectation of regulatory stability; no significant operational disruptions or liability due to a catastrophic event or environmental upset caused by severe weather, other acts of nature or other major events; no severe and prolonged downturn in economic conditions; sufficient liquidity and capital resources; the continuation of observed weather patterns and trends; no significant counterparty defaults; the continued availability of industry-leading design, consulting and high-end engineering professionals; the absence of significant changes in taxation and environmental laws and regulations that may materially negatively affect the operations and cash flows of the combined entity; no material change in public policies and directions by governments that could materially negatively affect the combined entity; the maintenance of adequate insurance coverage; the ability to obtain and maintain licences and permits; and no material changes in market conditions.

If these assumptions are inaccurate, SNC-Lavalin’s, Atkins’ or the combined entity’s actual results could differ materially from those expressed or implied in such forward-looking statements. In addition, important risk factors could cause SNC-Lavalin’s, Atkins’ or the combined entity’s assumptions and estimates to be inaccurate and actual results or events to differ materially from those expressed in or implied by these forward-looking statements. These risks include, but are not limited to, those described under the sections “Risks and Uncertainties”, “How We Analyze and Report Our Results” and “Critical Accounting Judgments and Key Sources of Estimation Uncertainty” in SNC-Lavalin’s 2016 MD&A and, with respect to the proposed Acquisition, the bought deal public offering and the concurrent private placement discussed herein specifically, potential risks include: the failure to receive or delay in receiving regulatory approvals (including antitrust and stock exchange), shareholder or court approval or otherwise satisfy the conditions to the completion of the Acquisition or delay in completing the Acquisition and uncertainty regarding the length of time required to complete the Acquisition; the possibility that even if the Acquisition is approved by Atkins’ shareholders and court sanctioned, the Acquisition will not close or that its closing may be delayed; the possibility that SNC-Lavalin be required to pay Atkins a break-fee in certain circumstances; the failure to receive regulatory approvals (including stock exchange) or otherwise satisfy the conditions to the completion of the bought deal public offering and the concurrent private placement or delay in completing the bought deal public offering and the concurrent private placement and the funds thereof not being available to SNC-Lavalin in the time frame anticipated or at all; the occurrence of an event which would allow the underwriters to terminate their obligations under the underwriting agreement or which would allow CDPQ to terminate its obligations under the subscription agreement; potential unavailability of various elements and components of the Acquisition financing plan; alternate sources of funding that would be used to replace the various elements and components of the Acquisition financing plan may not be available when needed, or on desirable terms; increased indebtedness of SNC-Lavalin after the closing of the Acquisition; the failure by SNC-Lavalin to satisfy its liabilities and meet its debt service obligations prior to and following completion of the Acquisition or to continue servicing Atkins’ pension deficit; the risk that SNC-Lavalin’s or Atkins’ business will be adversely impacted during the pendency of the Acquisition; lack of control by SNC-Lavalin on Atkins and its subsidiaries prior to the closing of the Acquisition; the risk that the Acquisition could result in a downgrade of SNC-Lavalin’s credit ratings; potential undisclosed costs or liabilities associated with the Acquisition, which may be significant; impact of acquisition-related expenses; inaccurate or incomplete Atkins publicly disclosed information; historical and pro forma combined financial information may not be representative of future performance; the failure to retain Atkins’ personnel and clients following the Acquisition and risks associated with the loss and ongoing replacement of key personnel; the impact of the announcement of the Acquisition on SNC-Lavalin’s and Atkins’ relationships with third parties, including commercial counterparties, employees and competitors, strategic relationships, operating results and businesses generally; the failure to realize, in the timeframe anticipated or at all, the anticipated benefits and synergies of the Acquisition, including without limitation revenue growth, anticipated cost savings or operating efficiencies and operational, competitive and cost synergies; the possibility that SNC-Lavalin’s integration plan for Atkins could be ill-conceived or poorly executed and result in loss of customers, employees, suppliers or other benefits and goodwill of the Atkins business; factors relating to the integration of SNC-Lavalin and Atkins (such as the impact of significant demands placed on SNC-Lavalin and Atkins as a result of the Acquisition, the time and resources required to integrate both businesses, diversion of management time on integration-related issues, unanticipated costs of integration in connection with the Acquisition, including operating costs or business disruption being greater than expected, and the difficulties and delays associated with such integration); the possibility that Atkins’ board of directors could receive and approve a superior acquisition proposal or a superior acquisition proposal becomes effective, becomes or is declared unconditional; and exchange rate risk and foreign currency exposure risk.

SNC-Lavalin cautions that the foregoing list of factors is not exhaustive. Other risks and uncertainties not presently known to SNC-Lavalin and Atkins or that SNC-Lavalin and Atkins presently believe are not material could also cause actual results or events to differ materially from those expressed in its forward-looking statements. Accordingly, there can be no assurance that the proposed Acquisition will occur or that the anticipated strategic benefits and operational, competitive and cost synergies will be realized in their entirety, in part or at all.

The forward-looking statements contained in this press release are expressly qualified in their entirety by the foregoing cautionary statements. The forward-looking statements herein reflect SNC-Lavalin’s expectations as at the date hereof, and are subject to change after this date. SNC-Lavalin does not undertake any obligation to update publicly or to revise any such forward-looking statements whether as a result of new information, future events or otherwise, unless required by applicable legislation or regulation. All subsequent oral or written forward looking statements attributable to SNC-Lavalin or any of its directors, officers or employees or any persons acting on their behalf are expressly qualified in their entirety by the cautionary statement above.

Financial outlook information contained in this press release about prospective results of operations, financial position or cash flows is based on assumptions about future events, including economic conditions and proposed courses of action, based on management’s assessment of the relevant information available as of the date of this press release. Readers are cautioned that such financial outlook information contained in this press release should not be used for the purposes other than for which it is disclosed herein or therein, as the case may be.

Readers are also referred to cautionary language regarding forward-looking statements included in the applicable prospectus supplement.


CRTC strengthens its commitment to net neutrality, consumer choice and free exchange of ideas by citizens

April 20, 2017 – Ottawa-Gatineau – Canadian Radio-television and Telecommunications Commission (CRTC)

The Canadian Radio-television and Telecommunications Commission (CRTC) today strengthened its commitment to net neutrality by declaring that Internet service providers should treat data traffic equally to foster consumer choice, innovation and the free exchange of ideas. As such, the CRTC today is publishing a new framework regarding differential pricing practices.

This framework supports a fair marketplace for services, cultural expression and ideas in which Internet service providers compete on price, quality of service, speeds, data allowance and better service offerings, rather than by treating the data usage of certain content differently.

The CRTC is of the view that differential pricing generally gives an unfair advantage or disadvantage to certain content providers and consumers.

After assessing Videotron’s Unlimited Music Service under the new framework, the CRTC found that the company is giving an undue preference to certain consumers and music streaming services, while subjecting other consumers and content providers to an unreasonable disadvantage. Videotron must ensure its Unlimited Music Service comes into compliance within 90 days.


“A free and open Internet gives everyone a fair chance to innovate and for a vast array of content to be discovered by consumers. A free and open Internet also allows citizens to be informed and engage on issues of public concern without undue or inappropriate interference by those who operate those networks. Rather than offering its subscribers selected content at different data usage prices, Internet service providers should be offering more data at lower prices. That way, subscribers can choose for themselves what content they want to consume.”

– Jean-Pierre Blais, Chairman and CEO, CRTC

Quick Facts

  • Broadband Internet access services can improve Canadians’ quality of life and empower them as citizens, creators and consumers.
  • Differential pricing occurs when the same or similar product or service is offered to customers at different prices. These practices can be applied to both wireline and mobile wireless data plans.
  • The CRTC has established a clear and transparent regulatory framework to govern these practices, which supports the ability for all creators of online content to innovate freely and allows consumers to choose what they wish to consume without interference.
  • This framework will be used to assess whether a differential pricing practice involves an undue or unreasonable preference or disadvantage.
  • The CRTC has developed an evaluation criteria to assess the degree to which the data is being treated the same regardless of the content, whether the offering is exclusive, the impact on Internet openness and innovation, and whether it involves a financial compensation.
  • The CRTC’s existing decisions and frameworks, which now includes its approach to differential pricing, constitute a net neutrality code.
  • Vidéotron’s Unlimited Music service exempts several music streaming services from data charges under certain mobile plans (a practice also known as zero-rating).

Associated Links


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Toll free: 1-877-249-CRTC (2782)
TTY: 819-994-0423
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LMG: Annual Walk to Commemorate the Anniversary of Migwite’tm

Date(s) – Sunday Jun 11 17
10:00 AM – 2:00 PM


Category(ies) No Categories

Attention Community Notice

Chief and Council would like to extend an invitation to the community of Listuguj to participate in a walk to commemorate the anniversary of Migwite’tm or “The Incident at Restigouche”. The LMG will be hosting a walk on Sunday, June 11, 2017 to remember the raid of 1981 which was an historical and defining moment for the community of Listuguj, and all of the Mi’gmaq Nation.

The walk will begin at the Listuguj wharf at 10:00 A.M. and will proceed to Listuguj Community Development Centre (Bingo Hall) where a traditional meal will be served.

The agenda is as Follows:

10:00 a.m.                              Opening Remarks from Chief {at wharf}

10:15 a.m.                              Honour Song by Spirit Bear {at wharf}

10:30 a.m.                              Peace walk to Listuguj Community Development Center (Bingo Hall)

11:15 a.m.                              Testimonials from Community members

12:00 p.m.                              Lunch {Salmon & fiddleheads}

For more information please contact Mike Isaac, Communications Officer at 418-788-2136


Québec Aboriginal Tourism: Federal Government Recognizes 25 Years of Work

April 19, 2017

Laveau is the first Aboriginal person to be appointed to this Canadian Crown corporation

Huron-Wendat territory (Wendake, QC), April 19, 2017 – Following a transparent, merit-based process, Dave Laveau became the first Aboriginal person to be appointed to Destination Canada’s Board of Directors. The honourable Bardish Chagger, Leader of the Government in the House of Commons and Minister of Small Business and Tourism, announced eight appointments to this prestigious board through a press release today after a selection process that factored in gender equality and Canadian diversity. The appointment of Dave Laveau undoubtedly gives another platform for the leaders of the Aboriginal Tourism Association of Canada (ATAC), Québec Aboriginal Tourism (QAT) and our industry to express their views.

Laveau currently serves as Vice Chair of ATAC and is the Executive Director of QAT, an organization which aims at safeguarding the interests of Aboriginal tourism companies in Quebec by providing them with products and services to stimulate growth, best practices and market visibility. QAT is the oldest Aboriginal tourism organization in Canada and has been in operation for over 25 years. It represents more than 180 active, associate and delegate members involved in the core development of Aboriginal tourism in Quebec.

“As an Aboriginal person and as a leader of Quebec’s tourism industry, I am honoured to be appointed to Destination Canada’s Board of Directors. It is both a responsibility and a privilege to be part of this major decision-making circle that ensures the vitality of our industry,” says Laveau. Recently, Quebec’s ministry of tourism reaffirmed the strategic positioning of Aboriginal tourism in the implementation of its sectoral policies. This appointment thus consolidates the strong commitment shown to our industry by both levels of government.

“I am incredibly pleased to witness the wider acknowledgement of the role of the Aboriginal tourism sector with the appointment of Dave Laveau to Destination Canada’s Board of Directors,” says Keith Henry, ATAC President & CEO. “His ongoing commitment to the development of Aboriginal tourism goes beyond the province of Quebec. Dave is passionate about the growth of the sector from coast to coast. This is a further commitment to Aboriginal tourism, following the $8.6 million in funding recently announced in the 2017 Federal Budget.”

The Aboriginal tourism industry in Canada employs more than 33,000 people and produces $1.4 billion of Canada’s annual GDP. ATAC’s five-year plan The Path Forward aims to increase revenues from the sector by $300 million in annual Canadian GDP, to reach 40,233 Indigenous tourism workers, and have 50 new Indigenous tourism operators.

About the Aboriginal Tourism Association of Canada

The Aboriginal Tourism Association of Canada (ATAC) works to improve the socio-economic condition of Aboriginal people through the provision of economic development advisory services, tourism conferences, capacity development training and workshops, industry research and information for Aboriginal tourism operators and communities within the 13 regions; 10 provinces and three territories of Canada. ATAC develops relationships with other groups and regions with similar mandates, uniting the Aboriginal tourism industry in Canada and works to enable collective support, product development, promotion and marketing of authentic Aboriginal cultural tourism businesses in a respectful protocol. The ATAC Board is made up of Aboriginal tourism industry representatives from each of the provinces and territories. For more information, visit

About Québec Aboriginal Tourism

Québec Aboriginal Tourism (QAT) is the sectoral tourism association recognized by the provincial ministry of tourism as the official representative of Aboriginal tourism and by the Assembly of the First Nations of Quebec and Labrador as the services and exchange platform for the development and promotion of the Aboriginal tourism offer. Dedicated to the marketing of Aboriginal tourism experiences and products, QAT provides the Aboriginal tourism entrepreneurs of Quebec with a representative body that safeguards their interests, supports their development and offers a range of products and services that promote business development, improve business practices and increase their visibility in tourism markets. In Quebec, the number of Aboriginal tourism enterprises has more than doubled since the early 2000s. Each year, Aboriginal Quebec welcomes more than a million visitors, sustains about 3,500 jobs and generates an estimated $169 million in economic benefits. For more information, visit


Media contacts:
Brian Cant, Tartan: 250-592-3838 or
Keith Henry, ATAC: 604-639-4408 or
Patricia Auclair, QAT: 418-254-5067 or


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