Day: October 23, 2019

SNC-Lavalin gets elxn bump

Trudeau election win boosts SNC-Lavalin shares SNC-Lavalin Group Inc. shares shot up Tuesday after the Liberal election win left open the possibility of a plea deal on fraud and corruption charges facing the engineering firm. The beleaguered company saw shares climb 13 per cent or $2.24 to $19.92 in early-afternoon trading, buoyed by investor hopes […]

Oilpatch reaction muted

Oilpatch shrugs after Liberal election victory Investors in the oil and gas sector were shrugging off the federal election results despite predictions that a Liberal minority propped up by the NDP and Greens would result in policies that hurt the industry. Shares in several Canadian oil and gas companies rose Tuesday morning, pushing the S&P/TSX […]

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