In addition to weakening SNC-Lavalin, a ban on federal contracts could force several employees to enter the fold of foreign competitors, believes the president and CEO of the engineering firm.
This is what Neil Bruce said on Wednesday during an interview with The Canadian Press, while the Quebec company is still at the heart of a political storm that continues to shake the Trudeau government.
He felt that the company never, unlike some politicians, cited the importance of protecting some 9,000 jobs in Canada to justify the need for an agreement to avoid a criminal trial.
According to Mr. Bruce, a repair agreement is more in the public interest, since many of SNC’s employees may be forced to find work with US or European competitors of the multinational if it can not bid on federal contracts. for a decade.
The Montreal-based firm faces charges of fraud and corruption for acts allegedly carried out in Libya between 2001 and 2011. This case cost Prime Minister Justin Trudeau dearly, who saw two of his ministers and his nearest adviser resign.
Ironically, Bruce said, nearly 75 per cent of SNC’s rivals have repair agreements – where a company pays a fine in addition to meeting a series of conditions in exchange for dropping charges – in their country of origin and can obtain federal contracts in Canada.
The big boss of the engineering firm said he still did not know why federal prosecutors and former Attorney General Jody Wilson-Raybould refused to negotiate a repair agreement with the company.