SNC Lavalin

Trudeau Election Prospects Founder with SNC-Lavalin Scandal

Adding to the flotsam swirling around the once-unsinkable SNC-Lavalin, the engineering company’s credit rating went overboard Aug. 20 when S&P Global Markets downgraded its debt to junk. This followed, by days, the ruling of a federal ethics watchdog that Canadian Prime Minister Justin Trudeau broke conflict-of-interest law when he tried to spare the company from prosecution for bribery.