MONTREAL - As a scandal surrounding SNC-Lavalin Group Inc.’s lobbying efforts to avoid criminal charges continues to plague the federal government, it remains unclear exactly what a conviction would mean for the company. Under the current rules, a conviction includes a 10-year ban on federal contracts. Analysts estimate that up to one-half of home-turf revenues stem from federal contracts. Analyst Yuri Lynk of Canaccord Genuity said the reputational damage of a looming corruption case could hurt the company more than a decade-long ban on federal contract bidding. Further clouding the legal are court documents that show Quebec prosecutors are working with the RCMP on the possibility of new criminal charges against SNC-Lavalin tied to a contract to refurbish Montreal’s Jacques Cartier Bridge.

Source: thestar March 07, 2019 19:18 UTC