16-01-2018 20:21 via edmontonjournal.com

Company's collapse leaves Alberta highway contracts in question

Alberta Transportation says it is reviewing contingency plans for maintaining the province’s highways after learning one of the firms contracted to do the job may be affected by the bankruptcy of its parent company.
United Kingdom-based Carillion PLC went in compulsory liquidation Monday amid a crushing debt load and failure to obtain short term financing from creditors.
Its Canadian subsidiary Carillion Canada employs 6,000 people and generates about $1 billion annually through various co
Read more »