Company's collapse leaves contracts for 33,000 km of Alberta highway in question

Alberta Transportation is assembling contingency plans for maintaining nearly half of the province’s highways as bankruptcy looms for the parent company of a major contractor.
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 contracts around the country, including