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SNC-Lavalin enregistre des pertes de 1,6 millard de dollars

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La perte subie par SNC-Lavalin correspond à une perte de 9,11 $ par action.

Au même moment l’an dernier SNC-Lavalin affichait un profit de 52,4 millions de dollars ou 30 cents par action.

Ses revenus trimestriels sont passés de 2,9 milliards de dollars l’an dernier à 2,6 milliards de dollars cette année.

Sa perte ajustée s’est chiffrée à 1,31 $ par action, comparativement à un profit ajusté de 98 cents par action il y a un an. Les analystes interrogés par Thomson Reuters Eikon attendaient une perte de 1,19 $ par action.

Un moteur pour le Québec, selon Pierre Fitzgibbon

Le ministre de l’Économie et de l’Innovation, Pierre Fitzgibbon, a été appelé à commenter l’annonce des résultats de la multinationale vendredi.

« SNC-Lavalin, c’est une société qui est importante pour l’écosystème québécois », a déclaré le ministre qui participait à une annonce relative au secteur de l’aéronautique, à Montréal. « Je pense que la compagnie [SNC-Lavalin] va s’en sortir », a-t-il ajouté.

Pour l’exercice 2018, SNC-Lavalin éponge une perte nette attribuable aux actionnaires de 1,3 milliard de dollars ou 7,50 $ par action, comparativement à un profit de 382 millions de dollars ou 2,34 $ par action un an plus tôt. Ses produits ont progressé légèrement, à 10,1 milliards de dollars.

SNC-Lavalin a sabré son dividende trimestriel de 65 %, à 10 cents par action au lieu de 28,7 cents.

L’année 2018 a été décevante en raison de nos secteurs mines et métallurgie et pétrole et gaz qui ont obtenu un faible rendement.

Neil Bruce, président et chef de la direction

Les tensions entre Ottawa et Riyad nuisent aux affaires

La détérioration des relations diplomatiques entre Ottawa et Riyad complique la tâche de SNC-Lavalin au Moyen-Orient, qui a inscrit une charge de 1,2 milliard de dollars liée à son secteur pétrolier et gazier.

En début de séance, à la Bourse de Toronto, l’action de la multinationale établie à Montréal se négociait à 35,39 $, en baisse de 42 cents, ou 1,17 %.

Depuis la fin du mois de janvier, la firme d’ingénierie a abaissé à deux reprises ses prévisions de bénéfices.

Crise politique

SNC-Lavalin est aussi mêlée à une crise politique à Ottawa en raison d’allégations selon lesquelles le bureau du premier ministre Justin Trudeau aurait fait des pressions pour que les procureurs fédéraux négocient un accord à l’amiable avec la firme dans le but d’éviter un procès criminel.

La société pourrait perdre le droit de soumissionner sur des contrats fédéraux pendant 10 ans si elle est reconnue coupable des accusations de fraude et de corruption qui pèsent à son endroit depuis 2015 en raison de gestes qui auraient été posés en Libye.

Par action, la perte nette de SNC-Lavalin s’est établie à 9,11 $ par action. Au quatrième trimestre l’an dernier, la firme avait engrangé un bénéfice net de 52,4 millions de dollars, ou 30 cents par action.

De leur côté, les revenus ont totalisé 2,56 milliards de dollars, en recul par rapport à 2,92 milliards de dollars à la même période en 2017.

Yuri Link, de Cannacord Genuity, a estimé que la direction de SNC-Lavalin avait adopté une approche prudente en abaissant son dividende, estimant que les résultats du quatrième trimestre avaient réservé peu de surprises.

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Ottawa Book Expo 2020 – Authors, Publishers look forward to a top-notch Canadian book fair

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Diversity has always been a complex issue, no matter where you look.Case in point, world-famous writer, Stephen King, has recently come under criticism for his views on diversity. The best-selling author had stated, “I would never consider diversity in matters of art, only quality. It seems to me that to do otherwise would be wrong.” Many criticized the novelist as being out of touch and “ignorant,” but one cannot deny that King’s opinions on diversity, mirror the thoughts of a whole lot of people in the creative industry.

The Toronto Book Expo is coming back in 2020, with a multi-cultural concept that aims to include marginalized authors.  The Expo intends to celebrate literary works of diverse cultural backgrounds, and the entire literary community in Canada is expectant. Book-lovers and writers alike, are invited to three days of uninhibited literary celebration where diverse cultural works will be prioritized. At the event, authors will be allowed to share their culture with a broad audience. The audience will be there specifically to purchase multi-cultural works.

Multicultural literary expos do not come every day. In Canada, there is a noticeable lack of literary events celebrating other cultures. This leads to a significantly lower amount of cultural diversity in the industry. The Toronto Book Expo would aim at giving more recognition to these marginalized voices. Understandably, more recognizable work will be prioritized.

The Toronto Book Expo is making a statement that diversity is needed in the literary community. The statement is truly motivating, especially if you consider the fact that this could mean more culturally diverse works of literature.

There is a lot of noticeable cultural ignorance in literature. This is an issue that needs to be addressed and books are one of the best means of improving multi-cultural diversity in literature. The Toronto Book Expo is going to fully utilize books to fight ignorance in the literary industry.

Real progress cannot be made if there is a substantial amount of ignorant people in the industry. In spite of advancements made in education in recent years, there is still a considerable percentage of adults who remain unable to read and write.The Toronto Book Expo aims to bring awareness to social literacy issues such as illiteracy.

It is important to uphold high literacy levels in the community and to support those who are uneducated. A thriving society cannot be achieved if the community is not able to read their civil liberties and write down their grievances.

The major foundation of a working and dynamic society is entrenched in literature. Literature offers us an understandingof the changes being made to our community.

The event would go on for three days at three different venues. Day 1 would hold at the York University Student & Convention Centre at 15 Library Lane on March 19. Day 2 would be held at the Bram and BlumaAppel Salon Facility on the second floor of the main Toronto Reference Library near Yonge and Bloor Streets in downtown Toronto on March 21 and day 3 of the expo would take place at the internationally famous Roy Thomson Hall.

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A Week In Ottawa, ON, On A $75,300 Salary

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Welcome to Money Diaries, where we’re tackling what might be the last taboo facing modern working women: money. We’re asking millennials how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar.Attention, Canadians! We’re featuring Money Diaries from across Canada on a regular basis, and we want to hear from you. Submit your Money Diary here.Today: a biologist working in government who makes $75,300 per year and spends some of her money this week on a bathing suit. Occupation: Biologist
Industry: Government
Age: 27
Location: Ottawa, ON
Salary: $75,300
Paycheque Amount (2x/month): $1,930
Gender Identity: Woman

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Ottawa doctor pens nursery rhyme to teach proper handwashing

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An Ottawa doctor has turned to song to teach kids — and adults, for that matter — how to wash their hands to prevent the spread of germs.

Dr. Nisha Thampi, an infectious disease physician at CHEO, the area’s children’s hospital, created a video set to the tune of Frère Jacques and featuring the six-step handwashing method recommended by the World Health Organization.

Thampi’s 25-second rendition, which was co-authored by her daughter and Dr. Yves Longtin, an infectious disease specialist at the Jewish General Hospital in Montreal, is featured in the December issue of The BMJ, or British Medical Journal. 

Thampi said as an infectious disease physician and a mother of two, she thinks a lot about germs at home and school.

“I was trying to find a fun way to remember the stuff,” she said. “There are six steps that have been codified by the World Health Organization, but they’re complex and hard to remember.” 

Thampi said she came up with the idea to rewrite the lyrics to the nursery rhyme on World Hand Hygiene Day in May, when she was thinking about how to help people remember the technique. 

She said studies have shown that handwashing is effective in reducing the risk of diarrhea-related illnesses and respiratory diseases. 

“So I’d say it’s one of the most important and easiest things we can do.”

The video includes such often-overlooked steps as “wash the back,” “twirl the tips around” and “thumb attack,” which pays special attention to the first digit.

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