Carillion Canada will receive $8.9 million from the Alberta government to continue highway maintenance in the province until April 30.
The company is responsible for roughly 43 per cent of Alberta’s provincial highway network – over 33,000 kilometers.
Alberta’s highway maintenance is supplied through eight separate contracts, of which Carillion holds three. The company also controls over 300 snowplows, about half of those working on Alberta highways.
The money is also intended to help Carillion pay its employees and continue business with suppliers. It will cover outstanding amounts owed to vendors, which were incurred during the winter maintenance season.
Carillion employs about 300 workers during the winter and up to 500 during the summer months in Alberta.
Carillion Canada sought an order and stay of proceedings from the Ontario Superior Court under the Companies’ Creditor Arrangement Act in January following the collapse of its parent company, Carillion PLC.
SOURCE: GOVERNMENT OF ALBERTA
