Canada Infrastructure Bank says ‘organizational changes’ behind loss of second executive in matter of months

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 80%

Canada Headlines News

Canada Latest News,Canada Headlines

The departure could point to further turbulence within a Crown corporation that has been criticized for tardiness in getting funding out the door

OTTAWA — The head of project development at the $35-billion Canada Infrastructure Bank has left the organization, the second executive in a matter of months to depart from the Crown corporation amid criticism that it has been slow to approve new projects.

Lecavalier’s departure could point to further turbulence within a Crown corporation that has been criticized for tardiness in getting funding out the door. Months before the bank was officially established, former Infrastructure minister Amarjeet Sohi said it would give Canada the ability to build more “transformational” projects that generate real revenue.

The National Post could not immediately reach Lecavalier for comment. Lecavalier has 30 years of experience in the infrastructure industry, most recently as a senior vice-president at the Business Development Bank of Canada.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why don't you do some real investigative reporting on this corrupt organization? Do you know how?

Something that has to restructure after 2 years should be shut down immediately Just another hole throw away government money

The percolations of a scandal must be imminent.

It shouldn't exist in the first place.

Noticed that many top executives stepping down lately... Corruption follows money ..

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canada urges Iran to send black boxes out of country for analysisCanada is keeping up the pressure on Iran to involve outside experts in the investigation into the downed Ukrainian jetliner, amid signs that Iran is balking at turning over the flight data recorders. We couldn't urge a cold to a pair of lungs. That's how weak we are. Come on Iran what's ** The Hold.Up over there?- ** Getter Done**. Canadian IMAM compares Justin Trudeau to King Najashi, the ancient emperor who betrayed his own people to advance Islam & then converted to Islam
Source: CTVNews - 🏆 1. / 99 Read more »

Skate Canada to wait on final decision for world championship team - TSN.caIce dancers Piper Gilles and Paul Poirier headline the Canadian team that will compete at this year's world figure skating world championships, but Skate Canada is waiting until next month to make a final decision on several of their teammates.
Source: TSN_Sports - 🏆 80. / 51 Read more »

Trump to promote China, Mexico-Canada trade deals to farmersPresident Donald Trump is expected to discuss new U.S. trade agreements with its North American neighbours and with China during an appearance Sunday at a convention of American farmers globebusiness Best President globebusiness So now the orange buffoon who destroyed the family farms is now going to be their savior? SMDH! globebusiness You can say that again and again.
Source: globeandmail - 🏆 5. / 92 Read more »

Canada Presses Iran To Give Flight 752's Black Boxes To Global ExpertsThere are reports the Iranian official leading the investigation appears to be backtracking on an earlier statement that the black boxes would be sent to Ukraine
Source: HuffPostCanada - 🏆 61. / 53 Read more »

Globe editorial: Canada is facing China’s brutal might and our main ally – the U.S. – is AWOLWashington had every reason to expect that Canada would honour an extradition request. But Ottawa had every reason to expect the U.S. to stand up against an attack on an ally. Washington’s abdication has left Canada high and dry. Befriend your enemies.. Used to be our main ally maybe had something to do with our drama boy insulting their leader at a public event, on camera.
Source: globeandmail - 🏆 5. / 92 Read more »

Canada grapples with challenge of drawing psychiatrists to small towns from big citiesA Globe and Mail analysis found that the country’s psychiatrists are heavily concentrated in urban areas, with more than one third in Toronto, Vancouver and Montreal Not good. And it would be harder to convince them to seek help. And the rampant substance abuse seems to exclude no one, adding to the severity of the problems. Seems like a forgotten group. I am speaking from first hand knowledge. This applies to every profession. Nobody wants to work/live in Gogama Ontario.
Source: globeandmail - 🏆 5. / 92 Read more »