Carillion Canada Given Court Protection

The Canadian subsidiaries of Carillion plc, the British construction, services and infrastructure company that is now in liquidation, were given court protection from creditors for a month on Jan. 25.

Carillion Canada Inc., Carillion Canada Holdings Inc., and Carillion Canada Finance Corp. can apply for an extension. Carillion’s other Canadian units, including its P3s, are not parties to proceedings, but have been given limited protection so they can continue day-to-day operations, Carillion said. The companies will try to stabilize their operations and address their cash shortage “while they explore the available options.” Services will be delivered as usual, companies said.

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About Bill Reinhardt

Editor of Public Works Financing newsletter
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