Calian Technologies to keep Larry O'Brien on board
Last Updated: Tuesday, December 11, 2007 | 11:18 AM ET
CBC News
Calian Technologies Ltd. will keep Ottawa Mayor Larry O'Brien on its board despite him being charged Monday with two criminal offences related to the 2006 mayoral race.
O'Brien is Calian's founder and was chairman of the high technology services firm in Ottawa until his election victory in 2006.
Ottawa Mayor Larry O'Brien is Calian's founder and was chairman of the high technology services firm in Ottawa until his election victory in 2006.
(CBC)
"Mr. O'Brien has been a valuable member of the company's board since its inception," Calian chairman Kenneth Loeb said in a statement issued Tuesday.
"Subject to TSX regulatory input and Mr. O'Brien having sufficient time to devote to the company's affairs, the board of directors has concluded that until the issue is resolved through the legal system, Mr. O'Brien will continue to have a positive impact on the company and therefore his departure from the board is considered unwarranted," said Loeb.
The charges concern allegations that O'Brien offered to help rival Terry Kilrea secure a job on the National Parole Board if Kilrea left the mayoral race.
O'Brien is charged with pretending to have influence with the federal government or with a minister of the government when he allegedly made the offer to Kilrea.
The second charge is that O'Brien negotiated an appointment contrary to Sec. 125 of the Criminal Code, influencing or negotiating appointments or dealing in offices.
O'Brien has denied the allegations, which have not been proven in court. Brien's first court appearance is slated for Jan. 9.
A lawyer for O'Brien expects the trial to take place in late 2008 or early 2009.
The maximum penalty for a conviction under each of the charges is five years in prison.
Share Tools
Top News Headlines
- Raitt closer to ending CP Rail strike
- Labour Minister Lisa Raitt is prepared to end the Canadian Pacific Rail strike if necessary, after both CP Rail and the union rejected a proposal for voluntary arbitration by the government-appointed negotiator on Sunday. Raitt tells CBC News she is "extremely disappointed." more »
- Syrian regime denies role in Houla massacre
- The UN Security Council condemned the Syrian regime at an emergency meeting Sunday, holding president Bashar al-Assad's military responsible for the massacre of more than 100 people, dozens of whom were children younger than 10 years old. more »
- Ryder Hesjedal wins prestigious Giro d'Italia
- Victoria, B.C., native Ryder Hesjedal has become the first Canadian to win one of the cycling world's three Grand Tour events, wrapping up the 2012 Giro d'Italia with an excellent performance in the final stage in Milan. more »
- Neighbour may have helped find missing kids in Mexico
- Two Winnipeg children who had been missing for nearly four years were found in Mexico after a man raised concerns about his neighbour, according to a private investigator. more »
Latest Business Headlines
- Bankia asks Spain for €19B
- The board of directors of Spain's troubled bank, Bankia, has asked the Spanish government for €19 billion ($24.5 billion Cdn) in financial support. more »
- EI reforms aim to boost employment, Flaherty says
- Finance Minister Jim Flaherty defended his government's proposals to change employment insurance, saying the aim is to remove "disincentives to employment." more »
- Employment Insurance review boards to be scrapped
- The federal government is scrapping two review boards used by people appealing decisions made about their employment insurance. more »
- Ottawa moves to limit foreign investment reviews
- The federal government is raising to $1 billion the amount of foreign money that can go into a Canadian company before the investment is reviewed. The review has been used in the past to block foreign takeovers of MDA and Potash Corp. more »
Lang & O'Leary Exchange
Markets
| Index | Last Trade | Change |
|---|---|---|
| TSX COMPOSITE | 11576.47 | 10.4 |
| DOW | 12454.83 | -74.92 |
| NASDAQ | 2837.53 | -1.85 |
| SP 500 | 1317.82 | -2.86 |
| NYSE COMPOSITE | 7534.32 | -18.01 |
| AMEX | 2227.37 | 1.45 |
| TSX-VENTURE | 1309.27 | 26.8 |
The data on this site is informational only and may be delayed; it is not intended as trading or investment advice and you should not rely on it as such.
Business Features
- Teen struck by lightning in Ottawa dies
- Missing Winnipeg children found in Mexico
- Quebec tornadoes cause millions in damage
- Syrian regime denies role in Houla massacre
- Montreal protesters march in peaceful defiance
- Woman's remains found in hockey bag on Cape Breton river
- Remains found in bag on Cape Breton river ID'd
- Everest team unable to bring down Toronto woman's body
- WWE apologizes to Brazil over Canadian's flag stomp
