I saw this report while reading the paper on the Canada Line on Friday:
New federal rules that threaten to ban companies convicted of crimes from public contracts could kill jobs and hurt the Canadian economy, warns a study conducted for a powerful business group.
The report lists the potential consequences of Ottawa’s so-called integrity framework, a measure strengthened last spring to disqualify would-be suppliers busted in Canada or abroad for offences such as fraud, bribery and extortion.
You read that correctly.
This is relevant to why those who support tort reform are at best misguided (though well-intentioned) and at worst shills for corporatocracy. It is easy to get riled up at million dollars in damages for pain and suffering. The point behind millions of dollars in damages is to make it hurt” so that the wrongdoer has an incentive to stop. If it is instead a low amount it becomes an immaterial expense.