The Woodsmith mine will be one of the world’s largest in terms of the amount of resources extracted — It's set to generate an initial 10 million tonnes per year of polyhalite, a form of potash used in plant fertilizers.
Why is Justin Trudeau risking his political career to rescue the construction firm? It comes down to three things: jobs, SNC’s political clout and the special status that many Quebec companies hold.
For years, such enterprises have survived on bank loans and local government backing, robbing more deserving companies of financial resources that could have otherwise contributed to local growth.