When Alberta’s United Conservative government contracted out community medical lab testing to a private company in December 2022, it said it would save tens of millions of dollars.
Two weeks before that contract with DynaLife Medical Labs was set to take effect, the company told the province it needed additional funding.
Less than three months later, DynaLife’s owners said the company was insolvent and needed an additional $70 million. They soon asked the province to buy DynaLife, which it ultimately did at a cost of almost $100 million.
These revelations come from documents obtained by CBC News through freedom of information requests, including Alberta Health emails and briefing notes prepared for Premier Danielle Smith and health ministers Jason Copping and Adriana LaGrange.
Acquired successfully. Now let’s privatize it, t0 b3 m0Re EfFic1eNt 🤡
That smells of corruption…
It sounds like they damn well knew they couldn’t pull this off and wanted a buyout anyway and got away with it. Whoever cleared this is in idiot or in on the game.
Probably both.
Fucking scumbags ripping us off.
On the bright side, hopefully with DynaLife being a crown corp its employees will join the AUPE and get better wages and whatnot.
Gonna go looking for info on C-suite compensation at DynaLife. I bet it’s too high by oh say…. $70million+
Edit: They hide this shit so hard. It’s out there somewhere but I need a nap. Hopefully someone can take up my quest.
Fucking Smith
And I can book a shoulder ultrasound at Dynalife for 3 months from now, or go to another provider and get it the next business day.
They aren’t any better now than they were before they went tits up.