John,
The Canadian Government's willingness not to charge the C$100K/day penalty (initially up to a maximum of C$36 million, later C$88 mil) has been widely covered, the general feeling being that the reason for lack of enforcement was a desire to avoid the program being seen as failure. Democracy Watch has highlighted this issue of the fees being waived "to save face" on many occasions.
In January 2007, the Government announced that the initial delay to the program was due to the Teamsters strike at Sikorsky, which it decided was "an excusable delay" with the contract amended as a result.
In December 2008 the Government decided to give Sikorsky another two years to fix the program before penalties were applied.
In July 2010 the Government again decided to belay the contract penalty, choosing instead to temporarily withhold scheduled progress payments, with the grace period extended to 43 months.
In June the Government claimed that it had fined SAC C$8 mil for delays, with threats of a further C$80.6 mil in liquidated damages if delivery slips beyond July 2013, but based on Canada's track record it's unlikely the penalty will be levied. More likely some fluff about an enhanced support package or somesuch.
I/C