City sells 1500 Saskatchewan gas wells for 53.5 million
The city of Saskatoon sells about 1500 gas wells representing 25 percent of its production for 53.5 million to improve the petroleum unit finance. The buyer is not disclosed though reports tie the assets to Canadian Natural Resources. The sale is noted as a 2016 subsequent event and will reduce long-term liabilities while boosting working capital for future drilling and abandonment costs.
MENTIONED IN THIS ARTICLE
Saskatchewan
City Petroleum Unit
Bigstick
Hatton
Canadian Natural Resources
Ted Clugston
Clugston
OLeary withdraws from Conservative leadership race
Celebrity investor Kevin OLeary quits the Conservative leadership contest and backs Quebec rival Maxime Bernier. He cites low relative support and warns leading the party to a weak Quebec vote could imperil a 2019 majority. The move surprises campaign aides ahead of the final debate in Toronto.
MENTIONED IN THIS ARTICLE
Ottawa
Kevin O’leary
O’leary
Quebec
Maxime Bernier
O'Leary
Star
Toronto
Nathan Denette
Conservative Party
Bernier
U S tax cuts threaten Canadian competitiveness and revenues
Corporate Canada fears Washington's plan to cut the top corporate rate to 15 percent. If enacted, the U S rate would edge seven points below Canada, risking billions in Canadian tax revenue as firms shift investments south. University of Calgary experts warn both Canadian and U S operations would be affected.
MENTIONED IN THIS ARTICLE
Ottawa
Canada
Washington
U.S
White House
Jack Mintz
Mintz
University of Calgary
United States
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Ananda
CNRL
Saskatchewan Wells
Inice
CollinGallant
Emma Bennett
South Railway Street
South Flats
Kingsway Avenue
Scholten Hill
Farmer
the Canadian Press
City Opinion Sports Classifieds
Medicine Hat News
Southland Bu
Strachan Road
V.southlandvw.com
Trans C. Southlandee
Index Comics
Cross. Nation West World
Southlandkia
Trump
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