Fictional economics and political puffery in Canadian finance
Ottawa and Quebec clash over job spending claims and federalism effects with Trudeau's speeches cited as misleading. The piece labels the finance department's budget projections and Quebec's study as "fictional economics" and warns of an underestimation of recession impact, urging revision of MacEachen's figures.
MENTIONED IN THIS ARTICLE
Ottawa
Federal Finance Department
Quebec
Montreal
Trudeau
Darrell Huff
Parti Quebecois
Toronto
MacEachen
U.S
Canada
Finance Department
Gulf Canada Faces Losses Under New Energy Rules
Gulf Canada Ltd. of Toronto holds large frontier and offshore oil rights in Canada. New rules force farmouts to Canadian firms, risking its 83 percent Canadian land, including Beaufort Sea and offshore Newfoundland assets. Analysts foresee earnings declines and a shift to chemicals and coal investments as management seeks flexibility.
MENTIONED IN THIS ARTICLE
Parti Quebecois
Quebec
Trudeau
Canada
Liberal
Union Nationale
Montreal
Financial Times News Service
Toronto
Gulf Canada Ltd
Gulf Canada
Gulf Oil Corp
Pittsburgh
Gulf
Canada Lands
Yukon
Northwest Territories
Beaufort Sea
Arctic Islands
Newfoundland and Labrador
Hibernia
Hebron
Beaufort
John Stork
Norcen Energy Resources Ltd
Alberta Energy Co. Ltd
Calgary
Denis Mote
Babhe Halsey Stuart Canada Ltd
Mote
Stork
Harry Carlyle
Gulf Canada Resources Inc
NEP
Alsands talks reach partial understanding amid stalled project
Ottawa and Alberta have a partial agreement on non financial terms for the 13 billion Alsands oil sands project, including Canadian content. Major financial terms such as taxation and incentives remain under discussion. Alberta plans to meet federal ministers in Edmonton today, with no decision on equity participation.
MENTIONED IN THIS ARTICLE
Ottawa
Alberta
Merv Leitch
Leitch
Marc Lalonde
Allands
Edmonton
Edmonton Journal
Journal
Also Mentioned on This Page
Don McGillivray
Gulf and Petro- Canada
Maritimes
Arctic
Saskatchewan
Esso
Cold Lake
Ohiy
BOM
Hoffman Oil & Gas
First City Investments
First City Developments Ltd
Ford Tower
6Th Avenue
S.W
Electrohome
Toshiba
South Railway
St. S.E
Bhiloys Furniture Maud
Milroy
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