Ontario keeps 25 percent stake in Suncor amid dividend dispute
Ontario confirms a $650 million investment by buying 25 percent of Suncor Inc. The deal lowers the borrowing rate to 14.3 percent for a 10 year note, but the province will not receive the first dividend, attracting opposition criticism while the U S parent company gets $78 million. Crown official Malcolm Rowan defended the deal as advantageous despite no immediate dividend for Ontario.
MENTIONED IN THIS ARTICLE
Toronto
Ontario
Suncor Inc
Malcolm Rowan
Ontario Energy Corp
Suncor
U.S
Rowan
Sun Co. Inc
Radnor Pa
William Davis
David Peterson
Peterson
Western Manitoba potash rights draw oil industry conflicts
Shell Oil Resources targets a $500 million Hargrave mine with three stage leases over 15 years while IMC eyes McAuley potash with options from 20 landowners. Crown lands, surface rights worries, and past oil booms shape farmer negotiations as Premier Pawley and former premier Lyon figures appear in the dispute.
MENTIONED IN THIS ARTICLE
Hargrave
Elkhorn
Virden
Cromer
Alasdair Gourlay
Shell Oil Resources
Shell
Gourlay
Manitoba Surface Rights Association
McAuley
IMC
Dave Kelland
Sterling Lyon
Howard Pawley
NDP
Lyon
Progressive Conservatives
Manitoba
Miner fears Lyn Lake town may become ghost town
Lynn Lake Manitoba resident Gabe Sayiese a 35 year miner says new copper price and losses threaten the community’s future even as 373 Sherritt Gordon workers face layoffs. He recalls the province’s first copper mine at Sherridon and the boom bust cycles shaping Lynn Lake and nearby mines Fox and Ruttan.
MENTIONED IN THIS ARTICLE
Lynn Lake
Man
Gabe Sayiese
Manitoba
Sayiese
Sherritt Gordon Mines Ltd
Sagiese
Sherritt Gordon
Sherridon
Sherridan
Europe
Winnipeg
Fox
Ruttan
Leaf Rapids
Agassiz
Sagrese
Jim
Eldon Brown
Brown
Sherritt Gordon Mines
Calgary couple chooses a French education in Montreal
In Montreal, 13,510 children opted for French language schools last September under Bill 101 exemptions for temporary residents. Immigrant families face mandatory English or French schooling. 19,574 immigrant children have been placed in French schools since 1977, with exemptions granted for English access. The study notes Italian communities show strongest resistance to the charter, while experts say children adjust well to French schooling.
MENTIONED IN THIS ARTICLE
Montreal
Dianne
Dave Walker
Quebec
Kendra
Walker
Toronto
Bureau de L'Admissibilite A L'Enseignment En Anglais
Bureau
Lena
Greece
Francois Aquin
Paule Bock-Roche
Montreal Catholic Schools Commission
Alberta Weather Overview From Edmonton to Calgary
Alberta weather report shows turning colder with light snow in Edmonton and Red Deer this evening and Sunday. Calgary and other cities expect cloud cover, snowfall flurries, and a north wind turning stronger tonight with highs near top freezing to minus teens and lows around minus twenty. Jasper and Banff see cloudy skies with flurries tonight and Sunday, turning colder with lows near minus eighteen.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
Red Deer
Calgary
Lethbridge
Medicine Hat
Jasper
Banff
Canadian Weather Update Across Provinces
TORONTO reports Canadian weather with varying conditions across provinces. BRITISH COLUMBIA shows mostly cloudy skies with coastal showers and inland flurries, highs near 5, colder inland. ALBERTA features light snow and cold, highs between -20 and -6. SASKATCHEWAN and MANITOBA have mixed clouds with flurries, lows and highs between -25 and -2. ONTARIO expects snow south and sun north, while QUEBEC ranges from sunny to cloudy with flurries, and the Maritimes and Newfoundland report sun, clouds, and flurries with lows around -2 to -4.
MENTIONED IN THIS ARTICLE
Toronto
British Columbia
Alberta
Saskatchewan
Manitoba
Ontario
Quebec
Maritimes
Newfoundland
Also Mentioned on This Page
THE
EVNE
Santa
Sarnia
Ont
St. Nick
Good Deal
of Medicine
Landlord & Tenant Advisory Board
F. Mrazek
M. McRoberts
M. Anderson
L. Barnes
E. Nelson-Yanke
Grady Johnson
Petroleum Resources
Bock-Roche
Market Square
Hantem
Alta
Medicine Hat College
City Clerk's Department
City Hall
L. P. Godin