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Medicine Hat News in Medicine Hat, Alberta

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Medicine Hat News

Location

Medicine Hat, Alberta, Canada

Date

Jun 24, 1995

Page

6

Canadian gas exports fade as U S deregulation reshapes energy market

A Calgary Herald report notes that U S electricity deregulation loosens barriers to competition, diminishing Canadian natural gas prospects. Experts foresee reduced new plant construction in California and a long term shift to an integrated energy market with potential wealth transfer to consumers and investors.

Alan Boras Calgary Herald U.S Washington, D.C California American West John Jimison Crossborder Services Jimison Calgary Canada Russ Girling Northridge Petroleum Marketing Inc

Foreign control of Canadian beer grows with Labatt bid

The Canadian beer scene faces rising foreign ownership as Labatt may be bought by Interbrew. Molson remains partly owned by Foster's and Miller, with Molson and Labatt accounting for over 90 percent of domestic beer sales. Local brewers fear loss of Canadian identity, while several executives argue global partnerships are needed amid a flat market.

Labatt Interbrew Molson and Labatt Canada John Labatt Ltd Sandy Morrison Brewers’ Association of Canada Belgium

Canadian beer scene sees foreign ownership rise

If Labatt sale to Interbrew proceeds, both of Canada's top brewers would have majority foreign ownership. Molson remains partly foreign owned with a 60 percent stake split between Molson Cos and Foster's and Miller, while Labatt nears almost full foreign ownership under Interbrew. Other Canadian brewers hold about seven percent of the market.

Derek Oland Moosehead Breweries Saint John N.B Molson Canada Foster's Australia Miller Brewing Co Molson Cos. Ltd Toronto Labatt Interbrew Foster’s Miller Brewing Corp United States Belgium Moosehead Breweries Ltd The Maritimes Lakeport Brewing Corp Ontario Pacific Western Brewing Co British Columbia Drummond Brewing Co. Ltd Alberta Sleeman Brewing and Malting Co. Ltd

Sherritt expects Cuban units on U S blacklist

Canadian firm Sherritt Inc. anticipates Cuban operations will be listed as specially designated nationals of Cuba in the US Federal Register next Monday. The designation bars the commodity metals unit from U S business, though Sherritt says it has long sourced Cuban feedstock and will not alter current U S or Cuban dealings.

Toronto Sherritt Inc United States Sherritt Patrice Merrin Best Federal Register Cuba Merrin Best U.S

U.S. natural gas factions push rival expansion plans

In Calgary two U S pipeline executives urged a truce as Northern Border Pipeline and Natural Gas Pipeline press to sign Canadian producers for added capacity to Chicago and beyond. Each side plans open seasons while warning both schemes cannot co exist and would delay a 1996 start up.

Alan Boras Calgary Herald U.S Midwest Northern Border Pipeline Co Omaha Neb Natural Gas Pipeline Co Lombard, Ill Chicago Ohio Pennsylvania Phil Bottger Bob Hill Northern Border Saskatchewan Iowa

Longshoremen sign five year Montreal labour deal

In Montreal the port strike ends as 90 percent of dockers approve a five year contract cutting jobs from 906 to 760 and funding early retirement for staff age 55 or older. The agreement stabilizes operations through 1997 with wage increases and buyout packages.

Montreal Canada U.S. Midwest East New York Halifax

Also Mentioned on This Page

Eastern Seaboard Gulf Coast Mays S Brewing George Taylor John Sleeman Sleeman Brewing and Malting Co Guelph, Ont Stroh’s Brewer Miller Onex Corp Oland Amanda Bresseau Albert's Kingsway S.E Fotern Tanta Tetera Dill Street SE Medicine Agriculture Financial Services Corporation Merv Belsher Alberta Ltd Division Avenue North Medicine Hat Strikers Seattle Horizon Air Calgary International Horizon Bellingham Wash Air Canada Alliance Forest Products Inc Guerette Group Degelis Quebec Baker Brook Michael Potter Tiny Cognos Inc Potter Darryl Washburn Dear Saviour
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