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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Montreal
Canada
U.S. Midwest
East
New York
Halifax
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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