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Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
Oct 22, 2011
Page
4
Redford cited a rushed government plan to run two power lines and a substation to prevent a looming shortage. Critics call it pork barrelling to enrich corporate friends, raise taxes, and push higher power bills, risking business investment.
Alberta Premier Alison Redford keeps non committal on reaching the budget balance target by 2013. In a radio call she cites global financial volatility as making the plan tricky while not abandoning the date. She pledges a budget update to the legislature and notes a month long recess as her cabinet refines priorities.
Agricultural prices show canola and feed wheat quotes in Manitoba and British Columbia. Thunder Bay and Vancouver levels list Canola No. 1 Canada at 535.10 and 542 Canadian dollars, with feed wheat tracked at 248.00.
Connacher Oil and Gas says its two Algar SAGD wells at the Great Divide project in northeastern Alberta produced 23 percent higher daily bitumen output in August and September versus April. The company says solvent recovery exceeded expectations but notes facility modifications are needed to capture and recycle solvent.
Quebecor Media has sent Radio-Canada a lawyer’s letter demanding removal of allegedly defamatory material about the company from its site. The firm calls the claims false and malicious and seeks an apology and a Quebecor press release to correct the CBC statement.
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