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mrsocko





Joined: 29 Oct 2006
Posts: 2463
Reputation: 131.2
votes: 8
Location: Southwestern Ontario

PostPosted: Sat Oct 27, 2007 9:44 pm    Post subject: Reply with quote

In the National Post today they were saying that the income trust bust was not as bad as people have made it out to be. They said that people are still seeing good returns on the investment,except in the oil and gas field.

http://communities.canada.com/.....sacre.aspx

It will be interesting to see what effect this really has on investment in the oil sands. Kind of a double whammy with first income trusts now this royalty increase.
kwlafayette





Joined: 03 Sep 2006
Posts: 6155
Reputation: 156.2Reputation: 156.2
votes: 28
Location: Saskatoon Saskatchewan

PostPosted: Sat Oct 27, 2007 10:40 pm    Post subject: Reply with quote

Hey, maybe all the oil companies moving out of Alberta can head to Sudan.

http://www.ctv.ca/servlet/Arti.....hub=Canada
Quote:
OTTAWA -- Word from Ottawa that an investigation showed the identity of a man kidnapped by rebels in a Sudanese oil field is not Canadian.


Because hey, nothing is worse than a tax right?
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New Alberta Royalties

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