Potash call a tough one for Ottawa
Options are narrowing >
Changing course means dividends for Alberta’s biggest institutional investor >
Options are narrowing >
A number of people have asked me what I think of the Precision Drilling “bailout.” People connected to the oil and gas sector in downtown Calgary, especially, see Alberta Investment Management Corporation’s $380-million lifeline to Precision Drilling Trust as the Alberta government’s way of saving the creator of thousands of well-paid jobs in rural areas and small towns — the Stelmach heartland — at the expense of smaller competitors and needed rationalization throughout the oilfield services sector. I think otherwise. Here’s why. >
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