Agrium drops hostile takeover offer for U.S. company CF Industries
CALGARY - Canadian fertilizer giant Agrium Inc. is dropping its US$5.5-billion takeover bid for U.S. company CF Industries Holdings Inc., which this week came one step closer to winning a hostile acquisition of its own.
The Calgary-based company said Thursday it will let its offer for CF e...
Thursday , March 11, 2010
Alberta cuts royalty rates for oil and gas industry in bid to win investment
CALGARY - The Alberta government said Thursday it will slash its royalty take from oil and gas producers, many of whom responded to a new regime introduced a year ago by moving their investment elsewhere.
"We can’t pretend that oil and gas investment levels haven’t eroded or that we don’t ...
Thursday , March 11, 2010
Closed Listowel, Ont., soup factory to make hot dogs, employ up to 500 people
LISTOWEL, Ont. - A $3-million grant from the Ontario government - along with $40 million in private funds - will help turn a closed Campbell’s Soup plant in this small southwestern community into a "very large hot dog factory," opening the shuttered doors to hundreds of new jobs.
The old s...
Thursday , March 11, 2010
Quebec, Vermont utilities sign accord which could boost power exports
QUEBEC - Vermont’s two biggest utilities signed a deal Thursday aimed at increasing the amount of power the state gets from Quebec.
"Reaching a new long-term agreement with Hydro-Quebec is a good deal for ratepayers and strengthens the state’s economic future," Gov. James Douglas said. "Th...
Thursday , March 11, 2010
NDP demand to know details of dinner between McGuinty and developers
LISTOWEL, Ont. - The opposition parties can take all the shots they want, Premier Dalton McGuinty said Thursday, as long as people know he would never betray their trust by giving special favours to those who make donations to the Liberal Party.
For the second day in a row, the New Democra...
Thursday , March 11, 2010
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