Imperial Oil CEO believes company will be ‘resilient’ to potential tariffs from U.S.
The chief executive of Imperial Oil Ltd. says he hopes Canada can avoid potential tariffs from the U.S. on energy products, but believes his company should be well-positioned to withstand the negative effects.
DEEP brings SLB onboard for geothermal project
SASKATOON - DEEP Earth Energy Production Corp. (DEEP) announced on Jan. 29 a strategic collaboration with global energy technology company SLB (NYSE: SLB) to drive the development of Canada’s first next-generation geothermal project, located in southeast Saskatchewan....
Eric Cline’s Squandered: Canada’s Potash Legacy: Windfall profits, economic rent and paying for social services, Part 3
“It is abundantly clear that the division of profits from potash is grossly unbalanced. The province is shortchanging its own treasury and people.”
Eric Cline’s Squandered: Canada’s Potash Legacy: About that royalty review … Part 2
Cline notes that the industry was not making huge profits at the time, and the government agreed to a capital cost allowance of $1.20 for every dollar of capital investment. “Perhaps it was overly generous, and I don’t claim everything I was responsible for in government was perfect. One thing I can claim is that it seemed to work,” he writes.
Eric Cline’s Squandered: Canada’s Potash Legacy, takes a hard look at royalties. Part 1
In late March, 2024, Eric Cline released his book Squandered: Canada’s Potash Legacy. It’s not often that former Saskatchewan resource ministers write books about royalties, so Pipeline Online is dedicating a lot of space to it.
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