‘Epitome of stupidity’ — Oilpatch, investors fume over Ottawa’s new tax on share buybacks, writes ChrisVarcoe: yyc yycbiz cdnpoli
Canadian Natural Resources
The Calgary-based producer also pointed out it expects to pay about $11 billion this year to various levels of government in Canada through income taxes, property taxes and royalties, a 120 per cent jump from last year. “If Canada really supported more LNG plants and changed both the fiscal and potentially the regulatory environment so that these projects could proceed quicker, you would see more activity, which creates more jobs and more economic benefit to Canada,” he said.Article contentTourmaline Oil Corp., the country’s largest natural gas producer, reported a profit of $2 billion for the quarter, up from $361 million a year earlier.for the third quarter of $2.
“It is a long-life asset, it has low-intensity GHG barrels, and we were able to transact at a very compelling value for our shareholders,” Suncor interim CEO Kris Smith said on a conference call.
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Varcoe: After a day of fuming at feds, oilpatch receptive to new green tax creditsVarcoe: After a day of fuming at feds, oilpatch receptive to new incentives for green tax credits yyc ABenergy oilpatch abpoli cdnpoli
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'A dart in the forehead of the energy industry': Oilpatch reacts to tax on stock buybacksThe tax on corporate stock buybacks is expected to generate $2.1 billion in revenues for the federal government over five years. Read more.
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'A dart in the forehead of the energy industry': Oilpatch reacts to tax on stock buybacksThe tax on corporate stock buybacks is expected to generate $2.1 billion in revenues for the federal government over five years. Read more.
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'A dart in the forehead of the energy industry': Oilpatch reacts to tax on stock buybacksThe tax on corporate stock buybacks is expected to generate $2.1 billion in revenues for the federal government over five years. Read more.
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