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Goodale, what is going on?

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  • TOM4CWB
    Senior Member
    • Dec 2000
    • 16511
    #1

    Goodale, what is going on?

    I see this reported on Canadian Press (Comtex)

    Jan. 9 --

    "Petro-Canada shares were up $1.53 to $65.75 after Finance Minister Ralph Goodale said the federal government might sell its $3-billion stake in the company."

    WHy would Goodale want to sell Petro-Canada?

    Does this mean bad news for the oil sector is coming?

    Carbon Credits... increased taxes?
    Tags: None
    • cowman
      Senior Member
      • Oct 2000
      • 7597
      #2
      Or maybe the government is just broke and needs some cash to buy the April election? Goodale says the cupboard is bare and its hard to spend like a drunken sailor if you don't have some cash! Solution...sell off some assets!

        Comment

        • TOM4CWB
          Senior Member
          • Dec 2000
          • 16511
          #3
          Cowman;

          One could hope for a better reason...

          BUT old habits die hard I am afraid...

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