CALGARY, Alberta, Sept 28 (Reuters) – Canada’s Competition
Bureau has charged Irving Oil Ltd, part of the big Eastern
Canadian family-run business empire, and one of its managers in
a sweeping Quebec gasoline price-fixing case that has already
resulted in jail terms and C$3 million ($3.1 million) in fines,
the agency said on Friday.
Irving Oil and the manager of the company’s business in
Quebec, Serge Parent, each face three charges in connection with
fixing the price of fuel in Victoriaville, Thetford Mines and
Sherbrooke, Quebec, the federal bureau said in a statement.
Parent could not immediately be reached for comment.
Be interesting to find out identity and motivation of the holder(s) of the 1 pct of #Nexen shrs who voted against #CNOOC takeover
CALGARY, Alberta (Reuters) – Nexen Inc (NXY.TO: Quote, Profile, Research, Stock Buzz) should have an easy time getting its shareholders to approve the $15.1 billion takeover of the Canadian oil and gas producer by China’s CNOOC Ltd (0883.HK: Quote, Profile, Research, Stock Buzz).
The biggest risks to the deal come from politicians and bureaucrats in Canada and the United States as they agonize over how much of the continent’s energy assets should be absorbed by a Chinese state-owned enterprise.