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Vol. 11, No. 39 Week of September 24, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry


Bust the trusts, or stay the course?

Faced with largest trust conversion, Canadian government opts for hands-off stance; pressure builds for tougher disclosure rules

Gary Park

For Petroleum News

Canadian government coffers are bulging from a petroleum windfall that saw the tax take from industry profits soar to a record C$7.5 billion in 2005, C$3 billion ahead of the previous year. Statistics Canada reported that the commodity-price-driven bonanza also pumped up oil and gas capital spending....

    [additional news subjects in this story]

Telus would be largest single trust

Finance minister concerned, monitors market


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