Canadian profits returning to more normal levels
Gary Park Petroleum News Calgary Correspondent
Oil patch profits in the Canadian industry could be slashed in half this year, the Conference Board of Canada has predicted — but that assumes an easing of commodity prices.
The report forecasts profits of C$13 billion for 2004, down from last year’s staggering C$28.7 billion, with a further drop t....
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Production costs expected to grow
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