Posted on 06/10/07
Major investors press Alberta on royalties
CALGARY -- Investors controlling upward of $1-trillion pressed the Alberta government yesterday to water down proposed increases of energy royalties and taxes in the province.A group of major investors, including Ontario Teachers Pension Plan, met with Ron Stevens, Alberta deputy premier and justice minister, and Mel Knight, energy minister, yesterday afternoon in Calgary, a gathering organized by Michael Tims, chairman of Calgary brokerage Peters & Co. Ltd.
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