I hear foreign Sovereign National firms and other investment co's from afar are buying up "shares" in the Canadian companies with "licences" to extract oil, gas etc.
It's an opportune time esp for natural gas - prices very cheap! too cheap for some co's to actually produce gas (without taking huge tax-write-down)
If it's too cheap now, why aren't WE buying it back?
Remember Ontario's 25% investment in Suncor .... wouldn't that be a smashing success now?
If China is buying OilSands companies .... why is CPPIB investing anywhere else?
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