Oilsands Critics put Spotlight on Foreign Ownership

Oilsands Critics put Spotlight on Foreign OwnershipAnti-oilsands activists hit back at recent criticism of foreign funding of environmental charities Thursday by releasing a report showing oilsands companies are overwhelmingly foreign-owned. ForestEthics Advocacy — a spin-off of ForestEthics, which is a registered charity — released a shareholder analysis conducted using Bloomberg statistics that found 71 per cent of all companies operating in the Fort McMurray, Alta., area are not Canadian. Of the remaining companies that are headquartered…

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WikiLeaks: Prentice was ready to curb oilsands

WikiLeaks: Prentice was ready to curb oilsandsFormer environment minister Jim Prentice told U.S. Ambassador David Jacobson that he was prepared to step in and impose tougher regulations on the oilsands if the industry damaged Canada’s green reputation, according to a cable released by WikiLeaks. “[Prentice] noted that if industry did not take voluntary measures and if the provincial government did not set more stringent regulations, he would step in and press federal environmental legislation,” according to…

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