By Maurice Walch Typically, when there are a number of shareholders in a company, if a partner/shareholder leaves, the remaining shareholders will buy out the departing partner’s interest. Effectively, each partner has a potential unfunded liability as they will need to come up with the cash for their portion of the buyout. Alternatively, the company…
By Heather Douglas “Maintaining a maximum increase in global temperature of 1.5 to 2.0 degrees Celsius will involve halving current global greenhouse gas (GHG) emissions by 2050 and reducing them to net zero by 2075, while still allowing for the production of materials needed to support global development. Much of the global climate policy effort…
Some say it’s a proxy battle between Saudi Arabia’s Sunnis and Iran’s Shia’s for control of the Middle East. Many Muslims believe it’s a generational conflict for the soul of Islam. By Heather Douglas “Saudi Arabia and Iran are waging a struggle for dominance that has turned much of the Middle East into their battlefield. Rather than fighting…
By Jared Lazerson, Guest Columnist As the upstream oil, natural gas, and natural gas liquids (NGLs) industry gets back to work across North America, technological innovation may hold the key to cutting costs and growing margins, especially in the area of wastewater handling, treatment, and disposal. Rapid growth of the industry, over the last decade,…
By Heather Douglas Statistics Canada reports this country’s construction industry represents a major component of the economy as it provided 1.4 million direct jobs (latest figures 2015), working for 352,500 companies, and contributed about $117.0 billion to GDP. On a national level, from 1990 to 2015, Canada’s construction industry used 37 per cent more energy…
By Heather Douglas The mining industry, like the energy sector, is coming out of a recent commodities downturn, yet still continues to help underwrite Canada’s economic strength. Employing more than 373,000 full-time workers across the country, miners participate in mineral extraction, smelting, fabrication, and manufacturing. Another 190,000 Canadians are indirectly employed. According to Statistics Canada,…
