Tag Archives: bankruptcy

Alberta and Canada ignores the ticking time-bomb of orphaned oil and gas wells at its own peril

Eamon Mac Mahon, ASSOCIATED PRESS Syncrude upgrader facilities on the Athabasca river near Fort McMurray Alberta Dec 9 2019 – Globe and Mail, The Narwhal and Concerned Citizen — These are some of the major issues that make it hard … Continue reading

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Tour company Thomas Cook collapses, 150,000 people stranded

People walk past a closed Thomas Cook travel shop in London, Monday, Sept. 23, 2019. (AP Photo/Frank Augstein) Thomas Cook has ceased trading, its four airlines will be grounded, and its 21,000 employees in 16 countries, including 9,000 in the … Continue reading

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Canadian Government proposing replacing the National Energy Board Regulator via Bill-C69 and appointing board members and high paid CEO

March 30 2019 – Various news sources plus commentary Here is an update on the status of Bill-C69, a collection of news articles, details of the appointments and some commentary. This bill passed in the house with Liberal majority and … Continue reading

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Three tobacco corporations guilty of concealing risks of smoking ordered to pay over $13.5 Billion in damages and granted creditor protection

Imperial Tobacco spokesman Eric Gagnon speaks to reporters on March 1, 2019. RYAN REMIORZ/THE CANADIAN PRESS — “Earlier this month, the Quebec Court of Appeal upheld a 2015 ruling in a lower court that found the tobacco companies (Imperial Tobacco, … Continue reading

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California utility’s bankruptcy filing is a warning about hidden climate-change financial risk

https://www.theglobeandmail.com/business/commentary/article-california-utilitys-bankruptcy-filing-is-a-warning-about-hidden/

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