Brookfield says scouting for oil assets in Alberta Brookfield says scouting for oil assets in Alberta (Reuters)
https://www.reuters.com/article/2015/05/06/brookfield-asset-energy-alberta-idUSL1N0XX2ED20150506
May 6 Brookfield Asset Management Inc , one of Canada's top investment management firms, is actively scouting for oil assets in the oil-rich Western Canadian province of Alberta, said Chief Executive Bruce Flatt on Wednesday.
"Our main investment objective is to put money where money is scarce," Flatt told media on the sidelines of Brookfield's annual shareholder meeting in Toronto. "And oil and gas, and especially oil in Alberta, is a sector that is under more stress than it has been in a long time."
Although, i don't presume this is new information for anyone on this bullboard.