Suncor Energy Inc. T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. It is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.

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Suncor Energy Inc. > We are having are cake and eating it

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Comment by Experiencedon Apr 12, 2024 5:06pm

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Post# 35986720

RE:RE:RE:RE:RE:RE:RE:We are having are cake and eating it

Jay...Good Point

An example by the numbers...

House costs $750,000

For 25 year amortization, assuming a constant rate of 5%, you would pay about $225,000 in interest before you paid off the house. This compares to about $275,000 for 30 year amortization period. So in effect, you are actually paying $50,000 more for the house if you take the 30 years to pay it off.

Trudeau doesn't mention this of course.

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