NEWS02/05 04:24PM Alberta premier says no financial aid for Nova
(In U.S. dollars unless noted.)
CALGARY, Alberta, Feb 5 (Reuters) - Alberta will not offer
any financial assistance to Nova Chemical Corp <NCX.TO>, Ed
Stelmach, the premier of the Western Canadian province, said on
Thursday.
Nova needs $100 million to meet financial obligations.
There had been speculation that the province or some of its
financial agencies would provide the cash but all have denied
any plans to come forward with the money.
(Reporting Jeffrey Jones, writing by Scott Haggett; editing by
Rob Wilson)
* THAT FIGURES. ED STELMACH'S ROYALTY REVIEW IS KILLING THE ENERGY INDUSTRY NOW HE IS GOING AFTER ANOTHER BIG EMPLOYER. Teh so-called "Alberta Advantage" is dead. thanks to farmer Ed.