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 production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.

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Comment by mrbbon Dec 04, 2022 9:55pm

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Post# 35150020

RE:RE:Constitution

Next year Albertans will pay 55% more carbon tax on gasoline than Quebec.
https://pbs.twimg.com/media/FjKWCCkaEAAns2U?format=jpg&name=large

mrbb wrote:
carbon tax is just an example, maybe not a good example of using sovereignty act but it's better than status quo. You see, status quo is ottawa imposes new tax, provinces have to suck it up or lawyer up to take government to court to fight the tax bill while ottawa collecting the new tax to fund the court fight, Now the table turned, Alberta can nullify current and stop new carbon tax, government have to take alberta to court while alberta not paying the new tax while the matter is in the court. Seeing this new game tactic, other provinces would follow alberta strategy. This matter will now be a national news where as before it's was a western provincial news with low exposure.

Where sovereignty act will have better success is in provincial jursidiction matter like, provincial police, gun law, healthcare, agriculture, GHG target, new energy projects. Western provinces were too timid before while holding better cards, the commodity cards. Russian sanction put canada on the map now. Even Steven Guilbeault wouldn't dare to phaseout oil/gas at the COP27 meeting even though Trudeau had pledged to phase out oilsands.

Trudeau's 'phase out' oilsands comments spark outrage in Alberta | CBC News

Farmer12 wrote: Federal and provincial taxation powers are set out in Sections 91 and 92 of the BNA Act of 1867. A province cannot arbitrarily choose which taxes they like and which ones they don't. Residuary powers are retained by the Federal Government, unlike the U.S., where residuary powers are ascribed to the states. Ultimately the courts would strike down provincial laws that cross the line.