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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

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.


TSX:SU - Post by User

Post by Oldnaggeron Jun 13, 2023 7:05am
187 Views
Post# 35493114

The quadruple carbon tax

The quadruple carbon taxConservatives in parliament keep bringing up the point about Trudeau's triple tax on Carbon. The original tax, the July 1 st new tax and the GST on both of them.
Absent mindedly, the Conservatives seem to have forgotten the fourth tax . That tax consists of obstructing fossil fuel projects while at the same time adding to the costs of existing projects. Meanwhile they are heavily subsidizing so called green projects such as battery plants

Put all this together and it is a sure formula for hardship and uncompetitiveness

Of course all this is already known, but it does need to be repeated over and over until Canada finally cleanses itself of Trudeau's nonsense 

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