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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.


TSX:SU - Post by User

Suncor Energy Inc > ABSOLUTELY DISGUSTING: SUBSIDIES Of $ 4M Per EV FACTORY JOB
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Comment by Experiencedon Jan 27, 2024 4:53pm
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Post# 35848803

RE:RE:ABSOLUTELY DISGUSTING: SUBSIDIES Of $ 4M Per EV FACTORY JOB

RE:RE:ABSOLUTELY DISGUSTING: SUBSIDIES Of $ 4M Per EV FACTORY JOBmarketsense - good to see your post!!

Agree with your sentiments 100%...

In addition to your great points, I also recall the Governments - federal and provincial - subsidizing an auto car plant with some unenforceable provisions that the auto company would have to guarantee so many jobs for a certain period of time and the auto company folded up its tent long before its committments were paid and the Governments not saying a word and taxpayers getting it on the chin.

IMO, the size of this latest round of battery plant subsidies make these past boondoggles look like chump change..

As I have mentioned time and again, when Governments monkey around with the natural business ecosystem all they do is cost taxpayers more money and create problems.
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