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Bullboard - Stock Discussion Forum 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... see more

TSX:SU - Post Discussion

Suncor Energy Inc > carbon tax
View:
Post by befree on Sep 21, 2023 1:33pm

carbon tax

WOW  just had my furnace tank filled
79.38  carbon tax added as a separatel line
not looking forward to the maritime winter  regular fill up
thank you mr turdo
oh did i spell that wrong
be free
Comment by matt2018 on Sep 22, 2023 3:21pm
befree..... didnt "mr turdo" sweep up in the maritmes last election? He was 6/7 in NFLD, 4/4 in P.E.I.,etc, etc. He's your guy out there isnt he?
Comment by befree on Sep 25, 2023 8:22am
yep i hear u just fustrated we have to contribute and help the few that can already afford a more expensive ev vechile hopefully he will not claw back the old age and canada pension to help these poor folks  (not going to happen )sadly it is all about the votes the older i get the more i see it o well  all is good  we are above ground and living a very comfortabe lifestyle here in ...more  
Comment by Experienced on Sep 25, 2023 9:19am
Glad to hear that you are still looking down at the grass as opposed to looking up at it!!! Just a point of clarification, there already is a clawback on the OAS if your income is above a certain level. That said, I do agree with your sentiment.  When Governments put their thumb on the scale, most of the time all they do is screw up the natural business/economic ecosystem and create ...more  
Comment by meritmat on Sep 25, 2023 9:54am
In the current environment why would you invest anywhere other than oil if youre an oil producer? The wind/solar is a joke. Theres no money in it. All these companies are spending a fortune to reduce there emissions never mind the multi billions the group of oils sands companies will be spending on CC
Comment by Experienced on Sep 25, 2023 10:52am
Merimat - a couple of things I didn't say anything about SU investing in solar or wind. Your comment means that if you are in the camp that believes the future returns from investing in an oil producer will better than anywhere else.  My view is the opposite.  So, as I said in my previous post, SU is a one trick pony and so if things don't go well for future oil prices (ie they ...more  
Comment by matt2018 on Sep 25, 2023 1:28pm
"All SU would need to do is to have a talk with the Government agency that is evaluating grant applications from companies like that and get the list..." You see that's the ironic thing about all this Experienced.  If companies like SU weren't out there earning $billions in profit and paying $billions in taxes, these "start-ups" (which will most will fail, most ...more  
Comment by ztransforms173 on Sep 25, 2023 1:54pm
matt2018: - in 2022, the Government of Albera will COLLECT oil sands ROYALTIES of ~ $ 20 BILLION * this does NOT include the CORPORATE income taxes or oil sands company employee INDIVIDUAL income tax payable z173
Comment by matt2018 on Sep 25, 2023 2:11pm
Incredible isnt it. True figure for total taxes generated by oil sands businesses would likely be $100B+ How many 1000's of theses bogus start-ups and how many decades would it take the ones that survive to pay that amount of taxes combined? Nevermind that, they wouldnt even be able to likely generate tax revenue to offset the money they take out of government coffers for grants, interest free ...more  
Comment by newtonboy on Sep 25, 2023 2:58pm
Very comforting to know that all these billions in tax dollar returns from the O/G provinces will go towards to offset the more than $80 billion the Feds doled out on CERB. 
Comment by befree on Sep 25, 2023 6:25pm
wow  cannot comment on cerb that is a hot topic  justin boy every day just like a COO KOO clock when time strikes 12  he opens the door  walks out and says going to give ???? to ???   every day  can u believe that (got alot of votes  good deal buy votes we our money ) as for oil   yes i am in for the ride  not long term maybe 2-3 years then ...more  
Comment by Experienced on Sep 25, 2023 7:04pm
Wise words befree.....always a good idea to look over your shoulder and see if you are missing something important.  Failure to do so = lost money
Comment by GingerEnergy111 on Sep 26, 2023 8:56am
Funny how CERB sounds so much like "serf".  Serfdom - one lord controlling everything through debt bondage. Step 1 - create the debt.
Comment by meritmat on Sep 25, 2023 1:34pm
Then what would you have SU invest in?  Perhaps buy out a NG company to add a gas play...its an idea.  Possibley buy into a company thats investing in emmision reductions?  Maybe.   Oil companies should stick to there bread and butter.  If I wanted to invest in something to do with the transition I would not be looking at a heavy oil play. This is a 3-5 year time ...more  
Comment by jx7000 on Sep 25, 2023 10:48am
So you voted for Libs/NDP in the last (so-called) elections?  I just read that the CCP is now building two new coal-fired power plants per week.  I wish I could find that news story.  
Comment by befree on Oct 31, 2023 9:18pm
wow   wonder how i can claim my 79.00 carbon tax refund what a joke befree in the maritimes