Waterous: Oil Sands Strengthen the Bonds of Confederation

In a recent post on the National Post blog, Adam Waterous of Scotia Waterous explains the oil sands are an “important strategic asset” for all Canadians, not just Albertans.

Waterous writes, “The economic impact of the oil sands stretches across Canada. A study in October, 2005, by the Canadian Energy Research Institute estimated that of the total increase in GDP from development and production activities, 89% remained in Canada. Within that 89% share, Ontario;s portion was 11%, Quebec’s 1%.”

Recent News

  1. Waterous Energy Fund announces the final step of its acquisition of Osum Oil Sands Corp; shareholder meeting to be held April 30, 2021 to approve the transaction

  2. Waterous Energy Fund Announces Successful Take-Over Bid for Osum Oil Sands Corp., Commencement of Mandatory 10-Day Tender Extension Period, and Voluntary Resignation of Osum Directors and Officers

  3. Osum Board Withdraws its Recommendation that Shareholders Reject the Offer from Waterous Energy Fund

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