[Ost-news] Canadian quarterly oil and banking profits rise

Oil Sands Truth: Shut down the Tar Sands - social and environmental impacts of tar sands heavy oil projects across North America news at resist.ca
Sun Dec 2 18:40:11 PST 2007


Canadian quarterly oil and banking profits rise  
CanWest News Service

OTTAWA -- The energy and banking industries spurred a 5.8-per-cent  
surge in Canadian third-quarter operating profits to a record high  
$67 billion, Statistics Canada reported Thursday. At least one  
analyst, however, warns the days of record profits may be coming to  
an end.

Oil and banking accounted for almost half of the country's gains in  
operating profits, the government agency said. The biggest profit  
increases posted in the manufacturing sector were in motor vehicles,

[read more][1]

    [1]: http://oilsandstruth.org/canadian-quarterly-oil-and-banking-profits-rise

URL: http://oilsandstruth.org/canadian-quarterly-oil-and-banking-profits-rise



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