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Syncrude Canada Ltd. is one of the world's largest producers of synthetic crude oil from oil sands and the largest single source producer in Canada.It is located just outside Fort McMurray in the Athabasca Oil Sands, and has a nameplate capacity of 350,000 barrels per day (56,000 m 3 /d) of oil, equivalent to about 13% of Canada's consumption. [1]
As of 2009, Syncrude and Irving Oil were leaders in the Canadian industry, with Syncrude being the top producer of oil sands crude and Irving Oil operating the largest oil refinery in the country. [5] Canadian oil company profits quickly recovered following the 2008 financial crisis; In 2009 they were down 90% but in 2010 they reached $8.4 billion.
The Alberta government would collect 50 percent of Syncrude's profits, and; A new corporation, the Alberta Energy Company, would: hold the option to acquire a 20 percent stake in Syncrude after operations had begun, own 50 percent of the Alberta Oil Sands Pipeline, and; own 80 percent of the power plant for the proposed facility. [3]
Alberta, Manitoba, Ontario (Canada) Services: ... Purplebricks Canada is a Canada-based real estate brokerage and a subsidiary of Desjardins Group. History
This is a list of publicly traded and private real estate investment trusts (REITs) in Canada. Current REITs. REIT [1] ... Granite Real Estate: GRT.UN: Diversified Magna
The Syncrude Tailings Dam, impounding the Mildred Lake Settling Basin (MLSB), is an embankment dam that is, by volume of construction material, the largest earth structure in the world in 2001. [1] It is located 40 km (25 mi) north of Fort McMurray , Alberta, Canada, at the northern end of the Mildred Lake lease area owned by Syncrude Canada Ltd .
In 2016, the company took a $749 million writedown, primarily relating to its Alberta office properties. [8] The company had significant exposure to the Alberta market as the result of the 2007 sale of its eastern Canadian properties to GE Capital; at one time, 60% of the company's properties were in Alberta. [9]
The Real Estate Council of Alberta (RECA) regulates the real estate brokerage, mortgage brokerage, property management, and condo management industries in Alberta, Canada. RECA operates on behalf of the Government of Alberta under the authority of the Real Estate Act.
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