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Athabasca Oil Corp
Symbol ATH
Shares Issued 503,312,791
Close 2025-06-04 C$ 5.26
Market Cap C$ 2,647,425,281
Recent Sedar Documents

NP says MEG, rivals hear "Grand bargain" achieved

2025-06-04 09:11 ET - In the News

See In the News (C-MEG) MEG Energy Corp

The National Post reports in its Wednesday, June 4, edition that "Grand bargain" was the phrase of the day on Parliament Hill after Prime Minister Mark Carney and his provincial counterparts found common ground on oil and gas development. The Post's Rahim Mohamed writes that Energy Minister Tim Hodgson boasted to the Opposition benches: "If the Conservatives were listening to yesterday, there is a grand bargain. There is a bargain that the premier of Alberta has signed onto." Alberta Premier Danielle Smith left Monday's first ministers' meeting with a new deal exchanging oil sands access to coastal waters for massive investments in decarbonization technologies, but experts warn this could be a costly pipe dream. Garrison Strategy partner Tim McMillan said, "I'm worried we're seeing the first ministers fall into a trap of wanting to have their cake and eat it too." Ms. Smith said Monday evening that she was encouraged by the inclusion of language endorsing the movement of "decarbonized Canadian oil and gas by pipelines" in the meeting communique. The PM said Monday that he would consider fast-tracking a new oil pipeline to the West Coast if it shipped "decarbonized barrels" to new markets.

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