Sue's Blog

Showing posts with label anna thistle. Show all posts
Showing posts with label anna thistle. Show all posts

Friday, February 09, 2007

More Abitibi assets going to the block....

Now listen-up just in case our Minister of Business - Minister of Natural Resources - the Premier - the Leader of the Opposition - and Anna Thistle - miss it...

I can certainly see that happening - WAKE UP!

Abitibi is looking at selling it energy related assets:

READ THIS from the Fort Frances Times

MONTREAL —Abitibi-Consolidated Inc.’s drive to profitability could lead it to transfer the electricity generation assets of nearly half its mills in the coming years to a new joint venture being set up to hold the newsprint company’s Ontario hydroelectric plants.

Abitibi announced last month it will own 75 percent of the venture, to be called the ACH Limited Partnership, with the remainder owned by the Caisse de depot et placement du Quebec.


“Over time, I think we’ll look not only at the Quebec assets but all assets in the company as possible enters into the new Abitibi Hydro.”

Maybe more of our hydro-resources can be owned by Quebec right???

Are you out there? Are you listening? Do you care?
From what I have witnessed regarding the pulp and paper sector - the politicians are "not all over it" - and apparently very "naive".

“Over time, I think we’ll look not only at the Quebec assets but all assets in the company as possible enters into the new Abitibi Hydro.”