High profile deals such as the recent Memorandum of Understanding (MOU) often fall short of expectations, leaving investors skeptical. These “grand bargains” frequently fail to deliver promised value – over-estimated synergies, regulatory hurdles, and rushed integrations routinely undermine outcomes, resulting in stakeholder disappointment.
Canada’s oil & gas industry has contributed more than $4-billion a year to federal revenues, yet Bill S-243 would force banks, pension funds and insurers to apply a 1,250 % risk weight to new fossil fuel debt and at least 150% to existing projects, making financing virtually impossible and turning Canada’s once proud energy superpower into a financial blacklist. Critics warn it will cripple the sector, cost jobs and erode provincial fiscal health.
