Bay du Nord was approved. It's a big thing getting a project approved—300 million barrels—yet, after the approval, the company walked away. They said the economics weren't there.
What does that mean for your industry?
On February 12th, 2024. See this statement in context.
February 12th, 2024 / 6:25 p.m.
NDP
Charlie Angus NDP Timmins—James Bay, ON
Bay du Nord was approved. It's a big thing getting a project approved—300 million barrels—yet, after the approval, the company walked away. They said the economics weren't there.
What does that mean for your industry?
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