J.P. Bryan joinms Canadian 88 with mandate to double its size
Article Abstract:
Canadian 88 Energy Corp., a gas producer based in Calgary, Alberta, has named Texas oilman J.P. Bryan as its new executive chairman. Bryan's appointment is part of Canadian 88's strategy to boost its holdings by 100% to reach the C$1-billion mark. As executive chairman, Bryan, who was CEO of Gulf Canada Resources Ltd. prior to his recent appointment, is expected to guide the company in making acquisitions in order to boost the company's assets. Canadian 88 awarded Bryan stock options, which are equivalent to a 1.25 stake in the company, and promised him another 1.25 stake if he will be able to achieve the goal of doubling the size of the company.
Comment:
Names Texas oilman JP Bryan as new executive chairman
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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Uniform tax rate expected in alberta
Article Abstract:
Alberta is planning to launch an income-tax system based on a single tax rate. The proposed tax reform would involve the decoupling of the province's taxation of personal income from the federal government's by basing provincial taxes on income, and not on percentage of federal taxes. A government-appointed committee suggested a single tax rate of 11%, and recommended the expansion of basic personal exemptions and spousal exemptions to reduce or eliminate taxes for low-income households.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
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