Just so everyone is aware of the interlocking interests represented by the signatories to 'Northern Gateway, A Project for Canada', Citizen open letter June 12, 2014:
The Province of Alberta of which Dave Hancock is the Premier owns 840,200 shares of Enbridge worth $ 39.3 million.
Shell Asset Management, the investment wing of Royal Dutch Shell of which Dave Collyer was President for Canada in 2008, owns 448,933 shares of ENB worth $21.04 million.
BMO Financial Group of which Dr. Sherry Cooper was Executive VP until last year, and Brian Tobin is now Vice Chair owns 23,185,663 shares of ENB worth $1.084 billion.
CIBC Asset Management Inc., of which John Manley is an independent director, owns 5,224,061 shares of ENB worth $244.3 million.
Scotiabank, of which Barbara McDougall was a director from 1999 to 2008, owns 27,973,859 shares of ENB worth $1.308 billion.
Astur Gold Mining of which both Dr. Patrick Moore and Cary Pinkowski are directors, helped create 'British Columbians for International Prosperity', an industry-funded group promoting heavy oil pipelines and tankers through B.C.
EVRAZ, where Conrad Winkler is the CEO, owns the Regina Tubular plant, capable of manufacturing the steel pipe for Northern Gateway and boosting the economy of Saskatchewan where Brad Walls is the Premier.
The most accurate way of predicting the prejudices held by people on any controversial project is to examine their vested interests in that project.
Chris Peter
Prince George
