Tuesday, August 14, 2012

Native businesses in the oil sands

Dave Tuccaro. Picture stolen from the Globe and Mail.
Here's an interesting article in the Globe and Mail talking about First Nation companies operating in the oil sands. They talk about how much the economic prospects of tribes in northern Alberta have improved through the oil sands industry. I learned that Dave Tuccaro is probably Canada's richest Native, having a net worth of about $125 million. He claims that Native owned companies now pull in over a billion dollars a year from oil sands activity.

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