Coal is taking a beating. As mining costs rise, coal reserves deplete, emission regulations strengthen, and inter-fuel competitive dynamics change, the allocation of coal in the electric...
The Salmon Strategy: Power Swims Upstream to Canada.
are good. The Canadian economy is rebounding, with the Organization for Economic Cooperation and Development forecasting GDP growth ahead of expansion. Private consumption expansion in 1996-97 is expected to grow more than 3 percent annually, with imports up 6 to 7 percent. Both the Canadian dollar and housing demand are up, and Québec intends to cut its deficit in half. The only competition comes from Labrador. You could do worse for a market. t
Stephen Maloney is president of Devonrue LTD, a consulting firm to power and telecommunications companies.
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