Oil prices are (pretty much) irrelevant.
1) I highly doubt any of the owners are in a situation whereby this proposal would leave them 'strained'
2) Any crunch from the oil price is offset by lower costs
3) this is (at least) a 5 year project. The price of oil, Calgary real estate, and the state of the economy, are going to change multiple times over the life of the project.
A deal this size transcends today's oil price.
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