Quote:
Originally Posted by Top Shelf
I heard Encana and Cenouvs got their debt rating cut to Junk status. That can't be good...
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or unsurprising. I went for lunch end of last year with my O&G investment banker buddy, and I remember standing outside a restaurant in the beltline. I asked how is work? He waved his hand in the direction of downtown and said "All of that is broken"
Since then it has only got worse. Downtown is one giant money pit in general, and it isn't going to get better, especially for Canadian companies who are getting thrown rocks while asking for help.