This was a tough decision that we were probably going to have to make in oilsands with or without the merger, Petro-Canada spokeswoman, Kelli Stevens told the Canadian Broadcasting Company We’re in a situation where we have more people than work for them to do.
Costs for the Fort Hills project, which comprises of a mine north of Fort McMurray including an upgrader in Sturgeon county, have skyrocketed to over $21 billion, 50% more than the actual $14.1 billion price tag that was anticipated in June 2007.
