Government of Canada - Department of Finance
Skip all menus (access key: 2) Skip first menu (access key: 1)
Menu (access key: M)
Budget Information
Economic & Fiscal Information
Financial Institutions and Markets
International Issues
Social Issues
Taxes & Tariffs
Transfer Payments to Provinces
Media Room - News Releases
FTP SiteNotices to MediaSpeeches

Ottawa, March 23, 2004
2004-022

Government Intends to Sell Petro-Canada Shares Next Fiscal Year

Minister of Finance Ralph Goodale today announced the Government’s intent to sell its Petro-Canada shares in 2004–05.

The Government of Canada currently owns 49,390,104 common shares of Petro-Canada.

Today’s announcement does not constitute an offer of any securities for sale. The precise timing of the sale is yet to be determined.

___________________
For further information:

Andrée Houde
Public Affairs and Operations Division
(613) 996-8080
Pat Breton
Press Secretary
Office of the Minister of Finance
(613) 996-7861
Pat Murray
Economic Development and Corporate Finance Branch
(613) 995-7392

If you would like to receive automatic e-mail notification of all news releases, please visit the Department of Finance Canada Web site at http://www.fin.gc.ca/scripts/register_e.asp.


Last Updated: 2004-03-23

Top

Important Notices