Brookfield, Cameco-owned Westinghouse Electric CEO departs

[Oscar]

Brookfield, Cameco-owned Westinghouse Electric CEO departs

[ https://www.theglobeandmail.com/busines ... mid-heavy/ ]

Mining Reporter, Globe & Mail, January 9, 2025

Patrick Fragman is stepping down as chief executive of Westinghouse Electric Company, a Canadian-controlled global nuclear services business that lost close to half a billion dollars in the first nine months of last year. [
https://www.theglobeandmail.com/resizer ... smart=true> ]

Pennsylvania-based Westinghouse, which is owned by Saskatoon-based Cameco Corp. and Brookfield Asset Management, said in a release <https://www.citybiz.co/article/645795/westinghouse-announces-departure-of-ceo-patrick-fragman/> on Thursday that Mr. Fragman is leaving the company at the end of March to spend more time with his family . . . . "

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[Oscar]

A Saskatchewan Mining Company Dodged Billions in Taxes. Now The Supreme Court Will Decide If They Get Away With It.

[ https://pressprogress.ca/a-saskatchewan ... y-with-it/ ]

Uranium giant Cameco could owe the province over $300 million in taxes alone over a tax avoidance scheme involving a Swiss subsidiary

by PressProgress - November 25, 2020

Canada Revenue Agency wants to take the uranium mining giant Cameco to the Supreme Court for dodging over $2 billion in taxes — and the outcome will have major implications for Saskatchewan’s finances. . . . .

[Oscar]

Cameco to receive CAD300 million tax refund

[ https://www.world-nuclear-news.org/Arti ... tax-refund ]

Monday, 27 March 2023

The Canada Revenue Agency has issued revised reassessments that will result in the Canadian company being refunded a total of some CAD300 million (USD219 million) - CAD89 million in cash and CAD211 million in letters of credit - but the company's broader tax dispute with the CRA continues. . . . . "

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