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Teck CEO shoots down speculation about Fort Hills oil sands stake

Business News Network | March 8, 2016 | 11:10 am Base Metals Energy Canada Europe Coal Copper 

Teck Resources’s CEO, Don Lindsay, says the company is not considering selling its stake in the Fort Hills oil sands project.

In an interview on Business News Network, he was asked whether the company has discussed selling its 20 per cent ownership in Fort Hills.

“Not a single discussion. Not a single hint of it,” said Lindsay. “We’re building a long-term franchise.”

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