Premier Rodney MacDonald welcomed the announcement today, Jan. 9, of the three members of the panel on Crown Share Adjustment Payments, and acknowledged the experience and ability that each member brings to the task at hand. “The members are very well respected and will bring a vast amount of knowledge, expertise and balance to the process of determining the value of the Crown share adjustment,” said the premier. “I look forward to the end of what I’m sure will be thorough deliberations, and commend each for being so willing to assist their province and country.” The premier’s comments come after the province and the federal government named Dara Gordon, partner and member of the board of directors at law firm McInnes Cooper, and Brian Lee Crowley founding president of the Atlantic Institute for Market Studies and current Clifford Clark Visiting Economist at the federal Department of Finance, as members of the panel. Lorne Clarke, former Chief Justice of Nova Scotia, has been named chair of the panel. As specified by Premier MacDonald and Prime Minister Stephen Harper, the panel will settle the long-standing technical dispute over the value of federal Crown Share Adjustment Payments to Nova Scotia under the original 1986 Offshore Accord. The panel has been asked to report back by March 15.
BlackBerry shares have been halted in U.S. pre-market trade. Bloomberg News reports that the company has formed a special committee to explore strategic options which could include a possible sale of part or all of the company.BlackBerry says Fairfax’s Prem Watsa, a major shareholder of the company, is leaving the board as the smartphone maker launches its review.The announcement comes amid unconfirmed reports that the Waterloo-based company may go private.MORE TO COME BlackBerry shares halted in pre-market trade by News Staff Posted Aug 12, 2013 6:17 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email