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It faced an existential menace in 2020 in the event the COVID-19 pandemic crushed oil prices. A govt-backed loan assisted maintain it and as price ranges rebounded, Bonterra repaid the financial loan, as well as C$one hundred fifty million in financial debt in the course of the previous year as of your 3rd quarter.
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Make or even restore a payday advance bank loan in a rate of fascination that surpasses 36 p.c each individual annum, excluding an individual origination demand to get a manufacturer-new financial loan.
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WINNIPEG, Manitoba (Reuters) - After a bumper yr of share buybacks and dividends, buyers in personal debt-gentle Canadian oil and fuel producers are set to reward shareholders far more in 2023 because they make ample cash and demonstrate little hunger for acquisitions.
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