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, some of whom violently stormed facilities where the Mi kmaq were storing their catches, destroying lobster and equipment. The Mi kmaw chiefs say they intend to defy the federal government and fish out of season again this year. They say the federal mandate was imposed without adequate consultation or scientific justification. Here is part of Jordan s conversation with As It Happens host Carol Off. I m sure you ve heard, as we ve heard, from Mi kmaw communities that they are not going to go along with your plan. They flat out refused to do so. So is it essentially dead on arrival? We will, you know, be enforcing the Fisheries Act this year. ....
Transurban, Macquarie win $5b US road project Share Transurban chief executive Scott Charlton said he was confident the US would recover from the global pandemic after the roads group and its partner Macquarie Infrastructure were named the preferred developers of a new $5 billion tollroad project in the state of Maryland. “The pandemic is obviously something we need to deal with but eventually we’ll get through it and the long-term prospects of that region are very attractive,” Mr Charlton told The Australian Financial Review. Accelerate Maryland Partners, which is owned 60 per cent by Transurban and 40 per cent by Macquarie, has been selected by Maryland to develop a new tollroad project, which is known as the American Legion Bridge I-270 to I-70 Relief Plan. ....
AGL stokes demerger talk after huge loss Updated Save Share Pre-tax profit ($m) -3000 vs 453 Net profit ($m) -2287 v 323 Interim dividend 41c v 47c, payable on March 26 AGL Energy has stoked speculation it is mulling a demerger or break-up as it grapples with an expected permanent softening in power prices as renewable energy floods the market and customer demand for low-carbon energy accelerates. The giant electricity and gas supplier will cut spending and costs after posting a $2.29 billion bottom-line loss for the first half, dragged down by heavy write-downs advised last week. Underlying profit for the December half dropped 27 per cent, short of market expectations, and AGL flagged a significantly weaker second half. ....
Almost $867 million was wiped off the value of AGL Energy and Origin Energy after the two traditional energy powerhouses revealed they are being smashed by weak power prices. ....