Potash Corp. Drops After New Democrats Call for More Royalties
The New Democrats made the demand during a debate, the Canadian Broadcasting Corp. reported today. Dwain Lingenfelter, the party’s leader, argued for more royalties with Premier Brad Wall, leader of the Saskatchewan Party, which says the current system encourages investment, the CBC said.
Potash erased earlier gains and fell 1.4 percent to close at C$49.76 in Toronto.
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