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Posted AT 9:09 PM EST on 11/06/08

Canada urged to amass oil wealth

HEATHER SCOFFIELD

From Thursday's Globe and Mail

OTTAWA — The Organization for Economic Co-operation and Development is pushing Canada to adopt Norway's model for managing oil wealth, an approach Alberta has rejected. The Paris-based OECD, which represents 30 of the world's richest countries, yesterday urged Ottawa and Alberta to create asset funds with stringent rules to direct energy wealth into foreign investment.

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