N. Murray Edwards - Source of Edwards' Fortune

Source of Edwards' Fortune

Edwards has more at stake in the Canadian oil sands than possibly any other individual. His company, Canadian Natural Resources, has sketched out plans to spend $25 billion to turn the bitumen-bearing sand found in northern Alberta into barrels of crude oil. This media shy lawyer-turned financier also owns big stakes in Ensign Energy, Canada's second biggest oil services company, and Penn West, one of Canada's biggest energy trusts. He also owns Resorts of the Canadian Rockies, which owns Fernie Alpine Resort, Kimberley Alpine Resort, Nakiska, Stoneham Mountain Resort, and Mont-Sainte-Anne, Kicking Horse Resort. He also owns shares of the Calgary Flames hockey team. He also owns over 30% of a management and holding company, Jovian Capital Corp. Edwards is Chairman of the Board of Magellan Aerospace Corporation.

Edwards is married to Heather Bala Edwards and they have one son. He is also the majority holder of Magellan Aerospace, owning ~76% of Common Shares

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