first_imgYoung people from across Nova Scotia visited Province House in Halifax, today, Oct. 7, to celebrate Cadet Day. The Sea, Army, Air and Navy League Cadets Day Act recognizes the first Saturday in October as Cadet Day in Nova Scotia, held to honour the cadets, volunteers and supporters of the cadet program. Ben Jessome, MLA for Hammonds Plains-Lucasville, on behalf of Premier Stephen McNeil, Minister responsible for Military Relations and Minister responsible for Youth, joined cadets and other guests at a flag raising to mark the occasion. Nova Scotia has 86 cadet units with nearly 3,500 cadets representing air, sea and army units. “The cadet program is a tremendous way for young people to engage in a variety of fun, challenging and rewarding activities,” said Mr. Jessome, the ministerial assistant for Youth. “It teaches invaluable life and work skills and cadets become responsible and active members of their communities.” High school students who take part in cadets can also earn a credit on their transcript. “Each year in Nova Scotia we see cadets making an impact in their communities. From cenotaph vigils on Remembrance Day to community service projects they take on, we see cadets giving back.” said Lt.-Cmdr. Marie Bourinot, Officer in Charge, Nova Scotia Area at the Regional Cadet Support Unit (Atlantic). “Today I’m honoured and proud to help the province recognize these youth by celebrating the eighth annual Cadet Day in Nova Scotia. For more information on sea, army and air cadets, go to www.cadets.ca . For more information on navy cadets, go to www.navyleague.ca .last_img read more

CALGARY — Canadian Oil Sands Ltd. has reported lower second-quarter profits and once again trimmed its 2012 production outlook.The largest owner of the Syncrude Canada Ltd. oilsands mine said net income was $101-million, or 21 cents per share, compared to $346-million, or 71 cents per share, during the same period a year ago.Revenues were $866-million, down from $994-million during the second quarter of 2011.Analysts polled by Thomson Reuters were on average expecting Canadian Oil Sands Ltd. to earn 32 cents per share and book revenues of $729-million.[np-related]The Calgary-based company expects annual Syncrude production to range between 106 million and 112 million barrels.It’s the second time Canadian Oil Sands trimmed the upper target of its production range. In February it said it expected an upper end of 117 million and in April it lowered it to 114 million.CEO Marcel Coutu said the results were in line with expectations, reflecting periods of planned maintenance downtime at the Syncrude mine north of Fort McMurray, Alta.“With these main upgrading units now back in operation and no major maintenance planned for the remainder of the year, we expect robust production over the balance of 2012,” he said.Canadian Oil Sands owns a 37% stake in Syncrude, the biggest project of its kind in the world.Syncrude’s other owners include Imperial Oil Ltd., Nexen Inc., Suncor Energy Inc., China’s Sinopec, Mocal Energy Ltd. and Murphy Oil Co. Ltd.In April, Canadian Oil Sands increased its quarterly dividend to 35 cents from 30 cents. On Friday it said its next payout would remain steady at 35 cents.Shares in Canadian Oil Sands, which reported its results after markets closed, rose 14 cents to close at $21. read more