Canadian Coal Consolidated Limited - 1910 dated Canada Stock Certificate
Inv# MS1982 Stock
Stock. A Paris-based firm. Coal reserves in Canada rank 13th largest in the world (following the former Soviet Union, the United States, the People's Republic of China and Australia) at approximately 10 billion tons, 0.6% of the world total. This represents more energy than all of the oil and gas in the country combined. The coal industry generates CDN$5 billion annually. Most of Canada's coal mining occurs in the West of the country. British Columbia operates 9 coal mines, Alberta nine, Saskatchewan three and New Brunswick one. Nova Scotia operates several small-scale mines, Westray having closed following the 1992 disaster there.
In 2005, Canada produced 67.3 million tons of coal and its consumption was 60 million tons. Of this 56 million tons were used for electricity generation. The remaining four million tons was used in the steel, concrete and other industries. The largest consumers of coal in Canada were Alberta and Ontario. In 1997, Alberta accounted for 47% of Canada's coal consumption at 26.2 million tons, and Ontario accounted for 25% at 13.8 million tons. Saskatchewan, Manitoba, Nova Scotia and New Brunswick also use coal to generate electricity to varying degrees. Read more at https://en.wikipedia.org/wiki/Coal_in_Canada
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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