Page "Petro-Canada" Paragraph 11

In his 2004 federal budget, Finance Minister Ralph Goodale pledged to sell the government's remaining stake in the company and by the end of the year it had sold its 19 % stake, 49 million shares in all, for net proceeds of $ 3. 2 billion.

As of June 2007, the company's largest shareholders were Capital Research and Management Company ( a Capital Group company ), with 7. 3 %, and Barclays, with 4 %.