Brian Gibson Quotes

It's disappointing to lose any qualified individual that was interested in this job, and that we were interested in. I have to review this with the commission as to how they would like to move forward with this.

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We are looking at tightening any discussion with regards to any candidates. And we will be holding that closer to our vest.

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I don't come in with the desire to change anything particular or with a special vision to go anywhere different from where we've been. I want to build on the excellence on what's been there. I'm looking forward to building on what we've had.

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Nothing has been decided or taken to the board. Should the board decide to proceed with a sale it will still require shareholder approval.

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I'll take off work (today). No going to work. I won't be able to speak.

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Generally we don't like them as a basic principle. In some cases it is working reasonably well from a shareholder point of view and that has to do with the people involved.

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Keeping CEOs from making dumb decisions has won fans among Canada's biggest money managers. In the majority of cases, you would have been better off as a shareholder if the companies had paid out extra money to you, rather than reinvested it. Most management teams are not good at capital allocation, ... Look at BCE Inc.. Instead of buying all those businesses they then had to write off, it would have been better just to pay out the money.

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The usher will tell me to sit down 30 to 40 times each game, but I can't. I'm motivated.

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Management is basically going home on Friday and coming in to work on Monday in the same job with the same responsibilities. I can't imagine how any self-respecting director would agree to an arrangement like that . . . In Calgary, in particular, it seems like it's just a standard thing to do. When there's a corporate development of any kind, management just put a lot of money in their pockets in the process, regardless of whether they created value or not.

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Quite the opposite of undermining the competitiveness of the economy, trusts actually improve things. Capital ends up getting invested in things that make sense.

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Ron Cranford is trying to make heroes out of people who have done some really evil things. The whole conference needs to be opposed. It's a morbid and sadistic thing they're promoting.

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We take the simple view that, whether they are set up as a trust or a company, it makes sense that they be governed the same way.

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We have not found, at this point in time, a candidate that the commission has all agreed on. And we continue to look.

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