Teck sells Waneta interests to Fortis for $1.2 billion
Fortis Inc. ("Fortis"), (TSX/NYSE:FTS) and Teck Resources Limited (“Teck”), (TSX: TECK.A and TECK.B, NYSE: TECK) today announced an agreement under which Fortis will purchase Teck’s two-thirds interest in the Waneta Dam and related transmission assets in British Columbia, Canada, for $1.2 billion cash. Under the agreement, ...
COLUMN: Work less, live better, do better
In 1926, U.S. automaker Henry Ford reduced his employees’ workweek from six eight-hour days to five, with no pay cuts. It’s something workers and labour unions had been calling for, and it followed previous reductions in work schedules that had been as high as 84 to 100 hours over seven days a week. Ford wasn’t responding to...
A Dam Big Problem: unauthorized dams built for Petronas
By Ben Parfitt. This article is from DeSmog Canada. A subsidiary of Petronas, the Malaysian state-owned petro giant courted by the B.C. government, has built at least 16 unauthorized dams in northern B.C. to trap hundreds of millions of gallons of water used in its controversial fracking operations. The 16 dams are among ...
Practical realities of carbon taxes and cap-and-trade systems across Canada undermine potential benefits
Governments across Canada fail to properly implement carbon-pricing schemes, which could, in theory, both reduce greenhouse gas emissions and improve the economy, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian policy think-tank.
Humanity and Progress
Humans. Love us. Hate us. Wonderful. Horrid. In this column, I am not trying to change anyone’s mind, in contrast to my two-part column of April wherein I was attacking capitalism and hoping to make converts to my opinion. Capitalism is still much on my mind, but I am not going to continue to analyse its effects, merely observe...
Letter to the Editor: Mayor Moore Answers Citizen Nightingale
Dear Rosslanders: It is important to the City and to Council that we have accurate information out to the public. We certainly appreciate citizens coming forward with their concerns and we are happy to provide information and clarification on the points that have been raised. Residents are always welcome to contact our Chief...
Mineral Mountain Ziplines Breaks Ground at Fairmont Hot Springs Resort
After nearly a year of planning, Todd and Jay Manton with their ziplining company and the team at Fairmont Hot Springs Resort are excited to announce breaking ground on their newest ziplining operation — Mineral Mountain Ziplines. “After the overwhelming response to our first zipline in Nelson, Jay and I were looking for an...
The incredible shrinking role of government in BC
During an election, pundits and political parties tend to focus on spending promises. But the attention on spending makes it easy to forget that we’ve actually witnessed an incredible shrinking of government’s role in BC over the past 15 years.
Unlike the strange mist that shrinks Scott Carey in the 1957 sci-fi classic, The Incredible Shrinking Man, the cause of BC’s shrinking public sector is not so mysterious.
Fracking and all of us: recent news
To further our understanding of what's accelerating climate change, here's a brand-new report from the David Suzuki Foundation about leaking of methane from fracking and other fossil fuel extraction being much greater than reported by industry and government, and how it has been measured, and why it's scary: Methane emissions...
Taxes too low? Developmental check-ups for kids; discouraging the use of biocides; and more.
UPDATED with corrections to the FAN presentation -- with thanks to FAN for the clarifying information. See below. Rossland City Council meeting, April 24, 2017: Mayor Kathy Moore and Councillors Lloyd McLellan, John Greene, Andrew Zwicker, Andy Morel, and Marten Kruysse all attended; only Aaron Cosbey was absent. Public Input...