B.C. forest industry facing uncertain future as mills close across province

H

Hoid

Hall of Fame Member
Oct 15, 2017
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petros said:
Are you stubborn or just stupid?

If there were more pipelines..



Canada’s Railway Strike To Cause Billions In Damage, Create Fuel Shortages
By Tsvetana Paraskova - Nov 22, 2019, 9:30 AM CST
Crude Railway
Crude-by-rail shipments from Canada’s oil-rich province Alberta have nearly halted, while other provinces face critical shortages of propane, as the strike at Canadian National Railway drags on for a fourth day on Friday, threatening to dent Canada’s economy by billions of dollars.

More than 3,000 railway conductors, train persons, and yard workers at the largest Canadian railway went on strike at midnight on Tuesday, demanding longer rests and medicine benefits.

CN said on Thursday that negotiations continue with the help of the federally appointed mediators. The company regrets “the impact that the strike is having on our customers, supply chain partners, the Canadian economy, trade in general, and the public,” President and CEO JJ Ruest said.

The strike at the railway operator comes at a challenging time for the Canadian oil industry, which has suffered from lack of sufficient pipeline capacity to carry oil to refining centers.

The price of Canada’s heavy oil benchmark, Western Canadian Select (WCS), slid on Wednesday, a day after the strike began, to the lowest in a week, as crude by rail shipments were almost halted because CN prioritizes grain shipments.

The strike has nearly halted crude oil shipments at some terminals in Alberta. Ernie Barsamian, CEO at terminal storage clearinghouse The Tank Tiger, told Bloomberg that the firm had been asked whether it could store some 30 rail tank cars in the U.S. Pacific Northwest for a month after the strike prevented the crude from being delivered to its destination terminal.

The strike is also heavily hitting propane supply in Quebec. The province will run out of propane within four days, Premier François Legault told reporters on Thursday. The situation is an emergency, Legault said, adding that a rationing scheme was already in place and will prioritize hospitals.

According to Toronto-Dominion Bank, the strike could cost Canada’s economy US$1.66 billion (C$2.2 billion) if it lasts until November 30, and US$2.33 billion (C$3.1 billion) if it extends to December 5.
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Trudeau Notches a Big Win With Negotiated End to CN Rail Strike

https://www.bloomberg.com/news/arti...big-win-with-negotiated-end-to-cn-rail-strike
 
taxslave

taxslave

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Typical trudOWE. Do ****all and then claim credit for not helping despite the untold billions of dollars damage to the economy.
 
Mowich

Mowich

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taxslave said:
That wouldn't be back to the wet coast. Most of them are not from here but came from Quebec and Ontariowe because BC is world renowned for giving our hard earned money to the worthless. Never could figure out why we can't just give them a oneway via rail trip back to ontariowe.
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Thank you for the correction, ts and I do agree with us being renowned for spending taxpayers money on useless twits.
 
H

Hoid

Hall of Fame Member
Oct 15, 2017
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Nothing?

You said you couldn't think of a single reason Ford should negotiate.
 
H

Hoid

Hall of Fame Member
Oct 15, 2017
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Trudeau decides to let them handle it the way its supposed to be handled and they negotiate a settlement.

What could have been a better result.

It had absolutely no effect on my gas prices. Nobody even knows what makes them go up and down.
 
MHz

MHz

Time Out
Mar 16, 2007
41,030
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captain morgan said:
That was the best when Ralph came up with that brilliant idea, and it wasn't just welfare recipients, it included all kinds of undesirables.


In one fell stroke, the crime rate dropped over night
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That would be the out of work easterners who could make not make a living at home in the two most prosperous Provinces in Canada. They also probably bused out x-cons and the worst homeless as part of a covert war against the west to keep them as off balanced as possible. (based on the Ukraine in the last few years and the 'prisoner swaps' )
 
captain morgan

captain morgan

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A Mouse Once Bit My Sister
I recently heard that the EIA is projecting that the global demand (and use) will be heavily on the rise over the next few years... Billions of bbls annually.

Makes you wonder how may of the ecotards will be relying on 1/2 tons to go visit the wind farms and do maintenance on the solar panels out near Pincher Creek
 
H

Hoid

Hall of Fame Member
Oct 15, 2017
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oh it was tight supply that creates prices spikes.

except that was looked at and ruled out.

there is no reason. That was the finding
 
petros

petros

The Central Scrutinizer
Nov 21, 2008
109,409
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Hoid said:
oh it was tight supply that creates prices spikes.
except that was looked at and ruled out.
there is no reason. That was the finding
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Really? Why did gas in SK go up because of the rail strike but its a mystery why in BC?
 
taxslave

taxslave

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Nov 25, 2008
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Hoid said:
oh it was tight supply that creates prices spikes.
except that was looked at and ruled out.
there is no reason. That was the finding
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Finding by who? The BC government that refused to let their kangaroo court look at the tax implications and the barriers to refinery construction on high gas prices.
 
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