August 28, 2014

Territory closed to LNG

The chiefs of the Gitxsan house of Luutkudziiwus have declared their territory closed to Liquefied Natural Gas (LNG) activity.

This is significant because 32 kilometres of a $5 billion pipeline is scheduled to go through this territory. The 900-kilometre Prince Rupert Gas Transmission pipeline would move fracked gas from Hudson's Hope to the proposed Pacific Northwest LNG terminal on Lelu Island near Prince Rupert where it would be liquefied and then exported by tanker on the Pacific Ocean.

Malaysian-owned Progress Energy Canada Ltd. is planning to build the LNG terminal and selected TransCanada to design, build, own and operate the pipeline.

August 28, 2014

Oakville, Ontario-based Tim Hortons has agreed to a $12.5 billion merger with Miami-based Burger King. The New York-based Brazilian private equity group 3G Capital will own 51-per-cent of the new company. American billionaire Warren Buffett’s Berkshire Hathaway Inc. committed $3 billion of preferred equity financing to the deal.

So is it bad news for Stephen Harper - who once delivered a speech at a Tim Hortons rather than the United Nations - that the iconic Canadian doughnut store chain is now owned by a Brazilian equity firm and an American fast-food restaurant?

It would appear not. In fact, he may celebrate it.

August 27, 2014

Line 67 is a 1,600 kilometre tar sands pipeline that currently carries 450,000 barrels per day pipeline from Hardisty, Alberta to Superior, Wisconsin, which is situated on the western tip of Lake Superior. Calgary-based Enbridge wants to increase this pipeline's capacity to 880,000 barrels per day.

In order to avoid the approval process that has delayed the TransCanada's Keystone XL pipeline, Enbridge has hatched a plan.

This is what they came up with. Line 67 will take the tar sands bitumen from northern Alberta to Gretna, Manitoba, which is located about 2.4 kilometres north of the North Dakota border. There the bitumen would flow into Line 3, which would carry it about 25 kilometres into the United States. At that point, Line 3 would connect back to Line 67 and the bitumen would continue on to its terminus at Lake Superior.

August 27, 2014

While the Canada-European Union 'free trade' agreement may be signed on September 25 (or September 26) at a ceremony in Ottawa, the deal will not be done at that point. It will still need to survive what could be a bruising two year or more ratification process.

August 27, 2014
Health care forum in Charlottetown. Photo by Mike Butler.
Photo: Health care forum in Charlottetown. Photo by Mike Butler.

The front-page of the Guardian reports, "It was a standing-room-only crowd in Charlottetown Tuesday to hear dire warnings about the future of health care in Canada."

About 250 people attended the public forum that featured Council of Canadians chairperson Maude Barlow, CUPE president Paul Moist, and Canadian Health Coalition national coordinator Mike McBane. It was chaired by Council of Canadians Board member Leo Broderick.