Tuesday, 21 August, 2018

Province spending $1.2M on ad campaign in support of pipeline

Province spending $1.2M on ad campaign in support of pipeline Province spending $1.2M on ad campaign in support of pipeline
Russell Knight | 11 May, 2018, 09:42

Former U.S. vice-president Al Gore says the Trans Mountain pipeline expansion is destructive and should be stopped.

Premier Rachel Notley unveiled the details of a $1.2-million campaign to garner support for the Trans Mountain pipeline expansion ahead of a looming deadline Kinder Morgan Inc. handed down to restore shareholder confidence.

"We are winning hearts and minds in B.C.", she said. She will speak about the government's efforts to get a pipeline built to tidewater, said a chamber news release. "Now is not the time to take the foot off the pedal".

Alberta will be seeking full status in the reference case B.C.

Notley has previously warned that B.C.'s delay tactics could bring consequences. The impact of the proposed new rules would be to suspend or halt the pipeline.

Along with the billboards, Notley will be writing an op-ed in BC media, in response to critical comments made by Vancouver Mayor Gregor Robertson.

Magnitude 4.5 Earthquake Hits Southern California
Quakes of that size generally don't cause any serious damage and there were no immediate reports of any problems related to it. A light natural disaster was felt widely in Southern California before dawn Tuesday but there were no reports of damage.

Tech and energy companies help lift United States stocks in early trade
The S&P 500 was up 18.01 points, or 0.67 percent, at 2,715.80 and breached its 100-day moving average, a key technical level. Shares of Exxon (XOM.N) rose 1.1 percent in premarket trading, while Chevron (CVX.N) was up 0.7 percent.

Influential Analyst Rating Changes: Arconic Inc. (ARNC), Cedar Realty Trust, Inc. (CDR)
Stifel Nicolaus Decreased Lexington Realty (NYSE:LXP)'s Stock Rating to Sell. . (NYSE:FR) has "Hold" rating given by Jefferies. Also Investorplace.com published the news titled: "9 Highest-Yielding Dividend Aristocrats to Buy Today" on April 27, 2018.

"If British Columbia attains the right to throttle our resources, every other province will be given the same right", she said.

Phillips also announced an $88-million program funded by the provincial and federal governments to promote industrial efficiency. She said the government would "defend our clear jurisdiction over interprovincial pipelines". Kinder Morgan has indicated the Trans Mountain expansion won't be operational until December 2020 at the earliest. "The Federal Court of Appeal refused to do so - and they did so without providing any reasons". Documents uncovered by National Observer have led to a motion filed by lawyers for the Tsleil-Waututh Nation in that case, arguing that the government has been sitting on evidence.

She was also asked whether her party would consider splitting from the federal NDP, given the difference in opinion on the project.

The Alberta oilsands represent the third largest reserve of crude oil in the world after Saudi Arabia and Venezuela, but oil producers in the region have struggled to compete in worldwide markets. Opposition United Conservative house leader Jason Nixon said his caucus is fighting to keep the bill on the floor to get it passed sooner. It is putting the national climate plan at risk. Notley asked why she is confident that construction will happen on time.

Alberta Premier Rachel notley on Parliament Hill on April 15, 2018. "So we must deploy this tool with a cool hand, not an angry one". "What's top of mind is doing my job for Albertans, standing up for the province, getting this pipeline built".

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