Natural Resources
A U.S. company is buying one of Canada’s largest mining outfits. Colorado-based Newmont Mining Corp. will merge with Vancouver-based Goldcorp in a deal valued at about US$10 billion. Newmont shareholders will retain 65 percent of the company, with Goldcorp shareholders taking the other 35. The move comes on the heels...
In April 2013, a group of Guatemalan farmers, among them Adolfo Agustin Garcia, converged outside the front entrance of Vancouver-based Tahoe Resources’ Escobal mine. Located in southeast Guatemala near the community of San Rafael Las Flores and operated by Tahoe...
The Geen family has farmed in the Okanagan Valley for more than 120 years, growing tree fruits like apples and cherries, with a foray into ginseng in the 1990s. Now, fourth-generation farmer Marc Geen is cultivating cannabis. After the federal government announced the Marihuana for Medical Purposes Regulations (MMPR) in...
It’s a hot August day, and BC Green Party Leader Andrew Weaver is dripping. We’ve been walking all afternoon in the Vancouver Pride Parade, and his rumpled rainbow shirt is sweat-stained and sticking to his back. Even his battered cowboy...
“The test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to function,” novelist F. Scott Fitzgerald wrote. Prime Minister Justin Trudeau took a stab at that during...
The recent announcement of the $40-billion liquefied natural gas project in B.C. has generated praise from the business sector, the provincial and federal governments, and those who have expressed worry over the province’s investment climate. Concerns from the environmental sector have been heard as well. Unfortunately, much of the technology in...
B.C. has been waiting decades for a recent announcement: that consortium LNG Canada and the Coastal GasLink pipeline have been given the green light to bring natural gas from the Northeast to Kitimat. For the province, it’s the beginning of...
Before October, there hadn’t been much in the way of positivity for Prime Minister Justin Trudeau. Whether it was his disastrous India trip, the purchase of the Kinder Morgan pipeline or a ruling by the Federal Court of Appeal that the federal government had failed to adequately consider Indigenous concerns...
B.C. farmland can be a sound investment—especially if you’re a speculator looking for tax breaks
In a surprising turn, the Federal Court of Appeal has discarded the federal government’s approval to build the Trans Mountain pipeline expansion. It’s a major victory for Indigenous groups and environmentalists opposed to the $7.4-billion project. And it’s a huge setback for the feds after their purchase of the existing pipeline and...