03 October 2008

Refinery's Euro-backers bailed in '07, law suit alleges

In statement of claim against Altius in the ongoing legal battles over the second refinery proposed for a site near Come by Chance, BAE Newplan Group claims that three European backers of the NLRC project withdrew in 2007.

BAE Newplan is seeking damages, interest and court costs totaling $20,594,224.65 in a dispute over engineering and environmental work done for the proposed refinery.

Later in the statement of claim, BAE-Newplan further accuses Altius of not disclosing key information, including that three European investors had dropped out of the project last year, and that $30 million raised in a share offering by Altius Minerals in November 2007 would be used to construct integral parts for the NLRC refinery.

An earlier suit brought against the refinery company - NLRC - led the refinery proponents to seek bankruptcy protection. Altius is one of the major shareholders in NLRC.

NLRC claimed that the project was suffering financial problems due to the subprime crisis in the United States. It is unclear whether the European investors bailed in 2007, something that hasn't previously  been reported by Altius or NLRC. The three investors are still listed on the NLRC website as of 03 October 2008.

Altius is a financing proponent on the provincial government's proposed Lower Churchill hydroelectric project.

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02 October 2008

Now will someone start reporting it correctly?

The ABC campaign is a Family Feud.

The Provincial Conservatives are sticking it to their federal brothers and sisters.

That's it.

That's all of it.

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Stephane's response to Danny

A simple, well-crafted letter and the missing attachment.

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Steamroller!

If the latest NTV/Telelink poll on the race in St. John's East holds true,  New Democrat Jack Harris can start house-hunting in Ottawa and his two rivals can count on not getting their deposit back.

Of the 526 people in the riding polled by Telelink, 52.3 percent said they would be voting for Harris.  Liberal Walter Noel polled 8.7 percent and Conservative Craig Westcott polled 8.2 percent.

Craig shouldn't be embarrassed;  to come from nowhere, hold up the name of an underdog's underdog and tie a former provincial cabinet minister is no mean feat.

Now mind you, Craig had some help from Walter who seems to love setting fire to his own bollocks at every opportunity.

But still.

In the right campaign for the right party, Craig would be electable.  he's smart, knows his stuff and can make the case.

Michael Connors finished the NTV broadcast by wondering if Harris and his crew of New Democrats and Provincial Conservatives would now spend the last two weeks in St. John's South-Mount Pearl campaigning against Liberal Siobhan Coady.

She'd better hope not.

Ordinarily, she's got enough of a lead to win against her nearest rival, the NDP's Ryan Cleary.

If Harris piled on for the last two weeks, there might actually wind up being two orange seats in Newfoundland and Labrador.  None of the Connies would sally to the south since they've already taken a shine to Coady.

But Harris and the Dippers?

They wouldn't have the same hesitation.

Not for a second.

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If you aren't depressed, you should be

Richard Raleigh holds nothing back in his assessment of the candidates running in the two St. John's ridings.

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01 October 2008

Lower Churchill delayed a mere six months?

Energy corporation boss Ed Martin told CBC News that the current market turmoil in the United States could delay the Lower Churchill project by up to six months.

The province will need to borrow billions of dollars to finance the project, and Ed Martin, CEO of Newfoundland and Labrador Hydro, said Wednesday the project could be set back by a few months as he waits for the financial market to sort itself out.

It was hoped the megaproject could get the green light as early as 2009, but with the U.S. economy in turmoil Martin said raising the cash on the open market won't be easy.

"Well, we can be flexible and we will be. We are going to be very strategic in terms of when we go in. If that means that we're going to delay going in for six months, we will," he said.

Just six months?  That seems incredibly optimistic given the apparent magnitude of the economic downturn in the United States. 

Earlier on Wednesday, the Liberal opposition in the provincial legislature raised questions about the impact economic uncertainty might have on the project.

The project is currently in the midst of an environmental review and, to date, no firm power purchase agreements have been made public.

A downturn in the American economy would reduce demand for electrical power, a potential export customer for the project. Likewise a global downturn in the economy would lessen the need for a new aluminum smelter which has been suggested as a potential local development in Labrador.   A global recession in the early 1990s helped to scuttle plans to develop the Lower Churchill at that time.

Tightening capital markets were cited as one reason proponents of a oil refinery near Come by Chance, Newfoundland to seek bankruptcy protection.  Bond Papers took a different view.

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Steve and Stock in 2003

From the Wall Street Journal, March 2003, Stephen Harper and Stockwell Day tell Americans their position on Iraq (presumably not stolen from someone else):

Canadians Stand With You

By STEPHEN HARPER and STOCKWELL DAY

Today, the world is at war. A coalition of countries under the leadership of the U.K. and the U.S. is leading a military intervention to disarm Saddam Hussein. Yet Prime Minister Jean Chretien has left Canada outside this multilateral coalition of nations.

This is a serious mistake. For the first time in history, the Canadian government has not stood beside its key British and American allies in their time of need. The Canadian Alliance -- the official opposition in parliament -- supports the American and British position because we share their concerns, their worries about the future if Iraq is left unattended to, and their fundamental vision of civilization and human values. Disarming Iraq is necessary for the long-term security of the world, and for the collective interests of our key historic allies and therefore manifestly in the national interest of Canada. Make no mistake, as our allies work to end the reign of Saddam and the brutality and aggression that are the foundations of his regime, Canada's largest opposition party, the Canadian Alliance will not be neutral. In our hearts and minds, we will be with our allies and friends. And Canadians will be overwhelmingly with us.

But we will not be with the Canadian government.

Modern Canada was forged in large part by war -- not because it was easy but because it was right. In the great wars of the last century -- against authoritarianism, fascism, and communism -- Canada did not merely stand with the Americans, more often than not we led the way. We did so for freedom, for democracy, for civilization itself. These values continue to be embodied in our allies and their leaders, and scorned by the forces of evil, including Saddam Hussein and the perpetrators of the attacks of Sept. 11, 2001. That is why we will stand -- and I believe most Canadians will stand with us -- for these higher values which shaped our past, and which we will need in an uncertain future.

Messrs. Harper and Day are the leader and shadow foreign minister, respectively, of the Canadian Alliance.

This comes from a supposedly conservative website, so presumably they just copied as is.  Short, sweet and too the point.  Harper may have cribbed the text of his speech that same month in the House of Commons, but there can be no mistake about the position that Harper and his party (now doing business as the Conservative Party of Canada) took on the need to invade Iraq.

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It's Coady in front

The NTV/Telelink poll on St. John's South- Mount Pearl didn't turn up many major surprises.

Liberal Siobhan Coady, who is trying the seat for the third time, is in front with 29.1% of "likely" voters.  New Democrat Ryan Cleary is in second place with 19.5% and Conservative Merv Wiseman is at 11.6%.  Green Party candidate Ted Warren and NL First Party candidate Greg Byrne fall into the "other" category in the poll, and split up 1.3% between them.

Undecided is at 38.5%.  Margin of error in the poll of 550 "likely" voters was plus or minus 4.3%.

Coady polled 35% and 33% of the cast votes in both her previous outings.  That means she's pretty much held on to her vote.

The New Democrats likewise seem to be hanging on to their vote with Ryan Cleary.  Peg Norman, the candidate last time, garnered a share of the vote in the low 20s.

Biggest change came for the Conservatives.  Loyola Hearn polled 40% and 45% of the cast votes in 2004 and 2006.

Fully 70% of respondents said the ABC campaign had no influence on their choice of Liberal or Conservative.

Undecided is very large, but in both the previous campaigns voter turnout was less than 60%.

Finally, voters were asked what issue they considered most important. As in Avalon, social programs rated first at 51.1%; the economy was second at 18.4%.

Equalization was the third issue, at 10.4%.  That's a pretty strong indication that the ABC campaign - which has Equalization at its core - isn't moving voters toward the Liberals and New Democrats.  Rather it has merely served to suppress the Conservative vote.

Unlike in Avalon, which had an equally large undecided population, the clear differentiation among the candidates in St. John's South-Mount Pearl and the absence of an incumbent suggests that the election is Coady's to lose.

She's been running a campaign that appears aimed to appeal to disgruntled Conservatives, although, as in past elections, the economic issues which have tended to be at the forefront of her campaign literature aren't the ones at top of mind for most voters.  A shift in her messaging to emphasize issues that are likeliest to move voters to the polls might help to make her unbeatable.  [Hint:  As in the past two federal elections, the Hibernia 8.5%, the Lower Churchill and Equalization are not the biggest thing on voters' minds.]

Cleary's campaign hasn't dropped literature throughout the riding and the absence of a website and advertising specifically for the riding has made it harder for the New Democrats to push their message to voters in the riding.  They've been relying, apparently on the national effort. That would make it very difficult for Cleary and the New Democrats to develop any momentum by appealing to the undecideds.

There's not much Wiseman could do except pray for some sort of October surprise.

Otherwise, St. John's South-Mount Pearl is going pretty much as the popular wisdom would have it.

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Double barreled update - Not one but two e-mails corrected the point about Ryan Cleary not having a website.

He does, and you can find it at ryanclearyndp.ca.  Some will note that Ryan is blogging and find that hysterically funny given his relentless attacks on bloggers, including the claim at one point that he never read blogs.

There are some other points to note.  Cleary has signage which is a campaign standard.  The ones seen by your humble e-scribbler do not have the website addy.  Simple clue:  by putting the addy on the signs, you drive traffic to the website where more detailed information can be found.

Apparently there have been no literature drops in the Cowan Heights/Bowring Park area of the riding. Despite having searched by every means possible, your humble e-scribbler couldn't find the Cleary site.  It seems to have gone live around September 23, judging by the date of the first blog entry. 

Cleary has been knocking doors, however it is hard to hit the entire riding in five to six weeks that way.

Thanks for the corrected information, Dale and Clare Marie. Now that it's confirmed Ryan has a website, we can do the Campaign 2.0 assessment of this election.

If there are any other gaps, keep the corrected information coming.

 

A tight race in Avalon? Dream on, baby

NTV and Telelink released a poll on Tuesday on the race in the federal riding of Avalon.

NTV touted it as showing a tight race, with the Conservative incumbent and Liberal challenger separated by only the margin of error for the poll.

Take a look at the undecided in the poll and you can forget about tight races.

39.9%

Yes, 40 percent of the people surveyed said they were undecided. That's 15 percentage points higher than Fabian Manning got and he's in the lead;  his nearest challenger - Liberal Scott Andrews - racked up something around 21%.

Then look at the satisfaction number for the incumbent, Fabian Manning.  Fifty-one percent said they were satisfied with his performance as member of parliament.

Then recall that Fabian Manning has been on the receiving end of a huge amount of attention as the only incumbent Conservative running in this election. The entire rhetorical weight of the Family Feud sat on his shoulders at one time and even though the Premier has backed off somewhat, there's evidently no love loss between the two.

And everyone knows that.

With all the anything but Conservative messaging out there, anyone who has made a clear choice shouldn't feel the least problem in telling the world that they intend to vote Liberal, New Democrat or even that they won't vote.

The large undecided vote in Avalon is most likely comprised of a large group of Manning voters who are simply uncomfortable with saying publicly what they could reasonably perceive as being an unpopular choice.  In some instances, they might even think that expressing their choice that might invite even more pressure against their guy than he's already felt.

Here's another clue:  when asked about the impact of the ABC campaign on their choice, people who selected a non-Conservative choice (i.e. the Liberals and New Democrats) overwhelmingly indicated (66%) that ABC had no impact on their choice.

That leads your humble e-scribbler to conclude that those Grit and Dipper votes were pretty much shored up any way.

Now it is entirely possible that the 40% undecided contains a huge number of people who just won't vote. That still likely works more in Manning's favour than against him.

As a last point, note that Telelink doesn't probe undecideds to determine any leanings or why they are undecided.  That means any detailed analysis  - including this post - is difficult and any comments are conjecture.

Still, you'd have to believe an awful lot of things to believe that the race in Avalon is actually tight.

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A-B-C = D-E-A-D

Some local media outlets have taken to tacking obligatory mentions of the ABC thingy onto stories related to the election campaign even when there is absolutely no logical reason to do so.

Despite that effort to keep the thing alive, Danny Williams' office confirmed on Tuesday that the whole thing is deader than a doornail.

They offered up the "he's too busy" excuse.

Uh huh.

Like yesterday when his jag was in his parking space but he sent Kathy Dunderdale down to meeting with people worried the government is about to issue even more fish processing licenses in a market already grossly oversupplied with fish plants.

Yes, Danny Williams turned down yet another request to  campaign.  That is to do more than deliver a bad speech badly to an audience that has heard it a dozen times already.

At some point, the local newsrooms will figure out the real story here and start covering it.

They can find a hint as to the reasons the ABC thingy is a total fiction in at least one Bond Papers post.

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30 September 2008

Dion brings in local heavyweight for debate prep

Some people will understand the importance of a seemingly small detail in this ctv.ca story:

According to Liberal insiders, Tim Murphy, Martin's one-time chief of staff, has been playing the role of Harper in the dry runs. Richard Mahoney and Mark Watton, also erstwhile Martin confidants, have played the roles of moderator and NDP Leader Jack Layton respectively.

 

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The return of Marg, Princess Warrior

Harper is doomed!

 

CBC has more, including raw video.

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Separated at birth: the international Connie speechifying version

Stephen Harper's 2003 speech on Iraq was lifted from a speech by Australian Prime Minister John Howard delivered two days before Harper's oration.

In classic Connie fashion, the gaffe has been blamed on a staffer.  In classic Harper fashion -  and in the interests of direct personal accountability - Harper stuck his spokesperson out front to toss a few  lines at the media.

The guy who wrote the speech is a fellow at the Fraser Institute and used to write speeches for Bill Vander Zalm and Kim Campbell.  Vander Zalm was premier of British Columbia.  Campbell was the short-lived prime minister who succeeded Brian Mulroney until the spectacular political disaster in the 1993 general election when her party was reduced to two seats.

What's update, Doc?

Conservative Doc O'Keefe, the St. John's mayor, wasn't trying to avoid politicizing a portion of the meeting at city hall on Monday night as your humble e-scribbler originally thought.

Turns out the loyal Connie and some of his fellow councilors  - also long-time Connies of the federal and provincial variety - were trying to make a political attack on the Liberal Party's Green Shift.

They were doing so by pretending to be concerned about the cost of the Liberals' environmental policy to taxpayers on things like public transit.

Yes, the boys who helped bring you the Coombs-Wells Memorial Money Pit, a.k.a St. John's Sports and Entertainment and the Mile One Stadium,  have developed a sudden, overwhelming concern for the taxpayer's bank balance.

Let's just take a second while you catch your breath and stop laughing.

Someone may have to get Nan a wee medicinal dram.  The shock of finding out Keith Coombs, Art Puddister and Doc O'Keefe don't want to piss her pension cheque down the nearest toilet is likely to give her the vapours.

According to O'Keefe, city staff figure the Green Shift will cost the city an extra $800,000 in 2012.

To put that in perspective, the annual city budget is currently over $175 million.  Over the past two years O'Keefe and his fellows at city hall boosted the subsidy to the Mile One money pit by more than double the extra 800K.

In making his nakedly partisan attack on the Green Shift, O'Keefe ignored the other aspects of the Liberal plan including federal cash for improvements to public infrastructure, public transit and energy efficiency for homes and buildings.

To really put this in perspective, O'Keefe is one of the crew that agitated for the government gasoline price fixing scheme currently screwing citizens of the province.

His sudden concern for taxpayers is a bit of a stretch.

Councilor Tom Hann - bless his heart - pointed that out to O'Keefe.  The former provincial Liberal candidate went a little gaga by dragging in the Connie Family feud but on the Green Shift part, Hann was spot on.

"I don't think we need to get into the political posturizing [sic]. I'm trying to keep this non-political," O'Keefe said.

Pull the other one, it's got bells on, Doc.

The surest way to cut down greenhouse gases in this city would be to find a way to silence the likes of Coombs, O'Keefe, Puddister and some of the others at city hall. 

Sadly, that isn't likely to happen any time soon, let alone soon enough.

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Surreality Check, SJSMP version

Courtesy of CBC's St. John's Morning Show:

1.  Revanchism Redux.  NL First candidate Greg Byrne - who has been known to back a certain revanchist provincial first minister sans doubt - expresses amazement to a CBC reporter that people follow a certain other first minister unquestioningly.

Bryne apparently has never looked in a mirror.

Byrne is pushing many completely foolish ideas about Equalization and Confederation as part of his campaign.

2.  Meanwhile at Tammany on Gower.... Tom Hann, a St. John's city councilor who was once a federal Liberal riding president in St. John's South-Mount Pearl used a moment at St. John's city council to campaign for the Family Feud.

That's the Conservative family feud, for those who missed it.

Conservative mayor Doc O'Keefe attempted to cut Hann off with an admonition that council was trying to avoid the current federal campaign.  Something about trying not to bring politics into things, something clearly not motivating Conservative O'Keefe whatsoever in his comments.

Hann denied he was campaigning.

Then Hann stated his support for the campaign.

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A new meaning to the term "bitch slap"

Wente on Mallick.

Nicely put on both the CBC and Mallick.

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29 September 2008

Two degrees of separation, Mulroney space cadet version

One degree.

Two degrees.

It's a small world.

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Down at The Mouth

CBC brass pulled Heather Mallick's September 5 opinion piece from The Mother Corp's website in the wake of a hail of criticism from many callers and e-mailer as well as coverage by such bastions of insightful, reasoned and factual commentary as FoxNews and Rush Limbaugh.

In his statement, CBC publisher John Cruikshank called the piece "intensely partisan."

Intense, maybe.

Partisan? 

Debatable.

Sucked?

Much better description that covers everything from its gratuitous smears to its overall poor structure.  Acceptable in some quarters of the blog world.  Not really Cebb fare.

You can still read it, though, at Mallick's website.  Parts of the piece are interesting counterpoint to Mallick's tonguelashing of some of her fellow female columnists' treatment of Julie Couillard's chestal assets.

The Palin column should never have made it to the corporation's Internet space in the first place.  That's a comment on its content and style; not anything on it's qualities, such as the claim by CBC that it is classic political invective - it wouldn't even make the short list on a CBC Great Political Invective series in which second and third rate invective is voted on by ordinary Canadians with nothing better to do with their time than (a) watch the show and (b) make phone calls to support their chosen turd.

Your humble e-scribbler would commend Adam Radwanski's post on it for those interested in the little controversy.

Incidentally, Mallick also writes for the Guardian.  Her September 5 piece for that organ contains a few comments that deserve fact-checking - but on the whole it a more reasoned and insightful critique of Palin.

I never claimed a higher moral standing for coming from a great big empty on the map. Small towns are places that smart people escape from, for privacy, for variety, for intellect, for survival. Palin should have stayed home.

Canada has lots of hockey moms. They're called Fran and Nancy. They have cruel haircuts and their voices shake the rafters of the rink as their rink-rats play. How can I translate the hearty, jollying-along Palin for British audiences? She's a working class Joan Hunter Dunn. It's those volleyball shoulders and field-hockey thighs, the energy, the bullying, and the utter self-confidence in every lie she tells.

Salt-of-the-earthers don't lie! But Palins do. I watched Palin last night, my mouth open, my eyeballs drying out, my hand making shaky notes. I read them aghast.

Did she really joke, "You know the difference between a hockey mom and a pitbull? Lipstick."?

Yes, she did, Heather, and in the piggy lipstick kerfuffle south of the border, Americans seemed to miss that rather nasty slur at a female sub-group of which Palin obviously isn't a member. Being a hockey mom isn't a common enough thing among Americans for them to have noticed the Palin slur.  In Canada, she'd have been dragged behind the Zamboni for a few laps, then tied to the uprights so people could take turns pitching empty Timmies cups and stale Timbits at her from centre ice.

None of that matters.

What matters right now is that the mood at the arrogantly-styled Canadian Broadcasting Centre must be dark.

Bill O'Reilly took offense and the Ceeb caved.

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Why the rush?

There are signs the Matshishkapeu Accord might run into some trouble in the Innu communities in Labrador.

Not surprising, at all, is that.

Expect some heavy concern among non-aboriginal people in Labrador as well, especially when it gets closer to defining Labrador Innu Land.  Any non-Innu people currently holding title to land in the area will have to be properly compensated or have their title recognized.

The land claim is a long way from settled.  The Lower Churchill deal is a long way from sanctioned if it is sanctioned at all.  These things are complex and they take time to work through all the details.

So one does have to wonder what all the rush was about last week.  By the Premier's own account the deal was cut in a week of intense negotiations that finished in an all-nighter Thursday.  The thing was settled before seven in the morning Friday and the newser was held before anyone had time to do much more than grab a quick show and head to the media gathering.

On something this important, it seems like a rather high pressure tactic to use, one where people are bound to make mistakes in the heat of the moment and under the undue duress of the style.

It's not like really bad deals haven't come out of just such an approach before.

Anyone else remember the mess that came out of just such a high-pressure situation in early June 1990?

Anyone else wonder what Danny Williams would have said if the oil companies tried the same thing on him?

This thing is far from settled.

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Pull the other one, Bradley ...

Bradley George of the Canadian Federation of Independent Business says his members want to see taxes lowered to help them deal with labour shortages.

Okay, well, his members always want to see their taxes lowered

The reason isn't important;  lower taxes is a CFIB stock position. Pick an idea.  The CFIB position starts with lowering business taxes.

Not enough money coming coming in from business taxes? Lower business taxes says CFIB.  That kinda thing.

But look, it's hard to take that sort of thing seriously when half of George's members think Hebron is going to happen tomorrow.

Sheesh, next thing, they'll be asking for lower taxes to help them cope with Sasquatch.

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