January 26, 2006

Resource industries likely to gain from Tory victory

The Wednesday, January 25, 2006 online edition of the Vancouver Sun carried an article addressing the newly elected Canadian government's stance on resource-based industry. Note that the article is rather speculative and quite short on specifics. The impact, if any, on development of extractive industry in the Canadian section of the North Fork drainage is not clear . . .

The new Conservative government's strong rural base in Western Canada is good news for British Columbia's resource industry, B.C. Business Council executive vice-president Jock Finlayson said Tuesday.

"A lot of the Members of Parliament, particularly from Western Canada, who will sit as Conservatives are from constituencies where resource industries are the big driver of economic activity," Finlayson said.

"I think they are going to be quite sensitive to how federal policy affects the competitive position of resource industries."

Read the entire article . . .

Posted by nfpa at January 26, 2006 08:36 AM