Liberals' inaction hurting Catalyst mills

[Logitack]

so much for the liberal jobs plan....

The head of Catalyst Paper believes the provincial government could have done more to help the company stay afloat.

Catalyst CEO Kevin Clarke has suggested that lack of government help for his struggling company may have contributed to the defeat of a restructuring plan last week.

Clarke raised the point in a letter to Premier Christy Clark in advance of a meeting today between Catalyst and provincial officials.

The future of the company and its three coastal pulp and paper mills is up in the air after the narrow vote against the plan.

Clarke's letter, obtained by the Times Colonist, said: "Premier, absent a public statement of confidence in the company from B.C. government leaders, and action to back it up, some investors may have taken this as a cue to vote down the plan."

Clarke said that despite many letters and meetings, his request that the government help "set right the fundamentals" went unheeded. "The lack of substantive and public action by the B.C. government on the items identified for its attention was disappointing," he wrote.

Clarke singled out Jobs, Tourism and Investment Minister Pat Bell, saying his public assertions that he and the government were working with the company "simply were not true."

[ole smelly]

Tell me I bought at .23 then they were delisted at .015. That is RRSP money to boot.

[LoneWolf_53]

So which is it the left wants, government involved with corporations or not?

In one thread people complain about government catering to big business, then in the next they are criticized for not helping?

Is this the latest NDP platform, to have things both ways?

Does the NDP faithful believe that raising their corporate taxes will help to keep this company afloat?

I seem to detect mixed messages.

[logicalview]

So which is it the left wants, government involved with corporations or not?

In one thread people complain about government catering to big business, then in the next they are criticized for not helping?

Is this the latest NDP platform, to have things both ways?

Does the NDP faithful believe that raising their corporate taxes will help to keep this company afloat?

I seem to detect mixed messages.

You are right. The NDP definitely know what is best for business all right. That's why they wasted millions and millions of dollars keeping Skeena Cellulose alive in the 1990's. But it's ok to support "big business" when you are the NDP. I guess the NDP are just hoping everyone forgets just how horrific they truly were as a government, and how horrific they are going to be again.

[Gone_Fishin]

Ahh, Kevin Clarke, the Catalyst CEO who just got fired after bringing Comrade Dix to the TSX is looking for corporate welfare. What a scam! Skeena Cellulose II, starring Adrian Dix and another $330 million in taxpayer bailouts.

viewtopic.php?f=85&t=50357

[ole smelly]

The waste of $ 1 billion of sci in the late 90's was devasting to NW bc it still has not recovered. Carnaby and sci in terrace were state of the art sawmills which went *bleep* up . The original cost of building them probably approached $90 million. The fallout after ward's was staggering massive bankruptcies, Hazelton being a leader in sucicide rates etc. The bleeding continued when eurocan pulp in kitamat shut down a few years back. Someone is trying to revive the old skeena sawmills but they are NOT sawmill people..This area needs a massive influx of capital and solid people to run the operation.Currently the northwest transmission line is being constructed by Vallard north to bob Quinn lake it is a huge s**t show , massive confusion housing workers in huge pig stys with carcinogen concerns aboud from the disgusting individuals who are staying at these dumps.
These are gross and disgusting camps.

Vallard could not organize an air biscuit blowing contest . They have no regards to safety.

[logicalview]

The waste of $ 1 billion of sci in the late 90's was devasting to NW bc it still has not recovered. Carnaby and sci in terrace were state of the art sawmills which went *bleep* up . The original cost of building them probably approached $90 million. The fallout after ward's was staggering massive bankruptcies, Hazelton being a leader in sucicide rates etc. .

But, wasn't it the NDP who were in power in the 1990's? How could any sawmill go under during an NDP government? That makes no sense??? The NDP always studies everything and does everything perfectly. The 1990's were a golden decade of prosperity under NDP fiscal management. At least that's what we're being told. Could it be that that isn't quite true? Hmmm....

[ole smelly]

They allowed the repap people to come in and take over everything in NW BC they brought in fired exs like Russ Jenkins to organize the lumber exports a totally useless individual who originally got canned due.to negligence. Repap thought they could chip everything and ride pulps upward rise. These silly clowns would even put large or grossly tapered logs thru a rosserhead grinder in order to it thru a whole log chopper. Yes we are talking people about chipping and grinding clear wood.

No one in the northwest understood the need to utilize a facility to process oversize clear wood, or develop a value added facility. Repap's mantra wad chip chip chip in a pulp mill which was very old and needed massive upgrades for production and the environment. Place was full pf deadwood, as one supervisor put it his biggest challenge was keeping the crew awake.