Tag Archives: Vancouver Sun

Taseko Mines: B.C. Securities Commission Reviewing Unusual Trading Activity


Conservative government brushed off allegations that there may have
been a leak from the federal government on the pending denial of a
Taseko Mines Ltd. project, prompting unusual share trading activity
during a mid-October session.

John Baird, the government House
leader, said his Liberal opponents — who alleged in the House of
Commons that “Conservative insiders” leaked information that may have
benefited certain shareholders — are engaging in “pure speculation.”

trading in Taseko occurred in mid-October. On Nov. 2, the federal
Minister of Environment said Taseko’s Prosperity mine project could not
be granted authorizations to proceed.

Baird said before the
federal decision, there was a “publicly available” environmental
assessment on the Prosperity project that recommended Ottawa reject its
development “because it would cause irreparable harm” to the

The proposed Taseko operation — dubbed the
Prosperity Mine — was planned for a wilderness area about 120
kilometres southwest of Prince George in B.C.’s northern interior.
Promoters touted it as one of the world’s largest gold and copper

Baird declined to answer Liberal questions about whether
the government was conducting its own internal investigation into the
possibility of a leak, and if the RCMP had been called in to assist in
the probe.

Initial media reports indicated that the unusual trading activity coincided with a cabinet meeting held on Oct. 14.

Read full Vancouver Sun story here


Federal MPs cancel oilsands pollution probe, destroy report


Article by Mike De Souza in the Vancouver Sun.

“The government is in the process of categorizing industry-produced substances that could either be toxic or harmful, but has excluded naphthenic acid from the list, and left it off another list of substances that companies are required to track and report.

“The exclusion is ‘alarming,’ according to a letter sent Tuesday to Environment Minister Jim Prentice and Health Minister Leona Aglukkaq, since the federal and Alberta governments have already identified it as a primary source of pollution in liquid waste dumped into ponds after companies extract oil from the region.”

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An HST quiz for those who follow broken promises like a real whiz


Article by Vaughn Palmer in the Vancouver Sun.

“4. Campbell then ordered finance ministry officials to ‘go out and find
out how we’re going to meet the budget target.’ Next day they:

a) Cancelled plans to add a $600-million roof to BC Place.

b) Sought to borrow another $1 billion at the very attractive interest rates available to government.

c) Fired off a fast e-mail to Ottawa, asking what was the standing offer for transition funding on the HST.”

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