B.C. judge rules Site C dam protesters can be removed

VANCOUVER -- A judge has granted BC Hydro an injunction to remove people protesting the Site C dam project at a tent camp near Fort St.

See Full Article

John.

The ruling means demonstrators have no right to obstruct the hydroelectric project, which has regulatory approval from both the federal and provincial governments.

The utility argued last week that the actions of a group of Peace Valley farmers and First Nations were illegal and could cost millions of dollars.

BC Hydro lawyers told court the protesters set up camp in late December and have prevented workers from clearing the area for construction, even building camp fires near tree-felling and excavation operations.

Yvonne Tupper of the Saulteau First Nations said outside court that BC Hydro is violating Treaty 8 Tribal Association's rights and that the project should be put on hold while legal challenges make their way through the courts.

The $8.8-billion dam will flood agricultural land and First Nations archeological sites, as well as hunting and fishing areas.



Advertisements

Latest Economic News

  • Florida-based company makes US$807-million takeover offer for Tembec

    Economic CTV News
    MONTREAL -- Tembec Inc. has received a friendly takeover offer from Rayonier Advanced Materials Inc. of Jacksonville, Fla. Rayonier's offer values the Quebec-based lumber, paper and pulp producer at US$807 million, including US$487 million of debt that will be assumed by the new owner. Source
  • OPEC and other nations set to extend output cuts

    Economic CTV News
    VIENNA -- OPEC and other oil nations meeting Thursday were set to extend their production cuts in an effort to shore up prices. But the intended impact could be short-lived. That's due to U.S. Source
  • Tentative contract agreement in place for Quebec provincial police

    Economic CTV News
    SAINT JULIE, Que. -- A tentative contract agreement has been reached between the Quebec government and the association representing about 5,400 provincial police officers. The members of the Provincial Police Association have been without a contract since March 31, 2015. Source
  • Sears posts first-quarter profit on $244M net income

    Economic CTV News
    HOFFMAN ESTATES, Ill. (AP) -- Sears Holdings Corp. (SHLD) on Thursday reported fiscal first-quarter net income of $244 million, after reporting a loss in the same period a year earlier. The Hoffman Estates, Illinois-based company said it had net income of $2.28 per share. Source
  • TD Bank's Q2 net income grows 22 per cent to $2.5B

    Economic CTV News
    TORONTO - TD Bank (TSX:TD) had $2.5 billion of net income during the second quarter, up 22 per cent from a year ago. The earnings amounted to $1.31 per share. That compared with $1.07 per share or $2.05 billion of net income during the same period last year. Source
  • RBC boosts Q2 net income by nine per cent to $2.81B

    Economic CTV News
    TORONTO -- Royal Bank of Canada (TSX:RY) has boosted its second-quarter net income by nine per cent to $2.81 billion. That compares with $2.57 billion during the second quarter of 2016. The profit amounted to $1.85 per share, compared with $1.66 per share during the same period last year. Source
  • CIBC grows Q2 net to $1.05B, reports $3.7B of revenue

    Economic CTV News
    TORONTO - CIBC (TSX:CM) had $1.05 billion of net income in its second quarter, up 11 per cent from a year ago when it reported $941 million of net income. The earnings amounted to $2.59 per share, compared with $2.35 during the second quarter of 2016. Source
  • Famed dropout Zuckerberg to give Harvard graduation speech

    Economic CTV News
    NEW YORK -- Mark Zuckerberg is giving a commencement address at Harvard, where he dropped out 12 years ago to focus on Facebook. Zuckerberg, 33, follows another famous Harvard dropout, Bill Gates, who spoke before its graduates a decade ago. Source
  • OPEC and non-OPEC nations poised to extend output cuts

    Economic CBC News
    OPEC and other oil nations meeting Thursday appeared set to extend their production cuts in an effort to shore up prices. But the intended impact could be short-lived. That's due to U.S. shale producers. With crude prices above $50 US a barrel from lows of last year, they are increasingly moving back into the market. Source
  • Trump's 1st budget could worsen distortions as economy cools and assets soar: Don Pittis

    Economic CBC News
    It's a strange economic mystery. Despite interest rates bouncing along at their lowest levels in history, consumer price inflation remains persistently weak. Yet at the same time, asset inflation, including the price of houses and stocks, continues to shoot into the stratosphere. Source