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Industry Ministers official statement on potash

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Industry Ministers official statement on potash sale


Political | 206740 hits | Nov 03 3:39 pm | Posted by: Curtman
12 Comment

“I can confirm that I have sent a notice to BHP Billiton indicating that, at this time, I am not satisfied that the proposed transaction is likely to be of net benefit to Canada.

Comments

  1. by avatar hurley_108
    Thu Nov 04, 2010 2:55 am
    Conservatives' only principle: win seats.

  2. by avatar Gunnair  Gold Member
    Thu Nov 04, 2010 3:12 am
    "hurley_108" said
    Conservatives' only principle: win seats.


    What would have been your reaction if they'd said yes?

  3. by avatar Freakinoldguy
    Thu Nov 04, 2010 5:29 am
    "hurley_108" said
    Conservatives' only principle: win seats.



    Not to worry big fella, I'm pretty sure that if the Liberals ever get elected again there'll be a Chinese Consortium who'll be first in line to purchase, no questioned asked.

  4. by avatar Scape
    Thu Nov 04, 2010 7:08 am
    "hurley_108" said
    Conservatives' only principle: win seats.


    Bingo.

  5. by Anonymous
    Thu Nov 04, 2010 1:04 pm
    They didn't say "No". They went with the wishy-washy "Maybe".

    BHP Billiton has 30 days to make any additional representations and submit any undertakings.

    “At the end of that period, I will make a final decision.

  6. by avatar Gunnair  Gold Member
    Thu Nov 04, 2010 1:45 pm
    "Scape" said
    Conservatives' only principle: win seats.


    Bingo.

    :roll:

    Do you think they should have said yes to the sale and ignore the desires of Saskatchewan?

  7. by avatar saturn_656
    Thu Nov 04, 2010 2:12 pm
    As long as it doesn't get sold to the People's Republic of China. Worst case scenario.

  8. by avatar ShepherdsDog
    Thu Nov 04, 2010 2:15 pm
    "hurley_108" said
    Conservatives' only principle: win seats.

    that ought to clear out a five pound hairball....at the very least.

  9. by Chumley
    Thu Nov 04, 2010 2:15 pm
    "saturn_656" said
    As long as it doesn't get sold to the People's Republic of China. Worst case scenario.



    Selling to a foreign country or a corporation, what's the difference?
    Both will suck out the maximum for as minimum a return as possible.

  10. by avatar saturn_656
    Thu Nov 04, 2010 2:22 pm
    "Chumley" said
    As long as it doesn't get sold to the People's Republic of China. Worst case scenario.



    Selling to a foreign country or a corporation, what's the difference?
    Both will suck out the maximum for as minimum a return as possible.

    As a massive potash consumer, China may want to depress Potash prices. Further subsidize their already massively subsidized economy.

    A private corp on the other hand, like PotashCorp or BHP, would want prices to rise and create more profit.

    I prefer the latter.

  11. by avatar hurley_108
    Thu Nov 04, 2010 2:25 pm
    "Freakinoldguy" said
    Conservatives' only principle: win seats.



    Not to worry big fella, I'm pretty sure that if the Liberals ever get elected again there'll be a Chinese Consortium who'll be first in line to purchase, no questioned asked.

    Yea, because it was the Chinese trying to buy it this time, too. :roll:

  12. by avatar hurley_108
    Thu Nov 04, 2010 2:26 pm
    "Gunnair" said
    Conservatives' only principle: win seats.


    Bingo.

    :roll:

    Do you think they should have said yes to the sale and ignore the desires of Saskatchewan?

    Do you think politicians should ever stick to their principles? Or should they only do it when they'll lose three seats (like when they pissed of Danny Williams) instead of 13 (like they might stand to lose in Sask)?



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