In a recent letter to a local paper, Kevin Falcon, Minister of Transportation states that BC Rail stopped shipping coal back in 2003. He also implies that 50 per cent of the mining job losses were due to the NDP policies at the time.
Once again we see desperate people trying desperate measures to justify their actions. The truth of the matter lies in the fact that as reported in McLean’s magazine we have seen the price of coal shoot from $40 per tonne (U.S.) in 2003 to $125 per tonne (U.S.) in December 2004. Mining jobs were lost due to the relatively low demand for coal not government policy. However, in 2003 Richard Neufeld, a B.C. Liberal himself, talked about the upcoming world demand for the exact type of coal British Columbia can produce. This increase in coal price had been steady and universally accepted as the coming trend for coal prices. Therefore, it has been known by anyone (apparently, including the B.C. Liberals) who might care to look, coal was going to be British Columbia’s new hotbed of financial activity. The B.C. Liberals including our own M.L.A.’s have frequently used the argument that CN should not have been asked for a higher price due to speculation on coal prices. I can’t think of any company that might want to purchase another company without looking at all future revenue generation possibilities or a seller who does not ask a higher price for their business on the strong evidence of upcoming fortuitous opportunities. Except of course for the B.C. Liberals.
As children most people learn that doing a bad act (such as stealing something and selling it to someone else) is compounded by lying about what you have done. Do these actions by the B.C. Liberal mean they have not told the truth or is it that they have been unfaithful to the voters of this province through ignorance of world markets? Given either of these choices as outlined by the Liberals themselves how dare Kevin Falcon claim the NDP “fail to understand basic business principles”? My advice is those who resort to the above desperate measures have little moral ground to hold anyone up for scrutiny.
Steven F. Willment