When he was the leader of the opposition, John Horgan argued that Treaty 8 Nations “ have entrenched constitutional rights to practice hunting and fishing” on the land that will be underwater if the Site C Dam is built. The BC Utilities Commission recently concluded that “increasingly viable alternative energy sources such as wind, geothermal and industrial curtailment could provide similar benefits to [BC Hydro] ratepayers as the Site C project, with an equal or lower Unit Energy Cost.” Never-the less, today Premier John Horgan announced BC is moving forward with Site C.
A second British Columbian “poll” suggests more Green MP’s might be accompanying Elizabeth May back to Ottawa. UBC’s Sauder School of Business Prediction Markets‘ system is more akin to the stock market than regular polls, but has proven to be surprisingly accurate in the past. As of October 13, Sauder’s market predicts 3 Green Seats.
The Canadian dollar dropped to its lowest exchange rate in eleven years Wednesday. Dr Werner Antweiller, of UBC’s Sauder School of Business, that is because our economy is so focused on the oil sector. Consequently, low oil prices deflate Canada’s petrocurrency.