trece verde
Well-Known Member
John:
Confidence in context of "confidence motion" has nothing to do with the confidence of the electorate in a government; it actually just refers to the parliamentary procedure by which a sitting government gets defeated, typically like a budget vote.
BC has not always had a strong mining industry. Inasmuch as there have been successive mining-unfriendly NDP governments, the industry is also extremely susceptible to price fluctuations in other parts of the world. We lost the porphyry copper industry we had in the 1960s and early 1970s not so much because of a royalty act so much as cheaper (to produce) and richer copper was available in Zaire and Chile. Elk Valley, Quintette and Fording coal were hooped by cheaper stuff being available in China, and by the previous recession in Japan.
Yes, Teck is a big company, but Teck doesn't do exploration work. Placer Dome used to, but Barrick doesn't live here anymore. The real big guys (BHP, RTZ, etc) don't play here anymore either; they will buy out the work of a smaller company (see Kennecott) if they think it's feasible and develop it, but they won't do any of the grunt work it takes to get there.
No, we didn't all vote for the NDP, but 60% of those of us who did bother to vote didn't vote for the Tories either.
Trece
Confidence in context of "confidence motion" has nothing to do with the confidence of the electorate in a government; it actually just refers to the parliamentary procedure by which a sitting government gets defeated, typically like a budget vote.
BC has not always had a strong mining industry. Inasmuch as there have been successive mining-unfriendly NDP governments, the industry is also extremely susceptible to price fluctuations in other parts of the world. We lost the porphyry copper industry we had in the 1960s and early 1970s not so much because of a royalty act so much as cheaper (to produce) and richer copper was available in Zaire and Chile. Elk Valley, Quintette and Fording coal were hooped by cheaper stuff being available in China, and by the previous recession in Japan.
Yes, Teck is a big company, but Teck doesn't do exploration work. Placer Dome used to, but Barrick doesn't live here anymore. The real big guys (BHP, RTZ, etc) don't play here anymore either; they will buy out the work of a smaller company (see Kennecott) if they think it's feasible and develop it, but they won't do any of the grunt work it takes to get there.
No, we didn't all vote for the NDP, but 60% of those of us who did bother to vote didn't vote for the Tories either.
Trece