BCBusiness

Nov2017-flipbook-BCB-LR

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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W H AT YOU SA ID Talk to Us Now EMAIL bcb@canadawide.com WEBSITE BCBusiness.ca TWITTER @BCBusiness FACEBOOK BCBusiness feedback When Mustel Group asked 300 people across B.C. last August what they thought should happen to Site C, half (50.4 per cent) overall recommended proceeding, 26.5 per cent said it should be terminated, and 23.1 per cent wanted it put on hold. "I think there is support for Site C or at least to be convinced that, take a second look, have the review done and show that the economic case is there," says principal Evi Mustel. "It's really only one in four that actually think the project should be canned." Here's the breakdown by region: In August, the new provincial NDP government asked the B.C. Utilities Commission to review the $8.8-billion Site C dam project. The nal report is due this month. The govern- ment wanted to know whether BC Hydro and Power Authority is on target to complete Site C on budget and on time (by 2024) and the implications for ratepayers based on three scenarios: proceeding with the project; suspending the project with the option to resume construction; and terminat- ing the project, remediating the site and focusing on other resource portfolios that provide the same level of bene ts at the same or lower cost as Site C. NOVEMBER 2017 BCBUSINESS 15 BCBUSINESS.CA Poll of the Month CORRECTION In our Top 100 package (July/ August), the story "Winners and Losers" misstated Powerex Corp.'s change in revenue between the 2015 and 2016 fiscal years. Revenue actually dipped from $919 million to $601 million, less than 35 per cent. Also, Powerex posted net income of $61 million in fiscal 2016, not a $61-million loss as stated in the story. METRO VANCOUVER OTHER B.C. ISLAND/ COAST INTERIOR PROCEED AS PLANNED TERMINATE POSTPONE WITH OPTION TO RESUME UNTIL 2024 49.1% 42.6% 52% 58.1% 23.5% 20.8% 22.5% 23.7% 27.4% 36.7% 25.5% 18.3% YOU'RE building THE FUTURE. We're here to help. Oyen Wiggs Green & Mutala LLP INTELLECTUAL PROPERTY LAWYERS patentable.com

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