BCGEU pension plan stock holdings

Monetary value in brackets:

CANADIAN NATURAL RESOURCES 9,878,124.00 (473,557,264.56)

ENCANA CORP 6,723,321.00 (225,432,953.13)

ENBRIDGE INC 4,698,492.00 (279,184,394.64)

http://www.bcimc.com/publications/pdf/Inventory/Inventory20110331.pdf

All Pension Plan Stock Holdings

Thanks happy for bringing up a very important point, pension plan stock holdings. All public and private pension plans including RRSPs etc. support the fraudulent 'investment' fiasco called capitalism. Bringing up this topic of where their pension checks come from with supposedly environmentalist folks in my age range usually is near the beginning of an argument and often near the end of a friendship. Being an intellectually dishonest SUV driving, mall shopping environmentalist is common, being an anti-materialist dropout who refuses to participate isn't.

But pension plan holdings don't influence gov't decisions.

So what is the point of dragging that into this discussion? Is there a conflict of interest or a perceived conflict? Of course not. But when an industry sector donates to a political party the expectation is for a quid pro quo.

The good thing is that Christy never knows when to keep her mouth shut. The quotations are damning and should appear in election ads.

I hate to use the word LYER

I hate to use the word LYER for Christy's two faced position on pipe lines and such so will try just calling her a fibber. THe election can't come soon enough for us getting rid of the woman

Skywalker

It was in context of the article, nothing more. I made no comment. Just setting out whats on the public record. If it makes certain groups uncomfortable, thats not my problem.

bcguy: try LIAR instead

christy fund raising

Is this why she cancelled the Fall sitting of Parliament? To go fundraising in Alberta? Disgusting.

Uncomfortable?

You have rather odd definition of "in context". I'd class it as "irrelevant" in any context about Christy getting donations fro oil companies.

Skywalker

The oil companies identified by Tieleman in the article are owned - in part - by the BCGEU (and all other BC public workers too for that matter, don't want to be accused of singling out the BCGEU)
Therefore it could even be said that they themselves donated a portion of these funds to the liberal party, in an offhand way I admit, but as they say if you "follow the money" you will end up back at the shareholders won't you. BCIMC is a BIG shareholder. Not so black and white is it.

Definitely in context.

So if I buy...

...something from the oil company which contributes to Christy Clark and the BC Liberals that is also related. Pension Funds are invested to get a return the individual BCGEU Member probably does not keep track. But this justifies Christy taking doantions for her election campaign from the oil companies. She doesn't have to risk an investment. She just has to wink as she accepts it.

In context. Sure!

Skywalker

"She doesn't have to risk an investment"

Nor do government workers. A Defined Benefit pension payout is gauranteed by the province and indexed for inflation.
There is no risk whatsoever to the Plan members. Zero.

Oh brother

And you of course don't have a problem with supporting the government of China via your purchases and political leanings?

Or supporting the government of Iran?

There goes Frank again!

Completely sideways. Well Frank, hate to break it to you but the computer your looking at right now was probably manufactured in China so does that make you a supporter of the Chinese government?
The Canadian government broke diplomatic relations with Iran so.....I guess not.

Good one Frank...

..and it is "in context" as well.

happy

And of course your computer wasn't manufactured in China. No doubt according to you it was built in Sechelt, each chip loving placed into position by local natives.

As for Iran, the Harper government opposes shipping Alberta bitumen east. Which means eastern Canada has to rely on OPEC oil, such as from Venezuela. And of course that helps other OPEC nations such as Iran.

Hypocrisy is a bitch when it bites you in the ass isn't it?

A trip down happy's "logic" lane

How about the bridge you drive over has a toll. A toll paid for by everyone including people who bought German cars. Built by German companies that financially backed Hitler. Ergo, your bridge is being partially financed by people that support companies that financed the war against Canadian soldiers in WW2.

Why do you hate Canada so much?

ps. my car was built in Michigan and Ontario with some parts made by only the happiest and most unexploited workers in Mexico. The energy used came from a special pixie dust found only in a place that you can get to by going to the second star on the right, straight onto morning. And of course myself and all the workers send Christmas cards to each other every year. But then my car is only used to carry sick neighbour children to hospital.

Frank

No, my Salish buddies work in the gravel mine actually.
I don't care where my computers made.

I don't care if you call me a hypocrite, just puts me in the same class as those who rant against oil corporations while collecting pension funds from those same corpoations at the same time. I'm in pretty good company huh!!

I'm logging out now, I'll be gone for a while so won't be responding any further to this, just letting ya know I haven't run away.
And when I do come back......you do owe me a bit of an apology. I retracted what I said about federal NDP election financing back in July when I got a newspaper article mixed up with the cons and you called me on it.
But as we both know now.....the NDP WAS guilty and had to return over 344,000 smackers of illegal contributions. Will you retract?

Cheers!

Talk About NDP Hypocrisy!

Yet, just over 10 days earlier earlier on September 19, 2012, NDP leader Adrian Dix and NDP party prez Moe Sihota hosted the same private dinner for the same people and same companies!

Including Canadian Natural Resources Ltd.!

As well as Encana, Suncor, etc.

At the swanky La Terrazza restaurant in Vancouver's Yaletown!

At $3,000/plate for one and $5,000 plate for two!

Talk about NDP hypocrisy!

And what did this huge chunk of oils sands money/natural gas money get in return from the BC NDP?

http://www.allpolitics.ca/index.php?src=news&srctype=detail&category=NDP&refno=84

So what does the NDP base think about this hypocrisy?

It's now apparent that BC enviro-minded voters have no alternative but to vote for the BC Green Party.

From Adrian Dix ( look it up)

Written by Adrian Dix Thursday, 14 April 2011

"I am committed to scrapping the BC Liberal support for offshore oil and gas exploration, for the oil tankers and for the Enbridge pipeline. We must stop undertaking these projects just so the tar sands can be expanded at an exponential rate of growth. British Columbians never signed our province up for that role and we should not accept it.

I was also the first leadership candidate to commit to expanded public scrutiny with specific steps for upstream oil and gas operations in BC. I have committed to reviews of fracking, sour gas emissions and upstream greenhouse gas emissions in order to get public accountability and to identify concrete pollution reduction solutions. Doing nothing and relying on the Liberals' policies of self-regulation in the gas fields are not satisfactory to me, any more than the IPP free-for-all has been. Putting politics aside, BC needs a change in government to save our environment and I believe I can provide the leadership to help make the NDP government again, and start the process of change."

So stating that he is committed to a review of fracking means he is in favour? Cool Hand must be taking lessons on truthiness from Mitt Romney.

Skywalker

NDP MLA John Horgan's (who Dix will appoint NDP energy minister IF the NDP ever form guvmint) relatively recent response to fraccing:

http://www.vancouversun.com/technology/Horgan+deems+greener+future/6780093/story.html

And Rafe Mair from last month:

http://thecanadian.org/item/1701-bc-ndp-must-come-clean-on-its-full-energy-policy-fracking-lg-site-c-kinder-morgan-rafe-mair

So, we have the NDP having:

1. A large private dinner with the Calgary energy barrons at $3,000/plate;

2. NDP MLA and energy critic Horgan is very comforatable with fraccing;

3. Rafe Mair acknowledging that the NDP energy critic favours, withour reservations, fraccing;

Will the REAL NDP please stand up?

Will the real Liberals stand up?

You know, the ones that take a stand on anything? How about something simple like the Enbridge pipeline across northern BC? Onside or opposed?

Guess that's too much to ask.

Horgan

John Horgan stated to me...

"We can`t be against everything"

With First Nations onboard,..

Horgan also said..When something goes wrong with natural gas it goes boom, there isn`t a clean up disaster.

Unfortunately with LNG, the province is getting zippo for land leases, that $billion annual easter egg is gone..

And, LNG will turn out to be a bust, the LNG frackers are now claiming that unless they get free hydro electric power building LNG freezers is not feasible..

There are so many countries chasing China and big dollars for LNG, China has countries tripping over each other, LNG for export will not come to fruition, at least not for 5 plants, maybe 1, and even that one can`t get any long-term gas buying contracts..

Once the truth comes out about LNG, the welfare industry, it will be easier for the NDP to back off..

Unfortunately there was so much misinformation(BC Liberal spin doctors and complicit media) about the potential for big LNG dollars, numbers thrown around, big numbers using the word.

$trillion

The truth is here, written a year before the economic spin doctors, better late then never.

http://powellriverpersuader.blogspot.ca/2012/02/chinese-tigers-playing-with-canadian.html

Clark

Still need a reason to dump the Lieberals

Government Pension

plans are not just for BCGEU members. Cops, firefighters, paramedics, hospital workers etc etc all contribute to the public plans. The workers have joint boards but do not control any of the government pension plans. Here is a link so people will understand that public pension plans are not BCGEU controlled.

http://www.pensionsbc.ca/portal/page/portal/pen_corp_home/pc_home_page/

Cool Hand aka MitT Romney

Here's what John Horgan said on fracking.

http://www.johnhorgan.ca/news/news-releases/opposition-proposes-stronger-actions-sustainability-environmental-protection-frac

On the truthiness Scale your interpretation doesn't get a very high reading. It is hardly an endorsement of the existing regulations and approval process. But hey logical deductions was never your forte.

Natural gas subsidies and donations

The co-efficient of liberal "royalty credit" programs is in direct relation to donations to their party. The donations to the liberals by gas producers were done with funds credited back to producers from royalties that should belong to taxpayers. No additional jobs were created by these programs or we would be counting income tax revenues on the plus side rather than deficit side. Any additional income taxes generated go right back to Alberta with the people that earn the wages. Donations to liberals=subsidies. Simple Campbell/Neufeld/Clark/Morgan/BCliberal math. Any new government after May should be campaigning on eliminating subsidies as they have been proven not to work. Unless you count political donations.

There is only one reason

that Clark has suddenly gone enviro friendly. She wants to win the 2013 so she has four years to stuff Northern Gateway and everything else down our throats. She is a disciple of the master liar and manipulator Gordon Campell. Her problem and the problem of the BC Liberal party is her personal ambition. They need to clean house in order to stand a chance of being re-eledted, but they don't have anybody to clean house with. This is their last term in government. Not even the Liberal party hacks who appear so regularly here on the tyee can save them.

lng exports

we are being played by CHINA on this LNG export proposal.

right now there is a $12 disparity in natural gas pricing between north america and asia.
the LNG projects are being "sold" to us on that basis.
this is soft logic at best.
australia,indonesia,and the USA are going nuts to supply Asia(primarily CHINA & JAPAN)with LNG,this will cause an oversupply and force prices down.
far better to encourage the development of GTL plants instead.
GTL is a thermal process the converts natural gas into:diesel fuel,jet fuel and kerosene.

the by product is heat.
GTL plants use the waste heat to generate electricity for their operation,surplus is sold to(in our case)BC Hydro.
for more info look up:
SHELL,GTL,QATAR

win,win.

cfvua

Cute comeback. But... ummmm... how do ya explain the 1990's NDP major increases to these same tax credits to benefit the same international energy concerns? I'm all ears!

http://www.canada.com/vancouversun/columnists/story.html?id=0b79f09f-2ad9-4254-be9b-7312a13e2560&p=2

So any potential NDP guvmint is gonna eliminate the same tax credits to the energy industry that the NDP introduced in the 1990's? Gonna be fun to hear your response thereto!!

sailorken

Ya know. I fully concur!!! And in that vein, South Africa's SASOL, a world leader in GTL (gas to liquids technology) purchased a $2 BILLION interest in Talisman's NE BC interest in the Montney basin.

And SASOL intends to build a massive $9 BILLION+ facility to convert these natural gas assets into diesel (a more environmentally-friendly diesel, I might add).

And that GTL plant would require a few thousand construction workers over several years and at least 500 permanent high-paying union jobs.

Build it in neighbouring Dawson Creek, BC, correct?

NOPE. With the potential of an NDP guvmint and higher corporate and capital taxes, SASOL has now decided to build the plant in Fort Saskatchewan, Alberta!!!!!

Using NE BC's natural gas!

Fu## the looney left BC NDP. This major investment decision is just the beginning of future capital investments that should be made in BC but will be made in Alberta if the BC NDP is ever elected.

And 1 1/2 years thereafter of a hypothetical NDP guvmint, we will see its collpase based upon previous history.

BC's looney left holds BC back economically all the time. Pathetic actually.

B.C. hypocrites

Clark can bash Alberta all she wants to. But the bottom line is, she is nothing but an oil company prostitute. Just like Dix of the NDP in B.C., he did the same thing. All these politicians are the same. They cry environment this and that on the one hand calling Alberta every name in the book using us as an excuse to deflect their own pollution and filth while they pocket the money of those they claim to despise.

B.C. hypocrites

So the builders of the dam on the Peace River need to cut a cheque to the Government of Alberta. That is real pollution, not make believe, maybe, some day pollution. B.C. Is flooding a massive, beautiful valley ecosystem in the Peace Country for Hydroelectric generation.The site C dam will be the third along the Peace River, and will destroy some of the best agricultural land in B.C., along with its diverse ecosystem and wildlife habitat. But who cares about moose when you live in the coast. Real pollution and real ecosystem destruction escapes B.C. With this make believe, maybe, some day Kitmat pipeline pollution. B.C. needs hydro electricity to power it's Dawson Creek shale gas pipeline's. Have a nice day !