April 20th, 2015 BC Chamber Public Affairs Update

by | Apr 21, 2015 | News | 0 comments

Public Affairs Update Header
April 20, 2015
In This Issue
Governments consider policy response to oil spill
G3 global grain group acquires ownership of CWB
 The Public Affairs Update is your weekly insight, perspective and analysis on politics in British Columbia and Canada.  This newsletter is brought to you by the largest and most broadly-based business organization in the province, the BC Chamber of Commerce – the Voice of Business in B.C.
Governments consider policy response to oil spill 

While crews continue to clean up last week’s spill of bunker fuel into Vancouver’s English Bay, the Government of British Columbia and the City of Vancouver have turned their attention to policy changes aimed at improving the response to future incidents.

In Victoria, B.C. Environment Minister Hon. Mary Polak said the provincial government is looking for improvements to marine spill response times, Coast Guard resources, response team co-ordination and communication. “We certainly look forward to the post incident review when we can better assess all the gaps that exist and turn our attention to the plans that we will need to put in place with the federal government to ensure that something like this never happens again,” she said.

In Vancouver, City Manager Penny Ballem questioned Coast Guard suggestions the response was “excellent.” She said the city shares the province’s concerns about the spill response. “There are lots of questions we’re going to have,” Ms. Ballem said.
G3 global grain group acquires ownership of CWB
G3 Global Grain Group, a new agribusiness joint venture between Bunge Canada and SALIC Canada Ltd., has acquired majority ownership of CWB, the former Canadian Wheat Board. G3 will invest $250 million to establish a coast-to-coast Canadian grain enterprise that provides stronger market access solutions for growers at a time when global demand for Canadian agricultural products is increasing, G3 CEO Karl Gerrand said.
Federal Agriculture Minister Hon. Gerry Ritz welcomed the investment. “The result of these new investments and jobs will provide a huge economic benefit to the grain sector and Canada’s overall economy,” he said.
 
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This weekly report produced for the BC Chamber of Commerce by Fleishman-Hillard.  While every effort has been made to ensure the accuracy of the information included in this publication as of the date of issue, events and government policies are subject to frequent change.  Therefore, the BC Chamber of Commerce and Fleishman-Hillard cannot assume any responsibility for actions taken solely or principally on the basis on the information contained herein.

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