As earnings season approaches, analysts weigh investment prospects for next year
CBC News, Oct 20, 2014
The falling price of oil will likely result in a round of project cancellations and disappointing results in the Canadian oilpatch, analysts say.
As oil companies bring in third quarter earnings, starting toward the end of this week, they’re facing oil priced at just above $80, down about 20 per cent since June of this year.
Today West Texas Intermediate oil contracts seem to have stabilized at $82.71 US a barrel, down four cents on the day. That’s up from the lows below $80 set last week. Western Canada Select, the price received by many Canadian oil producers, is at $69.10.
“When the price falls to where it is now, certainly a lot of crude oil producers are having a second look at future projects for expanding the oilsands until they see where things shake out,” says Michael Ervin, of petroleum consultancy M.J. Ervin & Assoc. Read the rest of this entry
Indian Country Today, Oct 17, 2014
Charles Upham has released a statement regarding the death of his daughter Misty, an actress known for her work in the films Frozen River, Jimmy P., and August: Osage County. The statement addresses many of the questions left unanswered in mainstream coverage of the unfortunate story to date. Here it is, in full:
We would like to provide the following information to all of Misty’s friends and family.
We believe that Misty’s death was accidental. She did not commit suicide. We believe she ran into the wooded area behind her apartment to hide from the police. The area in question has a hidden drop-off and evidence suggests that she slipped and fell off of the steep embankment when she tried to get out of a view from the road. She simply did not see the drop off. We searched near that area that evening she disappeared and missed seeing her purse by 25 feet. I, Charles, went there after Fire Department officials recovered her body and you just can’t see the steep drop until it’s to late.
Cheques issued by Krissy Jacobs and Glen Newman lead to their removal from band positions
CBC News, Oct 20, 2014
Two officials with the Squamish Nation have now been relieved of their duties after an investigation found problems with how nearly $1.5 million was spent from an emergency fund.
The investigation looked into a series of cheques issued over the past six years from funds set up to help First Nation’s members with emergencies such as rent, travel to funerals, or clothing. Read the rest of this entry
NEB hearings underway to hear Aboriginal oral evidence into Kinder Morgan’s proposed oil pipeline, that would cross dozens of rivers sacred to First Nations.
Posted by Billyray105 on Oct 16, 2014
An examination of the strategy being used in one of Canada’s major cities to repress political dissent. Brutal police tactics and military weapons being used against senior citizens, young people and the press in an efofrt to criminalize even the most Basic exercise of civic and political rights. This model is ready for export to the rest of Canada for use against anyone trying to peacefully impact government or corporate agendas through the use of violence and economic pressure. This is coming to your town soon.
CBC News, Oct 17, 2014
Protesters have forced employees of Manitoba Hydro out of the Jenpeg generating station in northern Manitoba.
The protesters, from Pimicikamak Cree Nation, delivered an oversized evicted notice on Friday to staff at the station and the employee housing complex, both of which are located on the Nelson River in Pimicikamak territory.
“The building is empty, locked, undamaged and under the Pimicikamak flag,” states a release from the Cree Nation, which is located approximately 525 kilometres by air north of Winnipeg.
Jorge Barrera, APTN National News, Oct 17, 2014
The RCMP closely monitored the movements of an Indigenous environmental activist as it tightened surveillance around possible protests in northern British Columbia targeting the energy firm behind the controversial Northern Gateway pipeline, according to “confidential” documents obtained by APTN National News.
Documents from the RCMP’s Suspicious Incidents Report (SIR) database show police closely monitored the movements of a member of the Indigenous Environmental Network (IEN) during the summer of 2010 in northern British Columbia. According to the documents, the RCMP considers IEN an “extremist” group and a trip by an IEN member to a direct action camp in July of that year created a flurry of database activity involving RCMP officers with the force’s national security operations in B.C. and Ottawa. [* The IEN is an Indigenous non-governmental organization (NGO) more similar to Greenpeace than an actual resistance group]. Read the rest of this entry
CTV Winnipeg, Oct 16, 2014
The Pimicikamak First Nation has served what it is calling an “eviction notice” to Manitoba Hydro workers.
In a statement released Wednesday, the First Nation said some of its members would occupy the grounds and staff housing complex at the Jenpeg generating station until their concerns are addressed by Manitoba Premier Greg Selinger and Manitoba Hydro CEO Scott Thomson.
Pimicikamak First Nation wants greater benefits from northern power generation. They also have concerns about permanent flooding and shoreline damage.
Trina Roache, APTN National News, Oct 16, 2014
The RCMP’s watchdog is looking into hundreds of complaints stemming from protests against fracking in New Brunswick late last year. The Mi’kmaq led the fight was against provincial government sanctioned shale gas exploration by SWN Resources Canada.
Calls to the Commission for Public Complaints against the RCMP started to roll in as far back as July, 2013. And when the RCMP raided a Mi’kmaq Warrior camp on the morning of Oct. 17, it triggered violent clashes with police. By the end of the day, RCMP snipers in camouflage with rifles were hiding in the tall grass, 40 people were arrested and six police cars were set on fire. Read the rest of this entry