Greetings to everyone on football sunday.
The BC govt and its huge unionized employees are expected to ratify a ground breaking salary agreement > 0% increase in the first year, and remaining years to be tied to the provincal economies rate of growth.
While this is obviously a means to get the govts expenses in order, by many its also seen as a signal for persons to buy into the concept of stimulating the economy by supporting many of the projects being proposed for BC, i.e. 2 major pipelines, Gas exploration, and resource development.
And of course, as previously posted, the provincial govt has signifcant interest in developing the NW area of the province > they've already supported port expansion in Prince Rupert and the construction of the hydro line towards Dease Lake. Imperial Metals new Red Chris mine will be a direct beneficiary of this, and yet we all know, the govt and FN are anticipating further interest.
As much as a government cannot force development, they can certainly encourage, and who better in BC than collaborating with Teck > could there be incentives and even a quicker EA process. Incentives and collaboration are only as good as any of the properties - I'm hoping positive drill results and Teck's intimate knowledge of BC politics (i.e. new agreement with employees; knowing NDP lost the last election rather than the Liberals winning) might in some part spurn a decision to buyout CUU.
just my thougts.
glta
jaf