Newspaper article The Canadian Press

--B-C Update-

Newspaper article The Canadian Press

--B-C Update-

Article excerpt

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(BC-Softwood-Lumber-Dispute)

An analyst says he expects the Americans will impose "shock and awe" duties on Canadian softwood lumber when a decision is announced later this month.

The U-S Commerce Department says it will announce on April 25th whether it will impose the first of two duties on Canadian softwood, with any countervailing duties to be applied on imports about a week later.

Analyst Paul Quinn of R-B-C Capital Markets in Vancouver says he anticipates preliminary rates in the range of 30 to 40 per cent.

Forestry companies say hundreds if not thousands of sawmill jobs are at risk if the U-S imposes duties on Canadian softwood. (The Canadian Press)

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(BC-ElxnBC)

B-C's finance minister says proposals in the N-D-P's election platform would cost at least four billion dollars a year and lead to a credit downgrade for the province if put into action.

Mike de Jong called the New Democrats' plan "misleading in the extreme" and said British Columbia would no longer be Canada's leading economy under the N-D-P, as it is under the Liberals.

But N-D-P Leader John Horgan says his party's campaign plan can be paid for simply by reversing a Liberal tax cut to the highest income earners, hiking the corporate tax rate and putting a price on housing speculation.

The N-D-P says it will rein in auto insurance rates, phase out medical service premiums and eliminate interest on student loans if it wins the May 9th election. (The Canadian Press)

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(BC-ElxnBC-Notley)

Alberta's N-D-P premier is discouraging government workers in her province from going to British Columbia to campaign for the New Democrats in next month's election.

One of the N-D-P's key planks in the B-C election campaign is opposition to the Trans Mountain pipeline expansion from Alberta through British Columbia.

Premier Rachel Notley says it would be difficult for anybody who works for her government to support candidates who are against a project that's so crucial to Alberta's interest.

B-C's Green party also opposes the pipeline while the Liberals are seeking re-election after supporting it. …

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