Report shows need for business succession planning
Community Futures of the Pacific Northwest released a plan looking to match potential new owners to small businesses in Prince Rupert after a survey found 44 per cent of business owners plan to exit their business in the next 10 years – with half of that number planning to leave the market in the next three years.
The number one reason given by owners for wanting to leave their business was retirement, while insufficient demand, lack of support for the product or service, financial uncertainty and relocation were also cited by respondents as reasons for leaving their business.
Lax Kw’alaams kick BC Hydro off land after territory dispute
During the week of August 10 a geo-technical drill crew from BC Hydro were working on a project for the Northwest Transmission Line at a site located off of Highway 16 near Terrace, when a group of “cultural monitors” from the Lax Kw’alaams First Nation arrived and told the crew they were not allowed to work there.
The transmission line project is expected to go through the traditional territory of eight different First Nations groups. While BC Hydro has negotiated agreements for the use of the land with five of those groups including the Kitsumkalum First Nation, they didn’t have one with Lax Kw’alaams at the time, though Kitsumkalum officials denied that the land in question was the traditional territory of the Lax Kw’alaams First Nation.
Ferry numbers fall
Along with other BC Ferries traffic, numbers on the North Coast were falling. In July of this year the number of passengers coming to Prince Rupert on the ferry from Port Hardy dropped by over 11 per cent since July 2010. The number of vehicles coming to Prince Rupert from Haida Gwaii fell by over nine per cent, and vehicles going to the islands fell by over 14 per cent.
Environmental assessment for Canpotex opens to public comment
On August 29 the Canadian Environmental Assessment Agency kicked off the first of three public comment periods on the proposed Canpotex potash terminal to be located on Ridley Island. It was the first time in almost two years, since a September 2009 presentation from the company, that the public was invited to provide their comments on the plan.
Results show voters overwhelmingly reject HST
Voters in the northwest overwhelmingly voted in favour of scrapping the Harmonized Sales Tax, according to numbers released by Elections BC on August 26. On the North Coast 6,149 people cast their votes in the referendum with 4,131, or 67.18 per cent, voting to return to the PST/GST system. Only 2,018 people, or 32.82 per cent, voted to keep the HST. Overall the HST was defeated with 54.73 per cent voting to repeal the tax and 45.27 per cent voting to keep it.
Federal NDP leader Jack Layton passes away
Canadian citizens were hit with a wave of shock and sadness after it was announced that the leader of Canada’s New Democrats Party, Jack Layton, had passed away due to an undisclosed form of cancer in the early morning of Monday, August 22. Layton’s passing came shortly after he announced a temporary leave from Parliament and the same year as he led the NDP from a fourth place party in the House of Commons to the Official Opposition. Millions of Canadians watched Layton’s memorial service on national television, while locally there was a viewing event held at the Ocean View Hotel.