Capitalism

07/03/20
Author: 
D. T. Cochrane
Ottawa building

Mar. 5, 2020

Other public funds through court and police actions are also being used to subsidize the companyOther public funds through court and police actions are also being used to subsidize the company

As the solidarity movement with the Wet’suwet’en hereditary chiefs continues across the country, a federal Crown corporation is considering a loan to Coastal GasLink.

06/03/20
Author: 
Carl Surran, SA News Editor 
Mar. 5, 2020

Defending the business of fossil fuels and resisting targets on carbon emissions, Exxon Mobil (NYSE:XOM) CEO Darren Woods today called pledges by some of its Big Oil rivals to cut carbon dioxide emissions a "beauty competition" that would do little to halt climate change.

06/03/20
Author: 
CBC News
The company behind plans to build a liquefied natural gas plant by the Saguenay port says the loss of a significant investor doesn't mean the end of the project. (Radio-Canada)

Mar 05, 2020 

Berkshire Hathaway opts not to invest $4B in liquified natural gas plant and pipeline

Warren Buffett's investment company Berkshire Hathaway has decided not to invest $4 billion in a liquefied natural gas (LNG) plant by the Saguenay port.

The marine terminal to ship LNG to overseas markets is slated to be built roughly 230 kilometres northeast of Quebec City, at a cost of $9.5 billion.

03/03/20
Author: 
Salmaan Farooqui
Protesters gather outside the Prospectors & Developers Association of Canada mining industry convention in Toronto on Sunday, March 1, 2020. Photo by The Canadian Press/Chris Young

March 2nd 2020

More than 100 people protested outside a mining convention Sunday in downtown Toronto, where they blocked traffic on multiple roads and stood in front of entrances to the event.

Organizers said they were demonstrating against the harmful effects of resource extraction to the environment and to Indigenous lands.

At one point, protesters attempted to enter the convention but were stopped by police.

26/02/20
Author: 
Alex Ballingall
Rail Blockade
 Feb. 20, 2020
 
OTTAWA—A federal Crown corporation might lend money to support the Coastal GasLink pipeline, a move that one Wet’suwet’en chief called “highly inappropriate” amidst ongoing rail blockades and nationwide protests against the project.
22/02/20
Author: 
Patrick Greenfield and Jonathan Watts
Smoke stacks - The JP Morgan paper said ‘catastrophic outcomes’ could not be ruled out. Photograph: Dimitar Dilkoff/AFP via Getty Images

Feb. 21, 2020

Leaked report for world’s major fossil fuel financier says Earth is on unsustainable trajectory

The world’s largest financier of fossil fuels has warned clients that the climate crisis threatens the survival of humanity and that the planet is on an unsustainable trajectory, according to a leaked document.

20/02/20
Author: 
Thomas M. Hanna, Mathew Lawrence
design

February 13, 2020

As we enter the second decade of the new century, signs of crisis are all around us. Climate change, rising economic inequality, assaults on workers’ rights and wages, unchecked corporate power, financialization, entrenched racism, misogyny, and xenophobia, and emboldened neo-fascism and right-wing populism, to name a few.

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