Cape Breton Post - - FRONT PAGE - BY TOM AY­ERS

“We, our group, are just looking for an ac­count­ing of the $10 mil­lion.” Ken Jar­dine, chair­man of the Cape Bre­ton Rail­way Vic­tims As­so­ci­a­tion,

cap­i­tal main­te­nance ex­penses.

The depart­ment “didn’t even an­swer any of my ques­tions,” said Jar­dine. “If that’s their idea of an ac­count­ing, then we’re in trou­ble. It would make the MLA ex­penses look like a lunch tab.”

He said any­one ap­ply­ing for even a cou­ple of hun­dred dol­lars through the lo­cal com­mu­nity health board would have to pro­vide a bud­get and a post-project ac­count­ing of where the money was spent and how it met the project’s goals.

“ We, our group, are just looking for an ac­count­ing of the $10 mil­lion,” said Jar­dine. “If we’re go­ing to give them an­other $10 mil­lion, we should see what we’re get­ting for it. With what the gov­ern­ment has just gone through with the au­di­tor gen­eral, you’d think they’d be hy­per­aware of the need for trans­parency.”

Heather Deighan, a com­mu­ni­ca­tions of­fi­cer with the depart­ment, said she could only con­firm that a pro­posal is be­ing eval­u­ated and, if ac­cepted, would have to go to cab­i­net for ap­proval.

She would not say whether an ac­count­ing of the $10 mil­lion was made to gov­ern­ment, but said the depart­ment “ would make sure we keep a record of the de­tail re­quired to fol­low that in­vest­ment.”

Deighan also said the de­tails would not be re­leased to the pub­lic, but could be the sub­ject of a free­dom of in­for­ma­tion re­quest.

The sub­sidy to Rail Amer­ica, which ex­pires March 31, was granted af­ter the com­pany an­nounced its in­ten­tion to close the line in 2005.

Busi­ness of­fi­cials and politi­cians in Cape Bre­ton have ar­gued the sub­sidy is nec­es­sary to main­tain in­fra­struc­ture on the is­land, es­pe­cially with the ex­pected in­crease in busi­ness if Syd­ney har­bour is dredged and a pro­posed con­tainer ter­mi­nal is built.

Jar­dine said the sub­sidy isn’t an is­sue, but the com­pany should be ex­pected to tell the pub­lic how it spent the money.

“ We don’t think there’s any­thing wrong . . . we just want to see an ac­count­ing,” he said. CAL­GARY — The enor­mous Syn­crude Canada Ltd. oil­sands project could pro­duce 425,000 bar­rels of syn­thetic crude oil per day by 2020, Cana­dian Oil Sands Trust, the com­pany with the big­gest stake in the op­er­a­tion, said Wed­nes­day.

Syn­crude is cur­rently able to churn out roughly 350,000 bar­rels of crude per day, but it is pos­si­ble for an up­grader on site to process more of the mo­lasses­thick bi­tu­men into re­fin­ery-ready syn­thetic crude than it cur­rently han­dles.

But in or­der to un­lock the added ca­pac­ity, some work needs to be done on Syn­crude’s Mil­dred Lake up­grader and other fa­cil­i­ties, Cana­dian Oil Sands (TSX:COS) said in a state­ment.

It’s not clear yet how much the re­vamps would cost, and all of the Syn­crude part­ners as well as gov­ern­ment reg­u­la­tors would need to ap­prove the plans.

“Un­der to­day’s eco­nomic con­di­tions, we be­lieve th­ese ex­pan­sion plans have the ad­van­tage of bring­ing on pro­duc­tion growth

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.