YOU SAID IT
“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