No one asks about Catalyst

Catalyst Paper Corp.'s share prices are shrinking and so may their future be in Alberni, one reader says.

To the Editor,

With Catalyst’s share price currently at seven cents and with its heavy debt load, all the municipal candidates should be thinking of what is going to happen to city coffers and to the local economy when $28 million in wages is lost,  $22 million in purchasing goes, and more than $4 million in tax revenue disappears.

That is the likely scenario within two or three years. How will city council make the necessary budget cuts?

Nobody mentioned that issue at the recent all candidates meeting. Nor the fact that with that recent 24 per cent tax increase to homeowners, city hall in effect stole money from us because Catalyst subsequently paid all its overdue and current taxes.

There was, however, hot air from the mayor and other candidates about “Uptown revitalization”. What, in fact, do they mean specifically? If we lose Zellers, the banks, and Carter’s Shoe Repair, we might as well raze that unsavory section of town.

The good news is that Western Forest Products is going to spend $200 million to revitalize its eight sawmills on the Island. What we need here is at least $25 million to modernize the Alberni Pacific Division, but that wasn’t mentioned at the meeting either.

The focus instead was on the usual tourism rubbish, beautifying the waterfront and finding an “anchor tenant”. What tenant? Where?

Richard Berg,

Port Alberni

Just Posted

Vancouver Island pharmacist suspended for giving drugs with human placenta

RCMP had samples of the seized substances tested by Health Canada

Port Alberni cyclist collides with passing car

Cyclist received minor injuries

Nuu-chah-nulth First Nations receive grants to bring ancestors’ remains home

Grants are part of the Royal B.C. Museum’s new repatriation program

Get ready for a week of sunshine across Vancouver Island

Environment Canada is forecasting temperatures in the high teens all this week

North Island Tour De Rock rider Benjamin Leah leads team to Port Hardy

“You don’t have issues and problems when you look at these kids and how much they’re going through.”

Video: Flyers new mascot ‘Gritty’ a bearded, googly-eyed terror

The Philadelphia Flyers unveiled their new mascot Monday, and as one would expect of the team that gave us the “Broad Street Bullies,” he’s far from cuddly.

Vancouver Island designated as foreign trade zone

Designation simplifies importing and exporting and provides duty relief

Edmonton cannabis company revenues more than triples to $19.1 million

Aurora Cannabis revenues more than triple in fourth quarter

Seattle one step closer to NHL after arena plan approved

Seattle City Council unanimously approved plans for a privately funded $700 million renovation of KeyArena

Harvest Moon to light up B.C. skies with an ‘autumn hue’

It’s the first moon after the autumn equinox

Hockey league gets $1.4M for assistance program after Humboldt Broncos crash

Program will help players, families, coaches and volunteers after the shock of the deadly crash

Canada has removed six out of 900 asylum seekers already facing U.S. deportation

Ottawa had said the ‘overwhelming majority’ had been removed

North Island Midget Eagles bit by Alberni Valley Bulldogs, hammer Nanaimo Clippers

It was a bit of an up and down rollercoaster ride of a weekend for the North Island Midget Eagles.

Most Read