Panelist: Younger “incorrect,” in rush

BRAD J. HAYES Editor’s Note  Brad J. Hayes, PhD, P.Geol., is president of Petrel Rober­son Consulting Ltd. in Cal­gary. This article appeared online this week inwww.dailyoilbulletin.com. Hydraulic fracturing has been a headline topic in Nova Scotia during the past few months, and particularly this past week. The latest surge of news occurred as David Wheeler’s expert panel released their comprehensive report on the environmental, socio-economic and health im­pacts of hydraulic fracturing, followed a few days later by En­ergy Minister Andrew Younger announcing his intention to intro­duce legislation banning “high­volume” hydraulic fracturing in the province. As a member of the Wheeler expert…

Killam makes Ont. investment

Halifax, Alberta firms join forces to acquire 50 per cent interest in Ottawa apartment BRUCE ERSKINE BUSINESS REPORTER   berskine@herald.ca @CH_Br uceErskine Killam Properties Inc. of Hali­fax has agreed to acquire a 50 per cent interest in Kanata Lakes Apartments II, a new 152-unit apartment building in Ottawa, for $24.4 million. The acquisition o f the $48.7-million property is a joint venture with affiliates of King-Sett Capital Inc. and AIMCo Realty Investors LP , a limited partnership managed by Alberta Investment Management Corp. “We welcome both KingSett, one of Canada’s most successful private equity investors in real estate, and AIMCo, one…

Subsidizing low-income energy great way to stoke deficit

P.K. THOMPSON  Editor’s Note  P. K. Thompson, B.Sc., a retired energy analyst, lives in Petpeswick Inlet Brian Gifford, chairman of Nova Scotians for Tax Fairness, presents an accurate and useful template for tax change (“Higher, more progressive taxes would yield benefits,” Aug. 14). Five out of six “specific recommendations” are insightful, progressive and should be implemented provin­cially and nationally. Eighty-three per cent is an excellent score for any set of complex recommenda­tions. Well done. One of them, however, is com­pletely wrong: “A Universal Ser­vice Program ensures low-income households can afford essential home energy by tying their energy costs to their income.”…

Fracking: where industry, government went wrong

STEVE PARKER  Editor’s Note   Steve Parker is chairman and CEO, CCL Group Inc., Halifax, and is a Fellow of the Canadian Public Rela­tions Society. “It is not the strongest or most intelligent who will survive, but those who can best manage change.” — Charles Darwin Fracking has been indefinitely banned in Nova Scotia although it is in wide use elsewhere and has changed the energy landscape and economics in North America. Proponents of fracking are stunned; even anti-fracking lead­ers express surprise that the gov­ernment has so speedily swept this issue off the political table, going much further than the Wheeler…