12:36:23 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Westshore Terminals Investment Corp
Symbol WTE
Shares Issued 73,267,154
Close 2017-05-02 C$ 24.25
Market Cap C$ 1,776,728,485
Recent Sedar Documents

Globe says Westshore faces newly green Premier on coal

2017-05-03 08:08 ET - In the News

The Globe and Mail reports in its Wednesday edition that B.C. Liberal leader Christy Clark wants to slap a $70-a-tonne carbon levy on exports of thermal coal from B.C. ports. The Globe's Brent Jang quotes the Premier as saying Tuesday while campaigning for re-election, "I think in the fight against climate change, we all have a responsibility." She is linking her coal-levy proposal to the Trump administration's decision last week to collect countervailing duties on Canadian softwood lumber exports south of the border. British Columbia is Canada's largest lumber exporter into the United States. Ms. Clark's position has drawn ire in coal-rich Alberta. "It would apply to all because we don't intend to just single out American coal," said Ms. Clark, whose party is in a close race against the NDP led by John Horgan. Both parties are fending off a challenge in some ridings from Andrew Weaver's B.C. Green Party. Most of the thermal coal exported last year from Westshore Terminals' export operation near Vancouver originated from U.S. mines in the Powder River basin in Wyoming and Montana. By contrast, federally owned Ridley Terminals on British Columbia's north coast handled thermal coal mined in Alberta.

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