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Jan 19th News Update
Thursday, 19 January 2012 09:36
It appears the proposed Keystone X-L pipeline is down, but not out.  Although the Obama Administration has rejected the proposal, TransCanada can table an amended plan that would take the pipeline away from an environmentally-sensitive part of Nebraska.  And, TransCanada, which is based in Calgary, says it will table such a plan. The proposed 27-hundred-kilometre pipeline would move Alberta crude to refineries in Texas.
Prime Minister Harper says he's profoundly disappointed the Obama Administration has temporarily rejected the proposed Keystone X-L pipeline. Natural Resources Minister Joe Oliver says 99 per cent of the oil Canada exports goes to the U-S.  And, Oliver says the U-S's decision demonstrates the need for Ottawa to develop new markets for Canadian oil. He points to Asia as one such market.
Several cars of a C-N train jumped the tracks in a remote area 300-kilometres west of Edmonton. C-N says 11 cars loaded with coal collided with a stationary train early yesterday afternoon. One crewman was taken to hospital. The Transportation Safety Board is investigating.
Appearing in the January issue of Alberta Venture, Brent Usick says success comes with a lot of hard work and sacrifice. His company is the sole Wood Buffalo entry on Alberta Venture's list of the top 50 fastest growth companies in Alberta, Paramount Parts ranked 45 on the 2011 list released by the magazine in conjunction with KPMG., the list is tabulated by revenue, assets and profit increases over a three year period.
Alberta Premier Alison Redford is hoping a new pipeline will eventually be approved by the U-S government to replace the now-rejected Keystone X-L project. U-S President Barack Obama rejected the controversial line in a political dispute with his Republican opponents. Redford would not comment on political game-playing south of the border. Redford says TransCanada Corporation plans to re-apply to build the pipeline with a modified plan to be more environmentally friendly.
A scheduled meeting between local seniors and Alberta cabinet ministers involved in the seniors' long-term care facility has been cancelled — by the government. The original meeting, which had been confirmed Tuesday, was to be held 10:45 a.m. Jan. 25 at the Golden Years Society, the first day of the Leading the North conference being hosted in town and attended by a number of Alberta cabinet ministers. The seniors want to voice concerns about the recently announced changed location for the facility which has been moved to Parsons Creek from the original downtown Willow Square location.
Bank of Canada governor Mark Carney estimates the debt crisis in Europe will cost the Canadian economy about 10 (b) billion dollars this year. That takes into account such factors as fewer jobs and lower corporate profits for Canadian companies dealing in Europe. Carney says there are many Canadian companies that are delaying some projects until they see how the debt woes in Europe play out.
New research suggests many older women may be able to get fewer bone tests. The scans are recommended for women after menopause to check for bone loss. But a new study finds women can safely wait 15 years if their initial bone scan shows no big problems. The findings are published in Thursday's New England Journal of Medicine.
In Sports…
Michal Neuvirth (NOI-vihrt) made 31 saves for his second shutout of the season as the Washington Capitals beat the fading Montreal Canadiens 3-nothing. Alex Ovechkin scored as the Caps won their fourth in five games. Elsewhere, Jonathan Toews (TAYVS) scored twice on the power play as Chicago stomped Buffalo 6-2.
The N-H-L's Winter Classic may be heading toward its biggest stage yet. The University of Michigan is in talks with the league to bring the annual outdoor game to Michigan Stadium. The Big House holds 110-thousand fans for football. The Detroit Red Wings and Toronto Maple Leafs would reportedly take part in the 2013 game.
The early season slump continues for the Toronto Raptors. The team fell 96-73 to the Boston Celtics for their sixth-straight loss.

It appears the proposed Keystone XL pipeline is down, but not out.  Although the Obama Administration has rejected the proposal, TransCanada can table an amended plan that would take the pipeline away from an environmentally-sensitive part of Nebraska.  And, TransCanada, which is based in Calgary, says it will table such a plan. The proposed 27-hundred-kilometre pipeline would move Alberta crude to refineries in Texas.Prime Minister Harper says he's profoundly disappointed the Obama Administration has temporarily rejected the proposed Keystone XL pipeline. Natural Resources Minister Joe Oliver says 99 per cent of the oil Canada exports goes to the U-S.  And, Oliver says the U-S's decision demonstrates the need for Ottawa to develop new markets for Canadian oil. He points to Asia as one such market. 

Several cars of a CN train jumped the tracks in a remote area 300-kilometres west of Edmonton. CN says 11 cars loaded with coal collided with a stationary train early yesterday afternoon. One crewman was taken to hospital. The Transportation Safety Board is investigating. Appearing in the January issue of Alberta Venture, Brent Usick says success comes with a lot of hard work and sacrifice. His company is the sole Wood Buffalo entry on Alberta Venture's list of the top 50 fastest growth companies in Alberta, Paramount Parts ranked 45 on the 2011 list released by the magazine in conjunction with KPMG., the list is tabulated by revenue, assets and profit increases over a three year period.

Alberta Premier Alison Redford is hoping a new pipeline will eventually be approved by the US government to replace the now-rejected Keystone XL project. U-S President Barack Obama rejected the controversial line in a political dispute with his Republican opponents. Redford would not comment on political game-playing south of the border. Redford says TransCanada Corporation plans to re-apply to build the pipeline with a modified plan to be more environmentally friendly.

A scheduled meeting between local seniors and Alberta cabinet ministers involved in the seniors' long-term care facility has been cancelled — by the government. The original meeting, which had been confirmed Tuesday, was to be held 10:45 a.m. Jan. 25 at the Golden Years Society, the first day of the Leading the North conference being hosted in town and attended by a number of Alberta cabinet ministers. The seniors want to voice concerns about the recently announced changed location for the facility which has been moved to Parsons Creek from the original downtown Willow Square location. 

Bank of Canada governor Mark Carney estimates the debt crisis in Europe will cost the Canadian economy about 10 billion dollars this year. That takes into account such factors as fewer jobs and lower corporate profits for Canadian companies dealing in Europe. Carney says there are many Canadian companies that are delaying some projects until they see how the debt woes in Europe play out. 

New research suggests many older women may be able to get fewer bone tests. The scans are recommended for women after menopause to check for bone loss. But a new study finds women can safely wait 15 years if their initial bone scan shows no big problems. The findings are published in Thursday's New England Journal of Medicine.

In Sports…

Michal Neuvirth made 31 saves for his second shutout of the season as the Washington Capitals beat the fading Montreal Canadiens 3-nothing. Alex Ovechkin scored as the Caps won their fourth in five games. Elsewhere, Jonathan Toews scored twice on the power play as Chicago stomped Buffalo 6-2. 

The N-H-L's Winter Classic may be heading toward its biggest stage yet.  The University of Michigan is in talks with the league to bring the annual outdoor game to Michigan Stadium. The Big House holds 110-thousand fans for football. The Detroit Red Wings and Toronto Maple Leafs would reportedly take part in the 2013 game. 

The early season slump continues for the Toronto Raptors. The team fell 96-73 to the Boston Celtics for their sixth-straight loss.

 

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