Monday, November 5, 2018

Ridley Terminals Sale Notice has MP Nathan Cullen calling for more details on government's "rushed timeline"

Today's announcement from the Canadian Development Investment Corporation listing Ridley Terminals as up for sale has captured the attention of the MP for the region, with Skeena-Bulkley Valley MP Nathan Cullen taking to his social media feeds on Monday to express his concerns over the way the sale is being presented.

As we outlined earlier today, the Federal Government is using the investment corporation as its listing agent to sell off a 90 percent stake in the resource shipment terminal in Prince Rupert, with 10 percent of the ownership to be turned over to the Metlakatla First Nation and the Lax Kw'alaams Band.

Mr. Cullen through both Facebook and twitter today outlined some his observations on the government move, referring to the Investment Corporation notice as one from an obscure website and suggesting that it was a move similar to how the Conservatives previously handled attempt to sell off the publicly owned facility to the private sector.



The Skeena-Bulkley Valley MP made no mention of the ten percent share to be provided for the North Coast First Nation communities, while calling for more information on the proposed sale and  suggesting that the desired completion date of the summer of 2019 is that of a rushed timeline.

Mr. Cullen's initial salvo in the discussion over the fate of Ridley Terminals, mirrors many of his concerns from August when he offered up this overview of the announcement by the Federal Government that it was considering its options when it comes to the future of the shipment terminal facility on the North Coat.

For more items of note related to Ridley Terminals see our archive page here.

Further notes on the work of Mr. Cullen in Ottawa can be reviewed from our House of Commons archive page.

To return to the most recent blog posting of the day, click here.

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