Is China Western Canada's new best friend?

Feb 8, 2011 | Posted by: roboblogger | Full story: Vancouver Sun

Two Chinese little boys perform a lion dance at a temple fair to celebrate the Lunar New Year of Rabbit on February 4, 2011 in Beijing, China.

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New China

Wuhan, China

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#1
Feb 9, 2011
 

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yes
ex-dv

Surrey, Canada

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#2
Feb 9, 2011
 

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ch!nks suck lol:(
Vet

Shenzhen, China

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#4
Feb 10, 2011
 

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Somebody here has an inferiority complex but I dont think its the Chinese...
Action

Sydney, Australia

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#5
Feb 10, 2011
 

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Gastown rebel wrote:
There isn't a corner of the world that hasn't seen a ch!nk yet.
They all have seen enough to know how redundant and inferior you yellow skinned slit eyes are. Little copy cat monkeys, forever trying to drown your inferiority in wealth.
your racist and hate mail has been referred to Topix for actions.
bleu

Surrey, Canada

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#6
Feb 10, 2011
 

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i may have a complex or two but at least i'm not a slimy little ch!nk:))
Idolatry

Toronto, Canada

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#8
Feb 10, 2011
 
Real Chinese

San Francisco, CA

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#9
Feb 11, 2011
 

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Look I do not like Chinese either but I do not resort to name calling. But my reason is a number of my relatives and friends have lost jobs to China due to them using tricks and evil deeds.
RayH

United States

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#10
Feb 13, 2011
 

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Real Chinese wrote:
Look I do not like Chinese either but I do not resort to name calling. But my reason is a number of my relatives and friends have lost jobs to China due to them using tricks and evil deeds.
Hey Snowflake: Finally, the truth comes out?
Cana

Canada

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#11
Feb 13, 2011
 

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Canada has for decades worked hard to develop friendly ties to China.

Chrétien trade tours helped to start, and then cement our commitment to China.

Now both Countries are benefiting from that mutual effort!
i just came

Pickering, Canada

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#12
Feb 13, 2011
 

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i just came back from china. i feel australia is the best western friend of china. australians are more acceptable than anyboy else from west in china.
lalala

Anonymous Proxy

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#13
Feb 13, 2011
 

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if you ever know how dirty and messy and polluted China is, you probably don't want to be its best friend.

the Chinese regime is very corrupt and the Chinese culture is generally greedy, selfish, cold and corrupt.

a Canada that is sucking the balls of such a dirty China is, cheap and dirty too.
Sentinel

Moncton, Canada

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#14
Feb 13, 2011
 

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lalala wrote:
if you ever know how dirty and messy and polluted China is, you probably don't want to be its best friend.
the Chinese regime is very corrupt and the Chinese culture is generally greedy, selfish, cold and corrupt.
a Canada that is sucking the balls of such a dirty China is, cheap and dirty too.
Haven't you got a shooting to be involved with in Chicago tonight?

Can't be that dirty here when we usually have 3 to 4 cities in the top 20 list of best cities in the world(quality of life). I just checked one list....your sh*thole was #45
mer

Pickering, Canada

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#15
Feb 14, 2011
 

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lalala wrote:
if you ever know how dirty and messy and polluted China is, you probably don't want to be its best friend.
the Chinese regime is very corrupt and the Chinese culture is generally greedy, selfish, cold and corrupt.
a Canada that is sucking the balls of such a dirty China is, cheap and dirty too.
china does has pollution which is caused by infrasture construction. china is a modern country now and on the way to become a great country.
Spy vs Spy

Toronto, Canada

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#16
Feb 14, 2011
 
Cana

Canada

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#17
Feb 14, 2011
 

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lalala wrote:
if you ever know how dirty and messy and polluted China is, you probably don't want to be its best friend.
the Chinese regime is very corrupt and the Chinese culture is generally greedy, selfish, cold and corrupt.
a Canada that is sucking the balls of such a dirty China is, cheap and dirty too.
Yes you are right China has many problems, but so does Canada.

Stopping trade will not solve either of our problems,it would in my estimation make things worse.

China is developing very fast, faster than any previous Nation; so there are going to be mistakes.
Canadas' job is to help anyway we can!

Are you an out of work wiget maker?
RESISTANCE IS FUTILE

Maple Ridge, Canada

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#18
Feb 14, 2011
 
Americans give no respect to the Canadians anyways...

PetroChina’s $5.4-billion gas investment a portent for future

Energy Minister Steve Thomson sees joint venture as another step toward eventual offshore shipments

By DERRICK PENNER, Vancouver Sun February 14,

PetroChina is following through on its goal to work with Canadian oil and gas companies by proposing to buy half of EnCana Corp’s Cutbank Ridge natural gas field.Photograph by: Handout, HandoutThe potential for British Columbia to develop an offshore export market for its swelling natural resources was given a considerable boost last week with PetroChina’s announcement it wants to spend $5.4 billion to buy half of EnCana Corp.’s Cutbank Ridge resource in the province’s north east.

In the short term, the deal — the biggest investment to date by a Chinese company in the North American energy sector — is about finding capital to develop gas fields at a time when low commodity prices aren’t providing companies with enough cash flow to do it as quickly as they want to.

PetroChina, in its news release, said it expects the joint venture to “unlock greater value for our shareholders, and will strengthen the competitiveness of [the] Canadian natural gas business.”

“For years, PetroChina has been looking for opportunities to work with major Canadian oil and gas companies in areas including LNG and oilsands in Canada, and projects in China,” the company added.

In the long term, however, B.C. Energy Minister Steve Thomson sees it as another step toward eventual shipments offshore.

Thomson noted that Apache Canada and EOG Resources are moving toward a final construction decision for their proposed KM LNG natural gas liquification plant at Kitimat, which would be key to opening exports.

“I think this investment helps move those projects forward as well as to make sure there is that opportunity to open up those markets to us,” Thomson added.

Thomson said the industry is suffering through a period of low domestic natural gas prices and modest prospects for growth in the North American market.

“But the opportunity for the industry in China and the Asia Pacific is very significant,” he said.

Encana spent nine months working with China National Petroleum Company, PetroChina’s parent company, to come up with a joint venture to develop its resources.

The PetroChina deal is still subject to a foreign-investment review by Industry Canada, but Alan Boras, EnCana’s vice-president of media relations said their goal was clear.

Boras said the Cutbank Ridge field, has “tremendous potential, but given [natural gas] prices and the cash flow we’re able to generate, we can develop that at a certain pace” Boras said.“We want to accelerate that pace because we believe [that is] best way to bring additional value to [Cutbank Ridge].”
RESISTANCE IS FUTILE

Maple Ridge, Canada

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#19
Feb 14, 2011
 
And to do so, Encana needed an outside investor for what the industry calls a “farm in” agreement, as it has done in the past.

“This is certainly the largest,” Boras added.

And while exports weren’t explicitly part of their discussions, Encana CEO Randy Eresman, during the company’s fourth-quarter conference call with analysts, acknowledged that the potential to export gas likely influenced PetroChina’s decision.

“I fully understand and appreciate the desire of PetroChina to link up with LNG in North America,” Eresman said.“We’ve thought about the need for LNG export capacity in North America. More specifically, we think there’s an opportunity with Asian players who demand more natural gas in their energy portfolios.”

Industry analyst Gordon Currie, with the firm Salman Partners, said Asian countries, China in particular, have some pretty big reasons to seek out gas supplies.

“They’ve obviously got a growing economy and growing energy needs of their own,” Currie said.“They can meet them with coal, or meet them with oil, but gas would be the most environmentally friendly option.”

Currie added that Asia and Europe’s existing natural gas supplies are expensive, so developing a relief valve for North America’s glutted market would be helpful on both sides.

“If we could move gas around the world more freely the way we do oil, it would probably bring the prices down in Europe [and Asia], but bring prices up in North America,” Currie said.

And that, Thomson said, would help the province in terms of the royalty revenue it receives from what is a Crown resource.

“Royalties relate to the market,” he said.“We’ve got a royalty program that facilitates investment, then as markets improve and grows, the royalty level adjusts and [revenues] improve to the province.”“We’re obviously, as a province, interested in seeing new investment from Asia, and the opportunities for the industry come to fruition.”
funny

Vancouver, Canada

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#20
Feb 14, 2011
 

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mer wrote:
<quoted text>
china does has pollution which is caused by infrasture construction. china is a modern country now and on the way to become a great country.
i know you are chinese, why don't you just go back to your 'great' country?

other countries have infrastructure constructions too, other countries have cars too, why are not these other countries as polluted as China is?

and i don't think Chinese like you who keep bragging are any good to Canada.
funny

Vancouver, Canada

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#21
Feb 14, 2011
 

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Cana wrote:
<quoted text>
Yes you are right China has many problems, but so does Canada.
Stopping trade will not solve either of our problems,it would in my estimation make things worse.
China is developing very fast, faster than any previous Nation; so there are going to be mistakes.
Canadas' job is to help anyway we can!
Are you an out of work wiget maker?
so? i guess most of Canada's problems come from China stealing jobs and wealth and sending too many immigrants.

China is developing faster than any previous nation? are you kidding? that is because China's a slavery regime+thief and the western negligence. if you are allowed to steal from any banks, malls, take whatever you like without being punished, i think you'll become billionaire overnight too.

you are yet another Chinese hiding in Canada, there are too many of your kind already, Canada doesn't need you, and you are NOT welcome, why don't you go back.
mer

Pickering, Canada

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#22
Feb 14, 2011
 

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funny wrote:
<quoted text>
i know you are chinese, why don't you just go back to your 'great' country?
other countries have infrastructure constructions too, other countries have cars too, why are not these other countries as polluted as China is?
and i don't think Chinese like you who keep bragging are any good to Canada.
the scale of chinese infrastructure constructions is beyond your imagination. 15 years ago, a city only had 0.6 million residents; now it has more than 4 millions.

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