New state-of-the-art grain terminal coming to the North Shore

A new leading edge grain terminal planned for the North Shore will be built on a 65-acre site leased from the Port of Vancouver, immediately west of the Second Narrows Bridge.

It will speed the shipment of Western Canadian grain using a novel approach to the way grain cars are handled and unloaded.

It will use a looped railway yard that will allow trains to move in and out of the terminal without having to uncouple cars. The terminal will also allow for larger bulk vessels, allowing more grain to move with fewer, but larger, ships. The terminal will be two-to-three times faster than other grain terminals.

g3-terminal.jpg__0x500_q95_autocrop_crop-smart_subsampling-2_upscaleIn 2014, the logistical flaws in Canada’s movement of grain were highlighted when a severe bottleneck occurred, stalling grain ships in English Bay.

The bottleneck was the result of a bumper crop on the prairies in the fall of 2013, a severe winter that held up trains and a trucker’s strike at the Port of Vancouver. Farmers were stuck with operating debts; they couldn’t pay because they couldn’t get their grain to market.

Gerrand said a new terminal is needed because the amount of grain Western Canada is expected to export is growing.

The new terminal is already permitted by the Port of Vancouver. Construction is expected to begin in March 2017, with a completion date of June 2020. Once built, the new terminal will employ 50 people.

Read the full article on BIV.com.

‘Tis the season!

It’s always go-go-go here at Impact, and the holiday season is certainly no exception! Despite everybody’s busy schedules, we knew it was important to spend some time together as a team looking back on the past year and enjoying some Christmas festivities (and maybe an egg nog or two). Over the month of December we enjoyed a Secret Santa gift exchange, an amazing Christmas party at LIFT Bar and Grill, and we welcomed Deb, our newest addition, to Impactemps! We’ve been so lucky to have such a wonderful 2016, and we can’t wait to see what 2017 has in store. From all of us at Impact, have a very happy holiday season and a wonderful New Year!

 

Goldcorp plans to develop first all-electric mine

Vancouver-based mining company Goldcorp Inc. (TSX:G; NYSE:GG) is causing a stir in the industry after announcing plans to develop an all-electric mine.

Located near Chapleau, Ontario, 160 kilometres west of the company’s Porcupine mine, the Borden mine site will be the future home of North America’s first fully electric mining operation.bordenmine-goldcorp.jpg__0x500_q95_autocrop_crop-smart_subsampling-2_upscale

“Governments around the world are signing on to different agreements to reduce greenhouse gas [GHG] emissions,” said Brent Bergeron, Goldcorp’s executive vice-president of corporate affairs and sustainability. “What we are trying to do is say, ‘How can we, as a company, be leaders alongside government?’”

With the removal of diesel-powered equipment from underground mines, the need for ventilation is dramatically reduced and environments are far safer for industry workers.

Goldcorp stands to eliminate roughly 50% of total GHGs, or 5,000 tons of carbon dioxide per year, at the Borden mine by going electric only. The implementation of clean technology will save three million litres of diesel fuel, one million litres of propane and 35,000 megawatt hours of electricity every year.

Read full article at BIV.com.

Shaw’s partnership with Mobi bike-share is a win-win deal

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Shaw Communications Inc.’s decision to partner with Vancouver’s Mobi by Shaw Go bike-share program for at least five years is a win-win deal, according to marketing professors.

Although the Calgary-based telecommunications giant is not revealing how much it is spending to wrap Mobi’s nearly 1,500 bikes with Shaw branding and provide the system’s 94 current stations with Wi-Fi, observers say the move is strategically smart.

Not only does Shaw get to associate its brand with an initiative that many view in a positive light, it also gets to put its brand on a swarm of moving billboards and connects the brand with a demographic that is likely to buy Shaw products such as mobile phone plans and Wi-Fi.

“They’re really painting themselves the right colour here and showing that they care about social equity,” said Simon Fraser University Beedie School of Business marketing professor Lindsay Meredith.

Read full article on BIV.com.

Canada’s economy grows 3.5 per cent in third quarter, beating expectations

The Canadian economy grew 3.5 per cent during the third quarter, bouncing back from the second quarter slump brought on by last May’s Alberta wildfires.

The economy grew 0.9 per cent during the quarter, equivalent to an annualized rate of 3.5 per cent. That rebounds from the 1.3 per cent decrease in the second quarter, and it beats economists’ average expectations of a 3.38 per cent gain.

“Exports of energy products, rebounding from a second quarter decline, boosted growth,” StatsCan said. Exports of goods and services rose by 2.2 per cent during the third quarter, reversing a 3.9 per cent decline in the second quarter.

“Growth was driven by a 6.1 per cent increase in the energy sector, following a 5.1 per cent decline in the second quarter as a result of the Fort McMurray wildfires,” StatsCan said.

Exports of goods were up 2.3 per cent, while service exports advanced 1.4 per cent. Stephen Poloz, governor of the Bank of Canada, earlier this week touted service exports as key to returning Canada’s economy to full capacity.

Read the full article on Financial Post.