Quebec gives conditional support to controversial asbestos mine’s revival – Dominion Lending Centres Clearlease

Quebec gives conditional support to controversial asbestos mine’s revival – Dominion Lending Centres Clearlease

QUEBEC – (April 14, 2011) Dominion Lending Centres Clearlease Reports Quebec is giving conditional support to a project that would revive one of Canada’s last-remaining asbestos mines — even though its own public-health experts have condemned the initiative.

A consortium of investors is hoping the province will guarantee a $58-million bank loan they say is crucial to restarting the cash-strapped Jeffrey Mine in the city of Asbestos.

Quebec’s economic development minister said Wednesday that with his government’s support the group should have little trouble completing the deal.

“Our gesture today will remove the uncertainty,” said Clement Gignac.

“We are removing the uncertainty (in affirming) that the Quebec government will continue to support the chrysotile (asbestos) industry, will continue to support the region.”

Gignac also said a $7.5-million fund will be created to help diversify the region’s economy. It will be financed, in part, on an annual basis by the mine’s anticipated revenues.

Canada’s embattled chrysotile asbestos industry — with its mining operations based entirely in Quebec — has faced widespread criticism around the world, and at home.

The directors of Quebec’s 18 regional public-health bureaus warned Gignac recently that restarting the mine would significantly increase the number of asbestos-related diseases —including cancer — among workers and in the general population.

The Canadian Cancer Society says chrysotile asbestos is responsible for more than 100,000 deaths around the world every year.

International health experts, labour groups and activists have also been urging the province to refrain from supporting the mine.

They are calling on the Quebec government to stop exports of the material to developing countries, where they say there’s no guarantee the substance is handled safely.

But supporters of the project insist chrysotile asbestos is safe to handle as long as guidelines are followed — even in the Third World.

A spokesman for one of the investors applauded the government’s decision.

“It’s obviously a step in the right direction,” said Guy Versailles, a spokesman for Montreal businessman Baljit Chadha, who has been selling asbestos for 15 years.

“We’re still working on what we have to do to bring this (deal) together.”

A relaunch of the Jeffrey Mine, which has been mostly dormant in recent years, would add another 25 years to the life of the operation. The government said it would create more than 400 full-time jobs in the central Quebec region.

Prime Minister Stephen Harper offered his support for the industry during a recent campaign-trail stop in the riding. The federal Liberals and NDP oppose the asbestos exports because of the health concerns.

Gignac admitted that Quebec could eventually toughen its regulations on asbestos.

The province’s exposure limit for dangerous asbestos fibres is 10 times higher than other parts of Canada and 100 times higher than some European countries.

“We believe that chrysotile can be used safely, but we’re not saying that we can’t have a tighter regulation,” he said.

“We’re taking note of the recommendations that have been made by the public-health agency and by doctors.”

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
###

Quebec gives conditional support to controversial asbestos mine's revival - Dominion Lending Centres Clearlease

QUEBEC – (April 14, 2011) Dominion Lending Centres Clearlease Reports Quebec is giving conditional support to a project that would revive one of Canada’s last-remaining asbestos mines — even though its own public-health experts have condemned the initiative.

A consortium of investors is hoping the province will guarantee a $58-million bank loan they say is crucial to restarting the cash-strapped Jeffrey Mine in the city of Asbestos.

Quebec’s economic development minister said Wednesday that with his government’s support the group should have little trouble completing the deal.

“Our gesture today will remove the uncertainty,” said Clement Gignac.

“We are removing the uncertainty (in affirming) that the Quebec government will continue to support the chrysotile (asbestos) industry, will continue to support the region.”

Gignac also said a $7.5-million fund will be created to help diversify the region’s economy. It will be financed, in part, on an annual basis by the mine’s anticipated revenues.

Canada’s embattled chrysotile asbestos industry — with its mining operations based entirely in Quebec — has faced widespread criticism around the world, and at home.

The directors of Quebec’s 18 regional public-health bureaus warned Gignac recently that restarting the mine would significantly increase the number of asbestos-related diseases —including cancer — among workers and in the general population.

The Canadian Cancer Society says chrysotile asbestos is responsible for more than 100,000 deaths around the world every year.

International health experts, labour groups and activists have also been urging the province to refrain from supporting the mine.

They are calling on the Quebec government to stop exports of the material to developing countries, where they say there’s no guarantee the substance is handled safely.

But supporters of the project insist chrysotile asbestos is safe to handle as long as guidelines are followed — even in the Third World.

A spokesman for one of the investors applauded the government’s decision.

“It’s obviously a step in the right direction,” said Guy Versailles, a spokesman for Montreal businessman Baljit Chadha, who has been selling asbestos for 15 years.

“We’re still working on what we have to do to bring this (deal) together.”

A relaunch of the Jeffrey Mine, which has been mostly dormant in recent years, would add another 25 years to the life of the operation. The government said it would create more than 400 full-time jobs in the central Quebec region.

Prime Minister Stephen Harper offered his support for the industry during a recent campaign-trail stop in the riding. The federal Liberals and NDP oppose the asbestos exports because of the health concerns.

Gignac admitted that Quebec could eventually toughen its regulations on asbestos.

The province’s exposure limit for dangerous asbestos fibres is 10 times higher than other parts of Canada and 100 times higher than some European countries.

“We believe that chrysotile can be used safely, but we’re not saying that we can’t have a tighter regulation,” he said.

“We’re taking note of the recommendations that have been made by the public-health agency and by doctors.”

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
###

Quebec gives conditional support to controversial asbestos mine’s revival – Dominion Lending Centres Clearlease

QUEBEC – (April 14, 2011) Dominion Lending Centres Clearlease Reports Quebec is giving conditional support to a project that would revive one of Canada’s last-remaining asbestos mines — even though its own public-health experts have condemned the initiative.

A consortium of investors is hoping the province will guarantee a $58-million bank loan they say is crucial to restarting the cash-strapped Jeffrey Mine in the city of Asbestos.

Quebec’s economic development minister said Wednesday that with his government’s support the group should have little trouble completing the deal.

“Our gesture today will remove the uncertainty,” said Clement Gignac.

“We are removing the uncertainty (in affirming) that the Quebec government will continue to support the chrysotile (asbestos) industry, will continue to support the region.”

Gignac also said a $7.5-million fund will be created to help diversify the region’s economy. It will be financed, in part, on an annual basis by the mine’s anticipated revenues.

Canada’s embattled chrysotile asbestos industry — with its mining operations based entirely in Quebec — has faced widespread criticism around the world, and at home.

The directors of Quebec’s 18 regional public-health bureaus warned Gignac recently that restarting the mine would significantly increase the number of asbestos-related diseases —including cancer — among workers and in the general population.

The Canadian Cancer Society says chrysotile asbestos is responsible for more than 100,000 deaths around the world every year.

International health experts, labour groups and activists have also been urging the province to refrain from supporting the mine.

They are calling on the Quebec government to stop exports of the material to developing countries, where they say there’s no guarantee the substance is handled safely.

But supporters of the project insist chrysotile asbestos is safe to handle as long as guidelines are followed — even in the Third World.

A spokesman for one of the investors applauded the government’s decision.

“It’s obviously a step in the right direction,” said Guy Versailles, a spokesman for Montreal businessman Baljit Chadha, who has been selling asbestos for 15 years.

“We’re still working on what we have to do to bring this (deal) together.”

A relaunch of the Jeffrey Mine, which has been mostly dormant in recent years, would add another 25 years to the life of the operation. The government said it would create more than 400 full-time jobs in the central Quebec region.

Prime Minister Stephen Harper offered his support for the industry during a recent campaign-trail stop in the riding. The federal Liberals and NDP oppose the asbestos exports because of the health concerns.

Gignac admitted that Quebec could eventually toughen its regulations on asbestos.

The province’s exposure limit for dangerous asbestos fibres is 10 times higher than other parts of Canada and 100 times higher than some European countries.

“We believe that chrysotile can be used safely, but we’re not saying that we can’t have a tighter regulation,” he said.

“We’re taking note of the recommendations that have been made by the public-health agency and by doctors.”

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
###



Site Map | Privacy Policy | XML Sitemap | Terms of Use | Equipment Lease Financing RSS Feed

© Copyright 2015 - Clearlease.com - Independently Owned & Operated
All trademarks are the property of their respective owners. All Rights Reserved.
This is not a commitment to lend. Home mortgages are subject to underwriting review and approval. This is a free no obligation service.
Yahoo®, Google®, Bing ® are trademarks of their respective owners.
REALTOR® -- A Registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics.
The MLS® is a Trademark of Multiple Listing Service, Inc.
All Commercial Mortgage and Residential Mortgage Loan Applications are processed by Dominion Lending Centres Commercial Capital Inc.
DLC® is a Trademark of Dominion Lending Centres, Inc.
All Automobile Loan & Lease Applications are funded by the Funder.
No part of this content, data or information included herein may be reproduced, republished or redistributed.


Vancouver Mortgage Leads - Residential Mortgage Leads Venacouver - FREE Mortgage Quote Vancouver
Vancouver Mortgage Leads - Residential Mortgage Leads Venacouver - FREE Mortgage Quote VancouverVancouver Mortgage Leads - Residential Mortgage Leads Venacouver - FREE Mortgage Quote VancouverVancouver Mortgage Leads - Residential Mortgage Leads Venacouver - FREE Mortgage Quote Vancouver