@ P999MM P999mm et al.,
Your post makes sense in theory, but the Dix Dips have announced that they will kibosh the Northern Gateway Pipeline. If he wants to create jobs, then why is he saying 'No' to over 3,000 high-paying construction jobs and 500 new long-term jobs upon completion (see p. A14 in 26-Sep Times Colonist)?
Dix Courts Critics at Vancouver Board of Trade (CBC, 18-Sep)
"After listening to Dix, Philip Hochstein, of the Independent Contractors and Businesses Association of B.C., predicted personal income taxes will go up and regulatory burden will increase under an NDP government.
"It's going to be harder to do business and create jobs in British Columbia if he gets elected," Hochstein said.
Dix tried to make light of the divide, but winning business votes will be a hurdle for the NDP in the election scheduled for May 14, 2013.
The Coalition of BC Business released a survey of more than 600 small business that found 68 per cent believed a New Democrat government would increase challenges and barriers to doing business.
Mark von Schellwitz, chairman of the coalition, said three-quarters of the businesses surveyed are concerned about their ability to hire and invest if the NDP wins the election."
I expect that many informed Stockhouse lurkers share my opinion that we are entering a major economic downturn that will last several years, and one of the cardinal rules of intelligent economic policy is that you NEVER HIKE TAXES IN A RECESSION, but that is PRECISELY WHAT DIX SAYS HE IS ABOUT TO DO. (He said it again today Sept. 26 at the Union of BC Munipalities convention in Victoria.)
Marxist tax-and-spend NDP policy notwithstanding, we also have another powerful force to deal with: Agenda 21. Thousands of generic form letters parroting "Green" Agenda 21 rhetoric are being submitted to the Northern Gateway Review Panel. Maybe Dix is trying to pander to that "Green" vote. How he intends to reconcile union interests vis: job creation with the interests of the BANANAS (build-nothing-anywhere-near-anyone loincloth-wearers) is beyond me.
Here's another conundrum: he says he's going to clamp down on the import for foreign workers. But we are finding employers in numerous industries are unable to find locals who will accept jobs. obvious example is orchard operators who cannot get students to take $12/hr picking fruit. It's bizarre. If we can't use labor from Mexico etc., who's going to pick the fruit?!?
I digress. Others have pointed out that fundamentals for this sector in the global context are glowing, and that will no doubt buoy the shares regardless of royalty, labor and other local issues.
I have no respect for someone who posts innuendo re: Sprott but cannot provide one single specific. Unless/ until the poster can do that, it's just something to IGNORE.
Rgds