You are presumed to be honest and responsible without evidence to the contrary beyond a reasonable doubt… on the balance of probablilties you are justified by 51 % likelyhood.
The music in the park completed its schedule last Thursday with Amanda Lamothe and her Indigenous story telling show. Next summer we are hopeful for better conditions.
On this Day: September 9th 1972
The world longest cave network is found in Kentucky.
The net income in the second quarter increased by 33.3 million to 63,1 million, over doubling from the second quarter last year. The quarter generated a 10 million dollar tax liability due to increased income.
Two consistent quarters
Net income for the six-month period ended June 30, 2021 increased by $59.4 million to $114.4 million, as compared to $55.0 million in the same period of the prior year. The increase is mainly due to the $81.3 million increase in equity AFUDC, due to spending on the Expansion Project, partially offset by the $19.3 million increase in income tax expense, due to higher pre-tax income, the $2.2 million increase in interest expense, and the $2.0 million decrease in Adjusted EBITDA.
TMX
EBITDA
A company’s earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, pronounced) is an accounting measure calculated using a company’s earnings, before interest expenses, taxes, depreciation, and amortization are subtracted, as a proxy for a company’s current operating profitability (i.e., how much profit it makes with its present assets and its operations on the products it produces and sells, as well as providing a proxy for cash flow).
Two quarter increase due to customer funded equity.
Customer Income toward construction, is not moved to inventory or assets, and will eventually go to capitalization.
Who is the customer.
Trans Mountain moves oil by tariff, The 12 billion dollar (funding) cost of construction of the expansion should end up as capitalized expenses and will be written off against taxable income on a scaled annual basis and rate. Meaning that if it is ever sold the deprecated rate will be subject to recapture at a selling price that morally, should shadow fair market value or better, a profit for the Canadian taxpayer when they sell..
On this Day: August 7th 2021
The first post Afghanistan war, American purple heart day is observed.
Trans Mountain Expansion,, TMX is a pipeline that is a twinning of an existing one that comes from the Edmonton Alberta area and brings Alberta crude west through Burnaby to refineries in the US that process and distribute oil products into the free market. Trans mountain works on a tariff system that it charges producers to transport the crude to destinations. They do not own the oil.
Know as the trans-mountain apartments, Merritt BC File Photo KDG
Owned by the Government of Canada.
The 60 year oil company that was the Trans Mountain Pipeline was bought the Trudeau Government from US investors to ensure that the national interest of its bringing oil from Alberta was secure against the “oppression of the majority” and other dynamics of the provincial interest of big against small, wealth transfer, strategic supply of the needed chemicals for energy, food , medicines, and the sovereign Canadian ability to mange its own.
Trans Mountain pipeline was commissioned in March 1951, after an act of the Canadian Parliament created it.
Trans mountain pipeline was born in the public interest, moved in and out of public control over its life time and at this time remains steadily in Canadian public control, at least until completion of and the maturity of its role in the supply line. The standards of construction and maintenance may exceed what is generically called an oil pipeline elsewhere in the world, which is good we believe. The following videos are produced by Trans Mountain however they are film and can be easily verified by interested.
Climate Change Emergency.
The discourse of the current federal election has some candidates calling global warming as an emergency situation. We agree that the demands of human population is making for all kinds of emergency situations and they all need attention. The carbon thing is to be addressed by emissions controls after use and requires industry to do it if other needed dynamics are not to be neglected.
Insurance
Some are calling for the insurance industry to not give insurance to the TMX operations, in an effort to stop the construction. We have not researched who may be providing insurance to the operations. However for those that find comfort in the fact that insurance company’s often partner by under writing projects we would remind you that the Canadian Government self insures its operations as do some large corporations and because the TMX operations are government owned its a mute point to try to undermine its construction by that kind of boycott
Sense of place
The way the expansion and indeed the continuation of life on earth should not violate our peoples sense of place or belonging.. Three generations have come along of people that directly benefited from Trans Mountain operations, sense of place is well established with these, we hope that those that are not at arms length will try to and speak out when needed, to support the good things, that may come to the people in the macro sense.
Emergency assistance to keep the health and safety of workers.
Trans Mountain is available to assist in wildfire management in BC.
We have offered the use of our camp communities in Merritt and Clearwater for evacuees and are currently housing evacuees and firefighters working in the area in our Merritt facility. In Kamloops, work was stood down in Kenna Cartwright Park and Pineview Park areas as requested by the City of Kamloops, with team members helping to mitigate fire risk by wetting and cutting grass in areas under active construction for the Expansion Project. Trans Mountain also supported the Robson Valley Fire Service response efforts with a skidder and water tank after a fire ignited in the North Thompson region.
TM Today
Merritt BC Camp
The Merritt Camp Community is a self-sufficient site connected to power with on-site water and sewer infrastructure. The camp community will house up to 400 people working on the Trans Mountain Expansion Project and is operated by Civeo through a joint venture partnership with the Lower Nicola Indian Band.
Trans mountain pipeline has a variance effecting it route through the Nicola Valley.
Canada Energy Regulator West Alternative Route Decision
On July 19, 2021, the Commission issued its decision to approve Trans Mountain’s variance application for the West Alternative Route, which is located in the Coldwater Valley area of British Columbia. The West Alternate Route is approximately 18 kilometres long, deviating from the approved corridor at Kilometre Post (KP) 931.43 and rejoining the approved corridor at KP 946.88.
Deer season and ruffled grouse ( Id be ruffled if there was open season on me)!: start open season mid August in some areas. However limited entry draws were drawn in mid June and may still be of use during emergency wildfire activities. The best laymen advise we have is to stay out the bush.
Ponderosa sports
The people of Ponderosa sports in Merritt have knowledge and will ML tell you to check the guide and Covid-19 restrictions on line as well as emergency conditions. Its common sense that putting yourself or workers in unnecessary danger can be a lot of trouble.
Click on photo below for you tube music app new releases
Deer is where you find them, but are they in season, no firearms in municipal boundaries, File photo KDG
Today is world nature conservation day.! It is a declaration of the United Nations assembly and observed by it’s members.
The purpose is to have people commit to preserving plants and animals from going extinct. “Every individual” needs to do this to ensure natures survival, in the view of the organization.
April 20th 2016 in the shade at Merritt downtown. The 30 Celsius was-3 degrees over the recorded record of 27.1 Photo KDG
47 Degrees C at 2:15 today…
According to the 14 day forecasters the over night lows will be moderating starting tonight .
5 years ago…
Temperature in April was averaged 19’1 C, this year, Five years ago the average April temperature was 15.7. The extreme April 2016 was 29.7 April’s extreme this year was 26.4 down 3 degrees. The June 2016 average was 23.5 with an extreme of 34.9, June 2021 average temperature was to yesterday 26.8 with 44.5 being the extreme. If todays forecast of 48 C is right it will bring it up to a record. With a full 10 degrees jump in the June 2021 extreme over 5 years ago it should be noted as significant.
On this Day: June 30th 1997
Hong Kong goes back to China after the lease runs out.
The public health people are quite pleased in the way immunizations is going and are suggesting that the variances that they are they are familiar with are within their scope of good health public health measures going forward through the summer and into the fall.
![The enchanted fountain [explored 2026/10/29]](https://live.staticflickr.com/65535/55558298283_c3e6c29215_s.jpg "The enchanted fountain [explored 2026/10/29]")
Kevin Griffiths
percypaschal
