WEDNESDAY AUGUST 24 2016
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Little support for pipeline, MP says North Van residents oppose expansion, panel hears
BRENT RICHTER brichter@nsnews.com
The residents of Burnaby North-Seymour, “arguably the most impacted riding in the country,” stand opposed to the Trans Mountain pipeline expansion to Burrard Inlet, according Liberal MP Terry Beech.
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Beech made the statement to Natural Resources Canada’s ministerial panel, which is holding meetings along the proposed pipeline’s route to gather stakeholder and public feedback. Their report will be used to help inform the Trudeau government’s decision on whether or not to greenlight the pipeline. Beech presented to the panel Friday morning summarizing the months of feedback he’d listened to and study he’d done into the proposal. “My first job as an elected official is to understand how constituents in Burnaby North-Seymour feel about this project. This is important because I promised through the election campaign that I would be the voice of the community in Ottawa and not Ottawa’s voice in the community,” he said. “After speaking with tens of thousands of individuals, including local, provincial and indigenous representatives, I can tell you with confidence that the people of Burnaby North-Seymour, on balance, stand opposed to this project and that the
#623
Keep ‘em Guessing
Trixie Turner
Squamish Nation members Jamie Antone, Kristine Jones Nahanee and Clarissa Antone make their presence felt at the Trans Mountain ministerial panel hearing held at District of North Vancouver hall on Aug. 19. PHOTO MIKE WAKEFIELD community does not grant its permission for the project to proceed.” The comment drew applause from residents and activists watching in the gallery at District of North Vancouver municipal hall. But Beech added, “the spectrum of support is more broader and nuanced than a simple yes or no answer,” with many people supportive with conditions or raising concerns but not rejecting the pipeline outright.
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SECURITIES COMMISSION
West Van stock promoter gets lifetime ban JEREMY SHEPHERD jshepherd@nsnews.com
A West Vancouver resident who posed a “grave risk” to B.C.’s stock market has been banned for life by the B.C. Securities Commission.
Gordon Brent Pierce, 59, was barred from B.C.’s capital markets recently, owing to a long history of
dealings in both Canada and the United States. “Pierce’s lack of honesty and transparency makes him a very grave risk to the investing public,” noted the BCSC panel’s decision. Pierce, who once owned a $9.8-million mansion in Altamont, was first investigated by the BCSC in the early ’90s. After the investigation, Pierce agreed not to
work as a director or officer for any publicly traded B.C. company for 15 years, beginning in 1993. Pierce was later sanctioned by the U.S. Securities and Exchange Commission for securities related misconduct relating to his involvement with Lexington Resources, Inc., which was purportedly an oil and gas exploration company whose
office was run out of another company’s office in Blaine, Wash., according to a 2014 U.S. Securities and Exchange Commission ruling. Pierce promoted the company by sending out millions of spam emails and newsletters through his publishing company while Lexington issued a “flurry of optimistic
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