The Icelandic Canadian - 01.03.1954, Qupperneq 22

The Icelandic Canadian - 01.03.1954, Qupperneq 22
20 THE ICELANDIC CANADIAN Spring 1954 day. At Port Alberni the Bloedel int- erests increased the capacity of their pulp plant. In the making are two new pulp plants on Vancouver Is- land,one at Duncan Bay, adjoining the newsprint plant, and a new develop- ment, a pulp plant, on the east coast of the Island between Victoria and Nanaimo, owned by the B. C. Forest Products—another mill to use mill and forest waste. At Prince Rupert there is a new plant built by Columbia Cel- lulose which produces 70,000 tons an- nually of high-grade cellulose pulp for shipment to rayon mills of the U.S. and Canada. May I observe here that on a visit to this plant about two years ago I met four fine young men who were employed at the plant. When I asked them where they were from, they replied, “Manitoba”. Your loss is B. C.’s gain. We need young men of that type to help to develop our Province. Most spectacular of the projects planned is the laying of a cable under the sea to the Mainland to Vancouver Island to take care of the ever-in- creasing demand for power on Van- couver Island. The underwater circuit will consist of four separate cables— three for normal operation, the other as a spare. By midsummer of 1956, 132,000 volts of electric power—enough to light two million sixty-watt bulbs— will be flashing through a cable on the sea floor of the Gulf of Georgia to link Vancouver Island to the company’s Mainland system. The construction of the Trans- Mountain Oil Pipeline from Alberta to the Lower Mainland of B. C. is completed. This will carry oil from Al- berta to the Lower Mainland of B. C., and to two new refineries being con- structed in the State of Washington. As a result of this development a new refinery is under construction at Kam- loops. The Imperial Oil Co. has a com- pleted construction of a new refinery at IOCO, and Shell and Standard Oil Companies are increasing the capacity of their refineries at Burnaby. Announcement has just been made of the shipment by The Imperial Oil Co. of four and a half million gallons of gasoline, to Japan—the first of its kind in the history of Canada. In addition we have the prospects of a pipe-line to carry natural gas from the Peace River area of British Columbia and Northern Alberta down through the centre of B. C., to the Lower Mainland and to the States of Washington and Oregon. This project will cost in the neighbourhood of 113 million dollars. There are many other projects under consideration—the development of power in the northeastern part of the Province and the adjoining Yukon Territory; the proposed Celgar Development in the Kootenays. Time does not permit a further review. How- ever, I am safe in saying that B. C. is maintaining its position with the rest of Canada in moving ahead at a very fast gait. In concluding my remarks, Mr. Pres- ident, I feel that Canada will continue to move ahead at a high rate. Much will depend on ourselves, whether we be those who labour in industry or those who have the responsibility to direct our industries. There must be a realization by all that we have enter- ed a more competitive era than the one we have enjoyed during the post- war years—lower prices in world markets, the difficulty many of our best customers of previous years are experiencing in the way of shortage of dollars create a real problem for Can- adians. Looking back over the period which I have hurriedly reviewed to-
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The Icelandic Canadian

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