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06-20-2016, 12:51 PM
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Join Date: Sep 2015
Location: Southern Alberta
Posts: 1,786
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So long Grande Cache
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Common sense is so rare these days, that it should be considered a super power.
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06-20-2016, 05:56 PM
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Join Date: Aug 2013
Location: The Bush
Posts: 2,803
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Not good, I love that place
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06-20-2016, 06:37 PM
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Banned
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Join Date: May 2007
Posts: 17,789
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The downturn in oil prices seems to have hit them as well.
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06-20-2016, 06:37 PM
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Gone Hunting
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Join Date: Feb 2009
Location: Lougheed,Ab.
Posts: 12,736
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When the coal companies sue for the losses they will suffer and penalties incurred for breaching long term supply contracts...I wonder who they will sue?
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The future ain't what it used to be - Yogi Berra
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06-20-2016, 08:50 PM
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Join Date: May 2007
Location: Central Alberta
Posts: 21,399
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Beautiful place, Canmore of the future ?
Grizz
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"Indeed, no human being has yet lived under conditions which, considering the prevailing climates of the past, can be regarded as normal."
John E. Pfeiffer The Emergence of Man
written in 1969
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06-20-2016, 08:51 PM
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Banned
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Join Date: May 2007
Posts: 17,789
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Quote:
Originally Posted by Grizzly Adams
Beautiful place, Canmore of the future ?
Grizz
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Haha...I just puked. 
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06-20-2016, 08:52 PM
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Join Date: Apr 2008
Posts: 2,957
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I wonder why Kristy Clarke and B.C. is not advocating to shut down their coal mines. I fear what is happening in Alberta is more about politics and less about green house gas.
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06-20-2016, 09:01 PM
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Join Date: May 2011
Location: Grande Cache
Posts: 690
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Yup, losing a lot of people and taxes have been go up every year for the last several years. It seems the normal family is paying $2500-$3000 or more if they have a nice house. Mobile homes on a rented lot are $700-$1000. I don't even want to know what businesses are paying for taxes. A lot of people have been extremely vocal about the tax rates this year.
It is going to be interesting to see how this turns out.
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06-20-2016, 09:26 PM
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Join Date: May 2012
Posts: 1,692
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Actually ...
the Grande Cache variety of coal mine has lost viability a number of times. In the 80's Smoky River Coal went through CCAA and bankruptcy which ended up with a large coterie of unpaid creditors, the town half empty, and each effort to make it viable has failed. It has little or nothing to do with issues with coal in general.
In the late '80s there were fairly new basic 30 unit apartment buildings in Grande Cache which were near abandoned - 6 units out of 28 occupied in one case I saw - very smart TO investor bought one such building I know of from ASHC (after foreclosure) for relative peanuts (under $400,000 as I recall) and probably did rather well on it down the road when things came back (?).
What they are proposing is probably pretty responsible and smart, considering how one's average town council, in "retain our little power-base mode" would wait until they are utterly bankrupt to do the same (?). They would become a "special area" in the MD of Greenview (like Sherwood Park in Strathcona County, or Fort McMurray in Wood Buffalo - they are no longer separate MD's) and consolidate all municipal services under one governing body for the entire region. Much more efficient and less duplication of government. Share the "urban" extra burden equally thoughout the region that uses its special services (retail facilities, recreation facilities, etc.).
Makes very good sense to me but ....?
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06-20-2016, 09:53 PM
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Join Date: Dec 2011
Location: Alberta
Posts: 621
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GC has metallurgical coal not thermal coal. They are
effected by the world price of steel not the price of energy
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06-20-2016, 10:18 PM
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Banned
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Join Date: Mar 2009
Posts: 5,296
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Quote:
Originally Posted by artie
I wonder why Kristy Clarke and B.C. is not advocating to shut down their coal mines. I fear what is happening in Alberta is more about politics and less about green house gas.
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Ok this is a troll response.
Some of the coal power plants in Alberta are user friendly.
So I am concerned that we as people who populate Canada are not looking at the big picture?
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06-20-2016, 11:06 PM
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Join Date: Nov 2009
Location: East Central Alberta
Posts: 8,315
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Quote:
Originally Posted by schmedlap
the Grande Cache variety of coal mine has lost viability a number of times. In the 80's Smoky River Coal went through CCAA and bankruptcy which ended up with a large coterie of unpaid creditors, the town half empty, and each effort to make it viable has failed. It has little or nothing to do with issues with coal in general.
In the late '80s there were fairly new basic 30 unit apartment buildings in Grande Cache which were near abandoned - 6 units out of 28 occupied in one case I saw - very smart TO investor bought one such building I know of from ASHC (after foreclosure) for relative peanuts (under $400,000 as I recall) and probably did rather well on it down the road when things came back (?).
What they are proposing is probably pretty responsible and smart, considering how one's average town council, in "retain our little power-base mode" would wait until they are utterly bankrupt to do the same (?). They would become a "special area" in the MD of Greenview (like Sherwood Park in Strathcona County, or Fort McMurray in Wood Buffalo - they are no longer sepgreat Rec Center and arate MD's) and consolidate all municipal services under one governing body for the entire region. Much more efficient and less duplication of government. Share the "urban" extra burden equally thoughout the region that uses its special services (retail facilities, recreation facilities, etc.).
Makes very good sense to me but ....?
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GC and the coal operation has been up and down like a yo yo from the beginning. I was principal at the Jr-Sr High School between 1973 - 1977 and also served on Town Council. The town was carved out of the wilderness in 1969 ...and was in many ways a model town with paved streets, Rec Center, Indoor pool. And at that time a population bounced between 3200-4000 with a thousand kids in school. A pile of money to run and by now, the original infrastructure must be getting a bit weary.
At that time, access to the back country was completely open. Moose, elk caribou, grizz ...and dolly varden in every stream.
Last edited by 260 Rem; 06-20-2016 at 11:11 PM.
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