- December 22, 2011 - 19:46
Kudos to OCI for making a sound business decision. And kudos to the government to allow the market forces to dictate what happens in the industry. This should have happened a long time ago.
- December 09, 2011 - 17:51
Stop putting these stories about the fishery and the fish processors in the 'Business' section...'businesses' are precisely what they are not, and haven't been since politicians realized years ago that they could manipulate and screw around with outport voters. Having a business degree and working in management at a fish processing company in Newfoundland must surely feel like being sentenced to hell.
- economically devastated
- December 09, 2011 - 14:27
"There’s a lot of Newfoundland and Labrador families who are heartbroken with the outcome. They’re facing economic devastation " Try going to an expensive graduate business school only to improve your job prospects only to be faced with reduced pay, or leaving the province. So Im in the same boat only I have less assets, way more debt, and I don't have a union helping me out. I'm not crapping on the plant workers here...we are all part of the 99%. But I have to pay my way, I don't mind saying that they should too.
- December 08, 2011 - 07:21
The workers are being treated with dignity. The province is letting them deal with the consequences of their actions. If the province was treating the workers without dignity and respect they would step in like mommy, wash away those tears and fork out for more candy at the grocery store. I don't like people being out of jobs either but if you use tax dollars (mine) to pay for the plant and workers you may as well just stick the lot of them on welfare until they get a productive job. By productive job I mean one that pays for their shares of services received - roads, medical care, schools, local government and policing, welfare, workers comp, unemployment etc. If you pay in 2000 dollars a year and take out 3000 you are not providing. Never mind the administrative costs...
- Ron Taylor
- December 07, 2011 - 09:21
The problem here is overcapacity, almost every NL MHA has a fish plant is hi/hers backyard and no one wants to have their plant close and saying it should is political suicide, everyone knows this. The problem is further compounded by the fact Newfoundland is a province, not a sovereign nation and has to contend with the Government of Canada trading away our fishing rights to the Europeans in return for other trade considerations, this might be good for the country but not for Newfoundland and Labrador. In the end these plants and the size of the fishing fleet will be gradually reduced to the point where it is financially viable which in the case of NL means many more years of downsizing in the fishery. The solution lies in planning now for a post wild fishery economy in the province and focusing on new opportunities that will keep rural Newfoundland and Labrador alive and well.
- December 07, 2011 - 07:37
Mr. McCurdy says the govt has to step in, i quess he means that the govt should keep the plant open and pump money into a loosing operation. He says the Co. must step in, they tried to run it and lost millions. Mr Synard says the Govt and Co must do something. The Co has offered financial assistance, When will the union and Council offer financial assistance. Maybe its time for the union and Council to buy the plant and run it as a co-op without govt assistance. I feel very bad a whats happened to these workers as do all newfoundlanders who if asked would help financially. When will Mr McCurdy and Mr Synard step in.
- December 07, 2011 - 13:46
I just don't understand these people. No common sense what so-ever. What to other companies do when their losing millins per year? They close down, and their employees have to find other employeement. Based on what you see on the news and papers, there are companies out thre screaming for workers, so what's wrong with these people. What makes them any different than any other Newfoundlander that losers their job. Why should they get special treatment. All they what is handouts. They are always looking for someone else to blame. It just amazes me!