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Originally Posted by cdnguys
Great questions. Unfortunately I feel AIM will fight this in the courts and tie up the site for years. The port is demanding the site be cleaned of toxins. Who has the authority to tear down the building. It’s a complicated legal rat’s nest. We still have no info on lease termination, or will they leave voluntarily?
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Not in the know, but here's my layman's take.
I presume AIM will want to keep their shredder and associated machines, so they'll dismantle it and move it out by rail or truck. AFAIK it suffered no damage. Their small office building southwest of the tracks is also fine. No idea what the port will do with it- it doesn't seem to be in the way. There's really not that much infrastructure there.
Lease termination probably won't come until after judicial review. Taxpayers (AKA the feds AKA Albertans) will likely eat the bill. Presumably the Port, DP World, the feds, and hopefully the province/city, will bill them or sue them. A class action lawsuit should be filed too. There's got to be a competent lawyer around here who'd take it on.
The Moncton and Rothesay Avenue yards will probably continue to operate. They predated the waterfront shredder and are just collection points. Risk of catastrophic fire and explosion are quite low there. Saint John generates a lot of scrap and it's in nobody's interest to send it to the dump. I forget whether it was AllAtlantic, CBC, or the TJ, but one of them interviewed a few independent scrapyard operators, and they're not thrilled about the incoming heavy-handed regulation when they've done nothing wrong and aren't particularly risky. Whether it'll be under the AIM name... who can say.
Lastly-- would Shediac (the new lords of Scoudouc) or Belledune (or Sydney) even WANT this? Does the port even want the scrap loaded onto ships here? Or does the whole operation vanish?
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