Quote:
Originally Posted by GUB
I agree.
Irving is a huge company (obviously) and there will always be rumours surrounding any project(s), they are involved in whether true or not.
I like how Mr. Rocca's building is looking---great addition for the uptown.
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All rumours are not created equal and all rumours don't have the same effect on us.
Passing on a rumour or speculating about a 2nd refinary has no impact on Irving Oil or the public any more than speculating whether Wal-Mart will open a store in Grand Bay will impact 3rd parties decisions.
But other rumours-such as saying company "X" is thinking of buying RIM will impact 3rd parties decisions. We have seen how such rumours move the stock market resulting in some people losing a lot of money if the rumour turns out to be false.
Spreading a rumour that a building like Harbourfront has structural problems can result in millions of dollars in losses and reputations tarnished.The reputation of the structural engineer is questioned and he would sue you; potential buyers would stop buying and the developer would sue you;existing buyers would want proof that the building is safe so the developer would need to spend money on a cosultant to prove otherwise;banks would stop further lending so contractors would stop working and buyers would lose their financing and would be faced with hgher costs to refinance later. This kind of a rumour can be devastating to a lot of people including the persons spreading the rumour.
We need to be mindful of the power of social media.Information is global and available instanteneous.Decision makers-be they Mortgage lenders or buyers-have access to what we post.So, we need to always ask ourselves what the impact the rumour we're about to post will have on others before we post it to make sure we don't pass on damaging rumours.
More importantly, a forum that relies more on passing on information-truthful or otherwise-rather than on debating ideas and policies will eventually lose it's relevance because information,as opposed to ideas, is easily obtainable from a million other sources.So, why post here is the primary vvalue of the site is the exchange of information that you can get from the newspaper or CBC.