Quote:
Originally Posted by darkharbour
I've heard AIM came in asking somewhere near $160 million to cancel the lease (not sure the source, just word on the street), which is clearly not feasible for the Port, province, or the City, but at least they're negotiating to leave now instead of digging in their heals.
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I wonder just how strong their position is? Could not the province just cancel their operating permit citing frequent and repeated violations of environmental laws as well as health and safety regulations?
I think a more likely outcome is the province giving some kind of sweetheart deal to move shredding and material storage to a remote site with scrap only brought to the port when a ship is in to be loaded.
In the final analysis I suspect the province has the whip hand. It just depends how far they are prepared to go.
Higgs needs to hold Saint John seats, especially Saint John Harbour which might be in play. Getting rid of the eyesore that is AIM and facilitating further, more acceptable port expansion might be a good way to look like a Saint John champion.