1000 Sask employees laid off

[Jerry J. Fortin]

A naval port in Churchill? Sure, just as long as we can some nuclear subs and a whole new fleet of ice breakers. Lets add a northern carrier battle group to the list while we are at it. Perhaps a couple of Raptor Squadrons for air cover and a whole new Arctic Land Force to protect it. That should be doable for a mere trillion dollars.

[jdobbin]

A naval port in Churchill? Sure, just as long as we can some nuclear subs and a whole new fleet of ice breakers. Lets add a northern carrier battle group to the list while we are at it. Perhaps a couple of Raptor Squadrons for air cover and a whole new Arctic Land Force to protect it. That should be doable for a mere trillion dollars.

I'd settle for the amount of icebreakers that Harper promised in the last election.

Arctic ice break-up each summer has been making passage more and more easy for other countries to attempt. We either assert ourselves or find that someone else has asserted authority.

[jdobbin]

This is likely a cash-flow problem, but there will be repercussions.

Cash isn't the problem apparently. The mine is hugely profitable, still is. The 3000 lay-offs so far as to keep the price up.

Most of the potash execs are rolling in cash too. Last year, the highest paid exec in potash received $320 million is salary and compensation.

[Molly]

I didn't for a second doubt profitability, but cash FLOW can be a major issue even where profitability is not in doubt. (Sometimes it is the overwhelming success of an enterprise that runs it into cash flow difficulty, since there is inevitably delay between putting cash out to create inventory, and collecting payment for it after it is delivered.)

However, I wouldn't put it past these guys to be playing dog-in-a-manger either.

Either way, we know for sure that they aren't shut down because demand for their product has dried up. That is just a non-starter entirely.