A Game Changer?

The Lax Kw’alaams Band mayoral elections were held last Wednesday and the incumbent Garry Reece, who had been openly supportive of the Lelu re-occupation ,was defeated by John Helin who is seen by some as a pro-development candidate. He is vice-president of Eagle Spirit Energy Holdings Ltd., which is proposing a pipeline project to transport upgraded oil from Alberta. It is unclear how their project will be affected by the liberal crude oil tanker ban and it equally unclear what his election means for PETRONAS and for LELU Island but investors are getting a little excited out there in cyberspace.

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