OPPOSITION TO CANADIAN ASBESTOS CLOSURE BUOYED BY LOAN WARNING
September 1st, 2012
BY LEAH GERMAIN
September 11, 2012
A THREAT by the Parti Québécois (PQ) - the newly elected separatist government of Canada's Québec province - to withdraw a USD58.8 million loan to the last Canadian asbestos mine has left the mining community feeling marginalised and concerned for the future of the chrysotile operations. Jeffrey Mine, based in the aptly named Asbestos, Québec, employs more than 300 people from the town.[THIS IS WRONG AND WAS CORRECTED]
However, a law professor's warning that the PQ could face punitive damages if the loan was irrevocable ...
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