Boss Power Corp. announces closing of Blizzard Settlement with the Province

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This settlement is $30 million hit for taxpayers, says NDP

Vancouver: Boss Power Corp. and BC government have closed on the Blizzard settlement; Province has paid the total amount of $30,356,422.67 to the Boss Corp. NDP has termed this as $30 million hit to taxpayers and the latest consequence of B.C. Liberal economic bungling.

In a release NDP stated that, “The B.C. Liberal government agreed to give Boss Power a $30 million award for interfering inappropriately with a mining application, despite a court-appointed industry expert determining that a more fair evaluation would be $8.7 million. If the Liberals hadn’t botched the application in the first place, there wouldn’t even need to be a settlement.”