2011 07 21 exhibit b 3 bch bch submitting publications ... · the wife, catherine kieu becker,...

British Columbia Hydro and Power Authority, 333 Dunsmuir Street, Vancouver BC V6B 5R3

www.bchydro.com

Janet Fraser Chief Regulatory Officer Phone: 604-623-4046 Fax: 604-623-4407 [email protected] July 21, 2011 Ms. Alanna Gillis Acting Commission Secretary British Columbia Utilities Commission Sixth Floor – 900 Howe Street Vancouver, BC V6Z 2N3 Dear Ms. Gillis: RE: British Columbia Utilities Commission (BCUC)

British Columbia Hydro and Power Authority (BC Hydro) Mandatory Reliability Standards (MRS) Assessment Report No. 4 Compliance with BCUC Order No. G-114-11 Directive 4

Pursuant to BCUC Order No. G-114-11, enclosed as Exhibit B-3, are copies of Appendix B as published in the following news publications:

Times Colonist July 15, 2011 Vancouver Province July 15, 2011 Vancover Sun July 15, 2011

For further information, please contact Sandra Jones at 604-623-4315 or by e-mail at [email protected]. Yours sincerely,

Janet Fraser Chief Regulatory Officer af/ma Enclosure (1)

…2/

B-3

markhuds

BC HYDRO MRS REPORT NO. 4

July 21, 2011 Ms. Alanna Gillis Acting Commission Secretary British Columbia Utilities Commission Mandatory Reliability Standards (MRS) Assessment Report No. 4 Compliance with BCUC Order No. G-114-11 Directive 4 of 2

Copy to: Catalyst Paper

Attention: Carlo Dal Monte [email protected]

FortisBC Attention: Dennis Swanson [email protected] [email protected] [email protected] [email protected]

Teck Metals Inc. Attention: Troy Albo [email protected] Attention: Mike Agg [email protected] Attention: Richard Deane [email protected]

C A N A D A / WO R L DTIMES COLONIST | timescolonist.com A11FRIDAY, JULY 15, 2011

AMY MINSKYPostmedia News

OTTAWA — Former cabinetminister Helena Guergisviolated the code of ethicsto which members of Par-liament are bound whenshe made a recommenda-tion that was in the bestinterests of her husband,federal ethics watchdogMary Dawson wrote in areport released Thursday.

Guergis, who waskicked out of the Conserv-ative caucus in April 2010,lost her seat in the Mayfederal election while run-ning as an independent.

The violations stemfrom September 2009,when Guergis sent a letter,written on parliamentaryletterhead, to municipalofficials in Simcoe County,the Ontario riding she rep-resented at the time.

The letter encouragedthe warden and councilmembers to allow a con-stituent, Jim Wright, tomake a public presentationto council on the benefitsof his company’s green-waste management tech-nology.

Guergis’s husband,Rahim Jaffer — anotherformer Conservative MP— was connected toWright’s company, WrightTech Systems Inc.

Guergis and Jafferwere both cleared bypolice after allegations ofillegal lobbying created apolitical firestorm.

ANDREW BLANKSTEINMcClatchy News Service

LOS ANGELES — A disputeover an “inappropriaterelationship” may be themotive in the case of a Gar-den Grove, Calif., womancharged with cutting offher husband’s penis, a lawenforcement source said.

The source, who spokeon condition of anonymitybecause the case is ongo-ing, said the couple hadargued earlier in the dayand that the wife was angryat the husband over a rela-tionship. Police said thatwhen they confronted thewoman, she said her hus-band “deserved it.”

Authorities allege thatthe wife, Catherine KieuBecker, argued with herhusband about “friendsstaying at the residence,”according to a statement byprosecutors.

On Wednesday, OrangeCounty prosecutorscharged the wife with twofelony counts for allegedlycutting off her husband’spenis and throwing it in agarbage disposal afterdrugging him and tyinghim to a bed.

Becker, 48, faces onefelony count each of tor-ture and aggravated may-hem with sentencingenhancements for greatbodily injury and personaluse of a knife. If convictedon all counts, she faces amaximum sentence of lifein prison with the possibil-ity of parole.

She has been held with-out bail since her arrest

Monday night. Her arraign-ment is scheduled forWednesday in Westminster,where she is expected toplead not guilty.

Becker, a real estate bro-ker, lived with her husband,identified by prosecutorsonly as John Doe, in a Gar-den Grove apartment.

The husband told policethat his wife served himdinner and that he went tobed about 9 p.m. While hewas sleeping, she “tied thevictim’s legs and arms tothe four corners of the bedwith nylon ropes,” prosecu-tors said.

The victim told authori-ties that when he woke up,his wife pulled down hispants, “grabbing the vic-tim’s penis and severing itwith a knife.” She then tookthe penis to the kitchen andthrew it in the garbage dis-posal, “turning it on andmutilating the organ.”

She then called 911.The husband underwent

surgery but the severedorgan could not be reat-tached.

Estonians home after kidnap ordeal

INTS KALNINS, REUTERSSeven Estonian men, released after being kidnapped in Lebanon's eastern BekaaValley during a cycling tour in March, pose after arriving early today at the airport inTallinn, Estonia. The men, in their 30s and 40s, were released Thursday and flownhome. Nine people have been arrested in Lebanon in connection with the incident.

‘Inappropriate relationship’cited in severing of penis

GARDEN GROVE POLICE, REUTERSCatherine Kieu Becker:Husband “deserved it.”

Guergis brokeethics code:watchdog

POLITICS

Reuters

BOSTON — Two Delta Air Linespassenger planes collided on therunway at Boston’s Logan Inter-national Airport Thursday, caus-ing minor damage, an airportspokesman said.

Delta Flight 266, a Boeing 767bound for Amsterdam, wasbeing taxied onto the runwaywhen its wing clipped the tail ofDelta Connection Flight 4904, asmaller regional jet bound forRaleigh/Durham, North Car-olina.

Logan spokesman Phil Orlan-della said one passenger com-plained of a possible neck injuryand was taken to a local hospitalas a precaution.

Passenger jetclips another’stail in Boston

KANDAHAR, Afghanistan — A sui-cide bomber targeted mournerspraying Thursday for AhmedWali Karzai, the assassinatedhalf-brother of Afghan PresidentHamid Karzai, killing three peo-ple including a senior cleric.

Fifteen people were hurt as ateen attacker blew himself up ata mosque in Kandahar. — AFP

Bomber kills threeat Karzai memorial

A Filing by British Columbia Hydro and Power Authority Mandatory Reliability Standards Assessment Report No. 4

and the Determination of Reliability Standards for Adoption in British Columbia

NOTICE OF ASSESSMENT REPORT NO. 4 AND PROCESS FOR PUBLIC COMMENTS

On May 26, 2011, British Columbia Hydro and Power Authority (BC Hydro) filed its Assessment Report No. 4 on six (6) reliability standards developed by the North American Electric Reliability Corporation (NERC) and the Western Electricity Coordinating Council (WECC).

The British Columbia Utilities Commission (Commission) has posted BC Hydro’s Assessment Report No. 4 on its website at www.bcuc.com, and invites public comments on the reliability standards assessed in the Report.

REQUEST FOR COMMENTSCommission Order G-114-11 establishes a Regulatory Timetable and process for comments. Any person wishing to comment on BC Hydro’s Assessment Report No. 4 and the reliability standards that are assessed in it must deliver written comments to the Commission by no later than Friday, July 29, 2011 with a copy to BC Hydro at the following address:

British Columbia Hydro and Power Authority Attention: Janet Fraser Chief Regulatory Officer Phone: 604 623 4046 Fax: 604 623 4407 [email protected]

All written comments on the Report will be placed on the public record and posted to the Commission’s website.

PUBLIC INSPECTION OF THE ASSESSMENT REPORTAssessment Report No. 4 is available for inspection at the following locations:

FURTHER INFORMATION

For further information, please contact Ms. Alanna Gillis, Acting Commission Secretary as follows: Telephone: 604 660 4700 Facsimile: 604 660 1102 B.C. Toll Free: 1 800 663 1385 E-mail: [email protected]

SIXTH FLOOR, 900 HOWE STREET, BOX 250VANCOUVER, B.C. V6Z 2N3 CANADA

web site: http://www.bcuc.com

APPENDIX Bto Order No. G-114-11

Page 1 of 1

TELEPHONE: 604 660 4700BC TOLL-FREE: 1 800 663 1385

FACSIMILE: 604 660 1102

2794

British Columbia Hydro and Power Authority333 Dunsmuir Street, Vancouver, BC, V6B 5R3Telephone: 604 623 4315E-mail: [email protected] Web: www.bchydro.com

British Columbia Utilities CommissionSixth Floor, 900 Howe StreetVancouver BC V6Z 2N3Telephone: 604 660 4700Web: www.bcuc.com

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A35 theprovince.com | money | Friday, July 15, 2011

FRANKFURT /CHICAGO — Germany’s Deutsche Boerse looked set to pull off its $9.7-billion takeover of the New York Stock Exchange group on Thursday after its share-holders backed the deal to cre-ate the world’s largest exchange operator.

Shareholders in NYSE Euron-ext approved the deal last week but it still faces formidable anti-trust hurdles on both sides of the Atlantic, ana-lysts say.

It is expected to take until the end of the year before the deal gets regulatory approval.

More than 80 per cent of Deutsche Boerse share-holders ten-dered stock as part of the deal, the company said in a state-ment Thursday.

Shares in NYSE Euronext were up 0.5 per cent at $34.04 Thurs-day afternoon, while Deutsche Boerse was off 0.5 per cent at 53 euros. — Reuters

Deutsche Boerse closer to NYSE takeover

WASHINGTON — U.S. Federal Reserve Chairman Ben Bernanke warned Congress on Thursday that overzealous cuts to government spending in the short term could derail an already fragile recovery and said a U.S. debt default may wreak financial havoc.

“I only ask . . . as Congress looks at the timing and composition of its changes to the budget, that it does take into account that in the very near term the recovery is still rather fragile, and that sharp and excessive cuts in the very short term would be

potentially damaging to that recov-ery,” Bernanke told members of the Senate Banking Committee.

Congress and the White House are stalemated in talks on cutting the budget deficit, with Republicans seeking $2.4 trillion US in spend-ing cuts in exchange for agreeing to raise the $14.3 trillion U.S. govern-ment borrowing limit.

The U.S. Treasury has said it will run out of money after Aug. 2 to pay all of the country’s bills if a deal is not reached to raise the debt ceiling.

On the second day of delivering the

Fed’s semi-annual monetary pol-icy report to Congress, Bernanke renewed his warning that a United States debt default would be dev-astating for the U.S. and global economies.

“It would be a calamitous out-come,” Bernanke said. “It would create a very severe financial shock that would have effects not only on the U.S. economy, but the global economy.”

Failure to raise the debt limit in time would constitute a “self- inflicted wound” to the economy,

he said. Moody’s Investors Service warned late on Wednesday that the U.S. could lose its top credit rat-ing in coming weeks if a standoff between the White House and con-gressional Republicans over raising the statutory borrowing limit is not resolved.

Earlier on Thursday, China — the United States’ biggest foreign credi-tor — urged the U.S. government to adopt responsible policies to protect investors’ interests after the Moody’s warning.

— Reuters

Bernanke urges caution with spending cuts

Ben Bernanke delivers the Federal Reserve’s monetary policy report to Congress Thursday. — reuters

A Filing by British Columbia Hydro and Power AuthorityMandatory Reliability Standards Assessment Report No. 4



OnMay 26, 2011, British Columbia Hydro and Power Authority (BC Hydro) filed its Assessment Report No. 4 on six (6) reliability standards developed by theNorth American Electric Reliability Corporation (NERC) and theWestern Electricity Coordinating Council (WECC).

The British Columbia Utilities Commission (Commission) has posted BCHydro’s Assessment Report No. 4 on its website at www.bcuc.com, and invites publiccomments on the reliability standards assessed in the Report.

REQUEST FOR COMMENTSCommission Order G-114-11 establishes a Regulatory Timetable and process for comments. Any person wishing to comment on BC Hydro’sAssessment Report No. 4 and the reliability standards that are assessed in it must deliver written comments to the Commission by no later thanFriday, July 29, 2011 with a copy to BC Hydro at the following address:

British Columbia Hydro and Power AuthorityAttention: Janet FraserChief Regulatory OfficerPhone: 604 623 4046Fax: 604 623 [email protected]



FURTHER INFORMATION

For further information, please contact Ms. Alanna Gillis, Acting Commission Secretary as follows:Telephone: 604 660 4700 Facsimile: 604 660 1102B.C. Toll Free: 1 800 663 1385 E-mail: [email protected]




Page 1 of 1


FACSIMILE: 604 660 1102

2794

British Columbia Hydro and Power Authority333 Dunsmuir Street,Vancouver, BC, V6B 5R3Telephone: 604 623 4315E-mail: [email protected]: www.bchydro.com


VANSAS64382_1_1

By DaviD Pierson

BEIJING — While the Obama administration struggles to jump-start the stalled U.S. recovery, policy-mak-ers in Beijing have an opposite but equally formidable task: putting the brakes on China’s speeding economy without triggering a slump.

How well they succeed holds enor-mous consequences for the world economy, where China has emerged as one of the few engines of growth.

The government announced this week that China’s economy expanded at an annualized rate of 9.5 per cent in the second quarter from a year ear-lier. That’s slightly slower than the first quarter, thanks largely to efforts by authorities to cut bank lending and raise interest rates. Their hope is to tame the inflation that’s angering the nation’s consumers, and to let some air out of a worrisome real estate bub-ble that many fear could burst.

Although China’s gross domestic product growth is the envy of slow-growing industrialized nations, cracks are emerging in its economic model. China leaned heavily on housing con-struction, public works — and billions in government borrowing — to power through the global slowdown. You can see it in empty highways paid for with public debt, in vacant new apartment blocks and in the faces of grumpy shoppers in the produce aisles, where prices for basics are soaring beyond the reach of average households.

The worry is that this kind of stimulus has artificially juiced China’s economy, making it vulnerable to a hard landing. How severe the challenges are is open to debate. Many analysts are confi-dent that China can slow growth with-out derailing its economy. But what’s acknowledged by experts both inside and outside China is that the nation’s current path is unsustainable.

“They are at a crossroads, needing to shift to a new model,” said Nicholas Lardy, a China expert at the Peterson Institute for International Economics in Washington.

Visitors to China are amazed by the frenzy of construction taking place across the country, where shopping malls, office towers, apartment build-ings, subways and bullet trains are being completed in record time. What isn’t so visible is the ocean of debt that financed this — and growing concerns about how it will be paid back.

In a bid to insulate China’s economy from the global financial crisis and weakened demand for China’s exports, authorities encouraged banks to lend, particularly for real estate develop-ment and public works that create a lot of local jobs. Fixed asset invest-ment — the construction of infrastruc-ture and buildings — doubled between 2007 and 2010 as developers availed themselves of cheap financing.

The result: some Chinese cities are awash in vacant commercial space and unsold apartment units. In the first half of this year, home sales dropped 20 per cent in Beijing, 26 per cent in the western boom town of Chongq-ing and 61 per cent in the speculative hotbed of Haikou on Hainan island, according to the China Index Acad-emy, a property research firm.

Local government debt has also sky-rocketed. The careers of many Chinese local officials depend on creating jobs and economic growth, but the central government prohibits cities from issu-ing their own bonds to finance public works. To sidestep that prohibition, municipalities across the country have created off-the-books entities to do the borrowing. A national audit released in June found that local governments had amassed $1.65 trillion in loans by the end of last year — a sum equal to nearly a third of China’s GDP.

“China has developed a huge debt burden in the past two years due to the fiscal stimulus after the global finan-cial crisis, on top of a post-crisis prop-erty bubble,” wrote Vincent Chan, an analyst for Credit Suisse, in a report

released last month. Although much of that investment will boost China’s com-petitiveness in the long run, billions have also flowed to make-work, vanity projects of dubious quality.

Case in point: a portion of a mountain road in the southern province of Yun-nan collapsed a day after opening last month.

Analysts said China’s banks probably would have to restructure billions in loans. Authorities have been tighten-ing credit standards and raising inter-est rates. But that’s making it tough for many small and medium-size compa-nies to get the financing they need.

Los Angeles Times

Friday, July 15, 2011 | BrEaKiNG NEWS: VaNCOuVErSuN.COM F5business ||

The Sino-Forest scandal and some disclosure irregularities have damaged the reputations of several Sino-Cana-dian companies and have led inves-tors to sell off Chinese stocks listed in Canada.

A growing list of accounting and cor-porate governance issues prompted the Ontario Securities Commission, Canada’s main securities regulator, last week to initiate a review of com-panies from emerging markets that have listings in Canada.

These are some key facts on Sino-Canadian companies that have been affected by the scandal, other irregu-larities or restatements.

AREHADA MININGThe company was slapped with a

cease trade order in April because it had not filed annual financial state-ments. It explained in a release that it had sold its principal business, but did not yet have access to the proceeds of that sale because Chinese tax authori-ties had not decided what tax rate to apply.

Late in May, Arehada was perma-nently delisted from the Toronto Stock Exchange (TSX) for failing to meet listing requirements. In early June it re-listed on NEX, a sub market of the small-cap TSX Venture Exchange, but remains halted due to the delinquent filings.

ASIA NOW RESOURCESThe exploration company recently

stated that a resource estimate for its Beiya gold project in China’s Yunnan province, published by the Chinese government in a local-language news-paper, was not to be relied on.

Asia Now clarified that the estimate had been published without its con-sent and that the estimate was not in compliance with Canadian regulatory norms.

CATHAY FOREST PRODUCTSForestry company Cathay Forest has

not traded since the beginning of Feb-ruary due to delinquent filings, sub-stantial revisions to past filings, and a failure to seek stock exchange approval for a non-arm’s length transaction.

A lawsuit seeking class action sta-tus has been filed against the com-pany and some of its officers and directors.

CHINA COALIn June, the company retracted

statements made to the Canadian publication Northern Miner about the potential of the Mei Feng coal mine in China, which it intends to acquire. The company said that the implication in the statements that the site was richer than technical reports had implied did not meet standards of disclosure for mineral projects.

IEMR RESOURCESFor about two weeks in March, the

Venture-listed exploration company was subject to an insider cease trade order due to late annual financial statements.

IND DAIRYTECHThe dairy company and cattle

breeder said in April it would have to restate financial statements dating back to 2008 due to a reassessment of certain lease agreements and other accounting issues.

Last month the company, which listed on the Venture Exchange in 2008 via a CPC (capital pool com-pany), restated financial results for 2008, 2009 and 2010. It also said it plans to go private via a deal being led by its chairman and CEO, Jiabei Zhu.

MIGAO CORP.The TSX-listed company has been

targeted by short-sellers after the Sino-Forest affair, especially since the fertilizer company announced a large upfront payment made to secure pot-ash supplies from an unknown Rus-sian company.

Migao’s chief executive has pledged his entire stake against the possibility of a supplier default in a bid to calm investors.

NEW PACIFIC METALSThe Venture-listed mining company

was on the British Columbia Securi-ties Commission’s delinquent fil-ers list from early June to mid-July because of late third-quarter filings. The company’s president resigned in March.

XIANBURG DATA SYSTEMSTrading in the Venture-listed IT

company has been halted since April due to a delayed annual finan-cial statement. The company’s audi-tor resigned in June in response to restrictions it felt had been put on the scope of its audit. A new auditor was recently appointed.

ZONGSHEN PEM POWER SYSTEMS

In April the Venture-listed motorcy-cle company refiled its fourth-quarter management discussion and analysis to correct its earnings of one cent a share from three cents.

Reuters

ethics

Irregularities, scandal taint Sino-Canadian companies

asia

China’s tough task: Slowing growth without sparking a recessionPublic works spending has left mountain of debt and led to tightening of credit

ReuteRS

Construction projects have helped power China through the recent recession. However, it’s left behind a mountain of debt and some fear that could make the country vulnerable to a hard landing.

Insp

iring m

inds.

Call

(604)

605-R

EAD.

A Filing by British Columbia Hydro and Power AuthorityMandatory Reliability Standards Assessment Report No. 4



OnMay 26, 2011, British Columbia Hydro and Power Authority (BC Hydro) filed its Assessment Report No. 4 on six (6) reliability standards developed by theNorth American Electric Reliability Corporation (NERC) and theWestern Electricity Coordinating Council (WECC).

The British Columbia Utilities Commission (Commission) has posted BCHydro’s Assessment Report No. 4 on its website at www.bcuc.com, and invites publiccomments on the reliability standards assessed in the Report.

REQUEST FOR COMMENTSCommission Order G-114-11 establishes a Regulatory Timetable and process for comments. Any person wishing to comment on BC Hydro’sAssessment Report No. 4 and the reliability standards that are assessed in it must deliver written comments to the Commission by no later thanFriday, July 29, 2011 with a copy to BC Hydro at the following address:

British Columbia Hydro and Power AuthorityAttention: Janet FraserChief Regulatory OfficerPhone: 604 623 4046Fax: 604 623 [email protected]



FURTHER INFORMATION

For further information, please contact Ms. Alanna Gillis, Acting Commission Secretary as follows:Telephone: 604 660 4700 Facsimile: 604 660 1102B.C. Toll Free: 1 800 663 1385 E-mail: [email protected]




Page 1 of 1


FACSIMILE: 604 660 1102

2794

British Columbia Hydro and Power Authority333 Dunsmuir Street,Vancouver, BC, V6B 5R3Telephone: 604 623 4315E-mail: [email protected]: www.bchydro.com


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2011 07 21 exhibit b 3 bch bch submitting publications ... · the wife, catherine kieu becker,...

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