The Quebec government is banking on a royalty bonanza from its natural- sac louis vuitton mode resources sector to help Canada's most indebted province begin its long climb out of the red. In releasing its 2012-13 budget Tuesday, Quebec revealed that its path to prosperity hinges on whether it can cash in on its abundance of minerals, forests and hydroelectricity. The document calls for a $1.5-billion deficit in 2012-13, but says the government remains on track to fulfil its long-held pledge to balance the budget by 2013-14. The budget, possibly the last for an unpopular Premier Jean Charest before the next election, also tries to strike a positive populist tone for voters: no new tax hikes or user fees. In the next election, which must be called before the end of 2013, Charest will likely portray himself as a sound economic manager, while at the same time hammering away at the uncertainty of sovereignty. While this budget attempts to highlight economic improvements in Quebec under his watch,sacoche louis vuitton it also acknowledges the province remains Canada's most heavily indebted. A year ago, Quebec had a gross debt of $173 billion, which represented 54.3 per cent of gross domestic product. But Charest's Liberals predict things are turning around. The party is counting on the promise it sees in the province's natural resources sector and, in particular, the expansion of the province's mining industry under Quebec's sweeping northern development plan. "We're building the future and taking all the opportunities that lie before us," Finance Minister Raymond Bachand said in Quebec City before tabling the budget in the legislature. The government expects the mining sector alone to grow nearly 10-fold over a half-dozen years a€” sacoche louis vuitton homme from an average of $42 million in royalties per year between 2006-07 and 2009-10 to $415 million in 2016-17. Bachand estimates that existing mining operations, and those currently being built, will funnel $4 billion in royalties into public coffers over the next 10 years. Even though some mines are still being constructed, he's confident his forecast is a reliable one. "In finance, we usually don't count our eggs before they're hatched," Bachand said. "Of course, if the hen is there, the eggs are going to be laid tomorrow." He said cash from the province's natural-resources sectors has already started to flow. Bachand predicted total royalties in 2011-12 to hit nearly $1.2 billion, and climb to $1.5 billion by 2016-17. The province even wants to get in on some of the anticipated action. Bachand's budget announced the creation of a new government branch that will invest public money in mining, oil and gas initiatives. He said it will eventually manage an equity portfolio of up to $1.2 billion. He added that a team of financial experts will ensure the government makes only the soundest investments. "We want also to have a share, and invest in some cases where the risk is not too high, in the mining and oil companies," said Bachand.
Update: Air Canada announced on Monday evening that it will extend a $15 million line of credit to Aveos. "This stabilization should allow Aveos to reopen certain facilities and call back certain employees, sac louis vuitton mode giving Air Canada the confidence to add new maintenance work over the next days and weeks," the airline announced. Air Canada is once again facing disruptions and labour disputes, this time after a company that provides maintenance for the airline announced it was laying off 2,400 employees across Canada. Hundreds of Aveos employees rallied on Monday morning on Cote Vertu Blvd. near Trudeau Airport, blocking access to Air Canada headquarters. They were upset that Aveos abruptly announced on Sunday that it was shutting down plants in Vancouver, Winnipeg and Montreal. "I got called yesterday at 5 o'clock by my manager," said aircraft technician Rehan Sheikh. "He said Aveos has closed down, been shut down." Roughly 1,800 employees work at the Montreal aircraft maintenance plant, sacoche louis vuitton a thousand of whom protested in Montreal Monday morning. Aveos was created by Air Canada in 2007 when the airline restructured and decided to spin off its maintenance division into a standalone company. Union representatives say many employees were still being paid by Air Canada until just a few months ago. "The 18-hundred people that work here in Montreal and the 3,000 around the country, these employees were employees who built Air Canada," said Marcel St-Jean. "They were all Air Canada employees before the 31st of December 2011. It's not even three months that they're losing their jobs after that." Bankruptcy protection On Monday Air Canada issued a statement saying that Aveos had filed for bankruptcy protection, which caught employees by surprise. "It was pretty traumatising to get informed like that. At least give us a two-week notice," sacoche louis vuitton homme said Sheikh. The news outraged Liberal MP Denis Coderre. "I'm pissed off today that's for sure and I believe that Aveos should bring some answer to their employees," said the Montreal-area MP. "The savage way they have been treated is unacceptable." Air Canada said it has contingency plans in place in the event that Aveos is no longer able to perform maintenance on airplanes. That did not impress Aveos employees. "It's terrible what is happening. What is Air Canada doing to its employees," said St-Jean. Flights grounded over weekend The layoffs come after a weekend of when flights, mostly out of Montreal, were cancelled or delayed when several pilots called in sick. The airline appears to be back to business as usual Monday, although the departure schedule posted on the Greater Toronto Airport Authority website showed Air Canada flights to Ottawa, Montreal, Winnipeg and Seattle were all cancelled Monday. No other airline indicated cancellations. Just last week the federal government passed back-to-work legislation intended to prevent labour disruptions at the airline, after Air Canada threatened to lock out pilots and ground crew unions negotiated for a new contract. If the higher-than-normal number of pilots calling in sick was intended to send a message, aviation analyst Karl Moore says that's done. Now, he expects a cooling off period as the CIRB considers Air Canada's complaint. "My sense is it will calm down from this point on," said the McGill University business professor. "They've got to deliver good service," he said. "That will be the best calming thing." The CIRB can levy fines if it determines absences due to illness were in fact job action. Aveos employees worried in 2009 Workers at Aveos have worried for years that their jobs would be shipped overseas. In 2009 about 1,000 aircraft maintenance workers staged a one-day protest at Air Canada HQ out of worries the company would send more work to El Salvador. At that time time Aveos had three hangars in Canada and capacity at a fourth plant in El Salvador was being expanded to work on up to 16 planes at a time. Union executives at that time were also worried about their pension plan, saying it was billions of dollars in debt.
The weekend arrest of Moammar Gadhafi's fugitive former spy chief has kicked off an international row about which of his alleged crimes—ranging from terrorism to war crimes and mass murder—should take precedence in the pursuit of justice for the regime's victims. Mauritanian officials said Saturday they had detained Abdullah Senussi after he flew to the West African nation from Morocco. sac louis vuitton mode That ended a six-month manhunt started after Gadhafi lost control of his capital, Tripoli, in August and the internationally supported rebellion against his regime took over. In a short statement issued by the Mauritanian state news agency, officials said the 62-year-old ex-Libyan intelligence chief was carrying a fake Malian passport when he arrived in the country's capital, Nouakchott, on a Royal Air Maroc flight from Casablanca. Mauritanian authorities didn't say how they came to identify and arrest Mr. Senussi. Authorities from Libya, France and the International Criminal Court at The Hague quickly announced their resolve to have Mr. Senussi turned over to their jurisdictions. Each is focused on different prosecutions, making Mauritania's decision over extradition politically sensitive and legally significant. Mr. Senussi stands accused of a chilling list of crimes, dating back decades and underscoring the repressive policies that Gadhafi used to stay in power. sacoche louis vuitton Victims of alleged crimes include thousands of Libyans, as well as hundreds of French, American and British citizens. In the wake of the Middle East revolutions last year, Arabs are eager to see legal verdicts against their former dictators and the security officials responsible for repressing them for so long, and many victims despair of ever seeing justice. Since Gadhafi's death at the hands of Libyan militias last year, Mr. Senussi and Gadhafi's son Seif al-Islam represent the country's most-wanted criminals. The new government in Tripoli doesn't relish losing the right to try them first, despite concerns from human-rights groups that Libya doesn't have the resources or infrastructure to carry out impartial trials. Libya has sought help at Interpol, the international criminal police force, sacoche louis vuitton homme which on Sunday issued an arrest warrant for Mr. Senussi "for fraud offenses including embezzling public funds and misuse of power for personal benefit." Meanwhile, another senior member of Mr. Gadhafi's fallen regime, Bashir Saleh, surfaced in Niger, which shares a border with Libya. Niger had recently awarded Mr. Saleh—the former head of a Libyan sovereign-wealth fund—a diplomatic passport and a role as special adviser to the Niger president, a Niger government spokesman said Sunday. However, over the weekend, Mr. Saleh lost both his passport and his advisory job, the spokesman said, to "maintain good relations with Libya, France, and the United States." Libya has pressed its neighbors, including Niger and Algeria, to extradite members of the Gadhafi regime and his family members to their homeland for investigation. Mr. Senussi, known as the "black box" of the Gadhafi regime for his insider knowledge, has been at the top of Libya's most-wanted list. The brother-in-law of the former Libyan strongman, he was one of Gadhafi's closest advisers and served as the head of both internal and external security for Gadhafi throughout most of his 42-year rule. Within Libya, Mr. Senussi is suspected of ordering the deaths of about 1,200 prisoners in Tripoli's notorious Abu Salem prison in 1996, the country's worst single human-rights atrocity.
The Belgian authorities are preparing to fly home the bodies of 22 children and six adults killed in a coach crash in Switzerland. Two C-130 Hercules military planes are on standby. sac louis vuitton mode The Belgian cabinet is due to hold an urgent meeting shortly. The coach, carrying 52 people back to Belgium following a skiing trip, struck a wall head-on in a tunnel on Tuesday. Relatives of the victims were later flown to Switzerland, many still unsure about the fate of their children. Another 24 children were injured, some critically, in the late night accident near the town of Sierre, in the southern Swiss canton of Valais. It was the most serious traffic accident in Switzerland's history for decades. The Belgian foreign ministry said most of the children were aged about 12, and the bus was one of three hired by a Christian group. sacoche louis vuitton The other two reached Belgium safely. The children had spent a week skiing in Val d'Anniviers in the Swiss Alps. Those on board the bus that crashed were from the Stekske primary school in Lommel, near the Dutch border, and from St Lambertus in Heverlee, near Leuven (Louvain). Although most of the victims are Belgian, Swiss officials say the dead include seven Dutch children. Among those injured are three Dutch, one Pole and one German. 'Tragic day' Early on Wednesday, distraught relatives attended meetings at St Lambertus school, where they were given the names of pupils known to have survived. "Parents who know their child is alive are relieved, but for the others it's terrible," sacoche louis vuitton homme said parish priest Dirk De Gendt. Speaking outside the primary school in Lommel, local bishop Patrick Hoogmartens said the families were feeling powerless. "None of the parents knows what has happened exactly, if their child has been affected or not," he said. About 100 relatives later flew to Switzerland on board a government plane. Prime Minister Elio Di Rupo - who also travelled to Switzerland on Wednesday - told reporters in Sion that it was "an absolutely tragic day" for Belgium. Possible causes At a news conference on Wednesday, Swiss prosecutor Olivier Elsig said the bus was nearly new. It hit a concrete wall that forms part of an emergency access section head-on, in a tunnel where the speed limit is 100km/h (62 mph).
China will offer $2 million in humanitarian assistance to Syria through the Red Cross, state media said on Wednesday, sac louis vuitton mode another gesture aimed at repairing relationships in the Middle East, though its stance on Syria shows no sign of changing. Beijing wants to counter accusations from Western and Arab leaders that it, along with Russia, abetted expanding violence by President Bashar al-Assad's forces against civilians by vetoing two UN resolutions on the crisis. Assistant Foreign Minister Zhang Ming, who was sent by Beijing to Egypt this month as an envoy to discuss the crisis in Syria, made the offer of emergency humanitarian aid as a way of "expressing the sympathy and concern of the Chinese people". China and Russia have blocked moves in the United Nations to censure Assad, sacoche louis vuitton a position which met with international outrage. They have also welcomed the Syrian leader's reform pledges, including a promised election. Zhang urged members of the United Nations Security Council to adopt resolutions that are "generally accepted by all", reiterating China's stance that the "authorized use of force, or forced regime change ... are undesirable". "Zhang said the Chinese side believes that only the Syrian people have the right to decide their own fate," according to Xinhua. "External forces have no right to make a choice (for them)." "China is not shielding any person, any party or any regime." Zhang's visit, sacoche louis vuitton homme which will also take him to Saudi Arabia and France, comes as U.N.-Arab League envoy Kofi Annan kept up efforts to broker a halt to hostilities. Syrian government forces killed dozens of people in the northern city of Idlib, dumping their bodies in a mosque, opposition activists said. Another Chinese envoy, former ambassador to Syria Li Huaxin, last week told Assad's government and other parties to stop the violence and help the United Nations and the International Committee of the Red Cross supply aid. China and other powers met behind closed doors at the United Nations Security Council last week to discuss a new draft resolution seeking an end to the bloodshed in Syria, and allow unhindered humanitarian access to needy areas there.
Last week, sac louis vuitton mode the opposition parties accused the government of denying a request from Elections Canada for the power to demand receipts for political parties' election spending. In his report on the 2008 federal election, Canada's chief electoral officer asked MPs to give him the power to request supporting documents from political parties for their expenses. Individual candidates are already required to provide their receipts, as are leadership contestants, Marc Mayrand told the procedure and House affairs committee. But opposition MPs say the Conservatives on the committee looking at the report overruled them last week, refusing to support Mayrand’s recommendation. Tom Lukiwski, the parliamentary secretary to the government House leader, sacoche louis vuitton said Mayrand suggested two options to deal with party spending, and the committee went with the option that cost the parties rather than taxpayers. The committee recommended the parties have their books audited to ensure they complied with the law. It's OK to swing for the fences and try to make a giant hit and establish a franchise. That is a worthy goal," said Harold Vogel, a veteran media analyst and president of Vogel Capital Management. "But still, you've got to wonder how the budgets get so out of control." One industry veteran said the fundamental problem with "John Carter" had less to do with budget than with cognitive dissonance: The action plays out on Mars (known as Barsoom in the books and the film), a planet that contemporary audiences know is barren and uninhabited. That creates a formidable, elephant-in-the-room challenge for the movie's marketers. "You're not able to sell that," noted the industry insider, who asked not to be quoted commenting on someone else's film. Posters that at one point had been adorned with a mysterious figure under the letters "JC" were replaced by ads that featured a shirtless man fleeing giant white apes and left prospective moviegoers scratching their heads. They have been confused,sacoche louis vuitton homme Sealey said: "What the hell is John Carter? What's the film about? I don't know who John Carter is. You've got to make that clear." "John Carter" still has the potential to earn some of its money back. The movie opened to just over $30 million in domestic box-office revenue and earned $70 million more worldwide — a pittance compared with the $600 million in global theatrical ticket sales that analysts have said the movie must generate just to break even. But it's not the "Star Wars" or "Star Trek"the studio was hoping, nor even the "Indiana Jones on Mars" that Stanton told Disney he hoped to make. The status of any "John Carter" sequels or theme park attractions is unclear. "It's not the first movie to cost a lot of money," said former Fox Studios Chairman Bill Mechanic, speaking about his own experience with big-budget movies — among them the high-stakes winner "Titanic" and the high-stakes loser animated film "Titan A.E." "With all the best intentions in the world — good script, great director, great cast — movies don't always perform. Sometimes they're just not interesting to the public."
The solar storm that seemed to be more fizzle than fury got much stronger early Friday before fading again. At its peak, it was the most potent solar storm since 2004, sac louis vuitton mode space weather forecasters said. No power outages or other technological disturbances were reported from the solar storm that started to peter out late Friday morning. Solar storms, which can't hurt people, can disturb electric grids, GPS systems, and satellites. They can also spread colourful Northern Lights further south than usual, as the latest storm did early Friday. And more storms are coming. The US federal government's Space Weather Prediction Centre says the same area of the sun erupted again Thursday night, with a milder storm expected to reach Earth early Sunday. The latest storm started with a flare on Tuesday, and had been forecast to be strong and direct, with one scientist predicting it would blast Earth directly like a punch in the nose. But it arrived Thursday morning at mild levels — at the bottom of the US government's 1-5 scale of severity. It strengthened to a level 3 for several hours early Friday as the storm neared its end.sacoche louis vuitton Scientists say that's because the magnetic part of the storm flipped direction. "We were watching the boxer, expecting the punch. It didn't come," said physicist Terry Onsager at the National Oceanic and Atmospheric Administration's space weather center in Boulder, Colorado. "It hit us with the back of the hand as it was retreating." Forecasters can predict a solar storm's speed and strength, but not the direction of its magnetic field. If it is northward, like Earth's, the jolt of energy flows harmlessly around the planet, Onsager said. A southerly direction can cause power outages and other problems. Thursday's storm came in northerly, but early Friday switched to the fierce southerly direction. The magnetic part of the storm spent several hours at that strong level, so combined with strong radiation and radio levels, it turned out to be the strongest solar storm since November 2004, said NOAA lead forecaster Bob Rutledge. Skywatchers reported to NOAA shimmering colourful auroras in Michigan, Wisconsin and Seattle — sacoche louis vuitton homme areas that don't normally see the Northern Lights — Rutledge said. Other space weather enthusiasts reported auroras in Alaska, Minnesota, and North Dakota and in the southern hemisphere in Australia and New Zealand. "Up north, they got a great display," said NASA solar physicist David Hathaway. By late Friday morning the storm was essentially over, forecasters said. But they had a new flare from the same sunspot region to watch. Preliminary forecasts show it to be slightly weaker than the one that just hit, arriving somewhere around 1am EST Sunday. The storms are part of the sun's normal 11-year cycle, which is supposed to reach a peak next year. "This is what we're expecting as we approach solar maximum,"" Onsager said. "We should be seeing this for the next few years now."
Renewed protests are due to be held in Moscow and other Russian cities following Vladimir Putin's victory in last weekend's presidential election. Authorities have given permission for up to 50,000 protesters to gather on one of central Moscow's large avenues. A wave of protests was sparked last December by evidence that parliamentary elections had been rigged. Similar allegations have surrounded the presidential vote, sacoche louis vuitton which saw Mr Putin win a third term. Foreign states have accepted Mr Putin's victory but observers said the poll had been skewed in his favour. The BBC's Richard Galpin in Moscow says some opposition leaders are playing down expectations of a huge turn-out on Saturday, partly because their movement has failed to stop Mr Putin securing another term. Saturday's demonstration will be an important test of the appetite for continuing the street protests, he adds. There are suggestions the opposition should change tactics and focus on setting up new political parties to try to challenge those in power. Arrests The Moscow protest will take place on Novy Arbat,sacoche louis vuitton homme a vast avenue lined by 1960s skyscrapers. "If we achieve a growth in the protests, if 100,000 people come out, it means we can quickly get results," said Sergei Udaltsov, one of the protest organisers. "If there won't be that number, it means that there will be longer-lasting work." He said the main slogan of Saturday's protest would be: "These were not elections. This is not a president." Last Monday, a day after the election, police arrested about 250 protesters in Moscow and another 300 in St Petersburg. Moscow officials say about 2,500 troops, police and civilian auxiliaries will be on duty in the city on Saturday, Itar-Tass news agency reported. Mr Putin was re-elected for six years, sac louis vuitton mode having served two previous terms as president between 2000 and 2008. On Friday, US President Barack Obama called Mr Putin from Air Force One "to congratulate him on his recent victory", a White House statement said. Mr Obama said he looked forward to hosting Mr Putin at the G8 Summit in May at Camp David.