FacebookTwitterLinkedInEmailPrint分享The Star:Experts say an annex in North America’s newest trade agreement could protect the Trans Mountain pipeline expansion from financial difficulties.The United States-Mexico-Canada Agreement (USMCA) forbids all three governments from giving non-commercial assistance to Crown corporations, meaning governments can’t help corporations restructure debt, rescue a corporation from bankruptcy, or support activities that will have “adverse effects” in another country.All three governments chose certain Crown corporations to be exempt from these rules. The Trans Mountain Corporation is one of Canada’s picks.Under USMCA’s Annex IV, the federal government can support Trans Mountain Corporation with non-commercial assistance “for the sole purpose … to return (the enterprise) to viability and fulfil its mandate.” The government is allowed to provide assistance to the pipeline until Trans Mountain Corp. is privatized or 10 years have passed since the original agreement.Blake Shaffer, an energy adviser at the C.D. Howe Institute, said the annex could put a time limit on the government’s ownership of the Trans Mountain expansion project. “It’s … noteworthy that a countdown is on,” Shaffer told iPolitics. “At the very least, it makes it a credible statement when the federal government says it doesn’t plan to remain in the pipeline business.”Jack Aubry, a spokesperson for the ministry of finance, refuted that claim, saying there is “no specific” timeline for the divestment to occur — only that the agreement allows Trans Mountain to be exempt from UMSCA rules governing other Crown corporations for 10 years.More: USMCA protects Trans Mountain from money problems: experts Canada carves out protections for Trans Mountain pipeline in new free trade agreement
“We are a family business. Our fuel cells are built by racers for racers,” said Culp, who grew up at a drag strip, got hooked on circle track racing in his first visit to Eugene Speedway and returned recently to the dirt late model ranks. “I designed them and tested them myself.” Superior Fuel Cells will give 22-gallon fuel cells to national rookies of the year in both divisions, as well as $100 product certificates to sixth through 10th place drivers in each of the five Modified regions. All three had fuel cells manufactured by his Creswell, Ore., company, a new sponsor for both IMCA Modifieds and IMCA Late Models. Superior also gives a 22-gallon fuel cell to the top Modified non-qualifier at the IMCA Speedway Motors Super Nationals fueled by Casey’s. Cottage Grove is Culp’s home track and a weekly home to IMCA Modifieds and Karl Kustoms Northern SportMods. Rookie of the year and regional awards will be presented during the national banquet in November or mailed beginning the following week from the IMCA home office. “IMCA’s base principle is all about the Saturday night racer and helping keep the sport affordable,” he added. “We share that principle. We manufacture a high quality product that is going to last.” “It is great to work with a company whose vision is in alignment with IMCA’s, and Superior Fuel Cells is one of those companies. Paul races and knows what he wants in a quality fuel cell, and he brings that expertise to his products,” noted IMCA Marketing Director Kevin Yoder. “It is great to bring their support of IMCA racing from the Pacific Northwest to each Modified region across the country, as well as to Boone Speedway and Super Nationals in September.” “When we sell a fuel cell, it’s complete from the get-go. Everything is included. There aren’t any add-on’s. We do our best to give a great product at a great price,” Culp said. “We are a natural fit with IMCA. They do their best to provide a great product for drivers and fans.” CRESWELL, Ore. – Sitting in staging at Cottage Grove Speedway, Paul Culp knew he had to have a picture taken of the cars lined up ahead of him. Information about Superior Fuel Cells-manufactured fuel cells and accessories is available by calling 541 895-4224 and at the www.superiorfuelcells.com website.