BRIEFS: Marineland, GM sells Opel, Premier’s hydro math

There’s nothing wrong at Marineland, says the Ontario Society for the Prevention of Cruelty to Animals in its most recent inspection of the park. Marineland continues to face 11 cruelty to animal charges from previous inspections.  And Marineland denies all the allegations which relate to the treatment of the park’s land animals that include black bears, elk, red deer, fallow deer, guinea hens and a peacock. The park says an external veterinarian recently conducted an examination of all of Marineland’s animals and found no problems.

GM QUITS EUROPE

General Motors is selling its unprofitable European car business to the French maker of Peugeot, marking GM’s retreat from the continent and raising concerns of job cuts there. The price was $2.33 billion US for Opel in Germany and Vauxhall in Britain. In recent years, GM has failed to beat back the  native German hegemony in Europe — Mercedes, Volkswagen, BMW and Audi. It has also been out-played by Ford. GM says it will concentrate on the American and Chinese markets. In China, the lowly Buick (by North American standards) remains the best-selling car in that land of nearly one and a half billion souls.

CHECKING HYDRO MATH

And the Ontario budget watchdog will examine Liberal government arithmetic which claims it will cost a mere $25-billion in additional interest costs to bringing down the monthly cost of electricity. Premier Wynne recently announced 17-per-cent reduction in hydro bills thanks to the move Liberals say is like refinancing a mortgage over a longer period of time.

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