EDITORIAL: Investor’s exit changes little

NANAIMO – Boat basin still needs large infusion of cash to bring it up to snuff.

The Pacific Northwest Marina Group’s about face on a proposed 30-year lease of the Nanaimo Boat Basin caught most people by surprise.

While the company is remaining tight-lipped over its decision – Bernie Dumas, Nanaimo Port Authority CEO, said Pacific Northwest’s reasons included the timeline for an environmental review and other opportunities providing quicker return on its investment – one has to wonder how much the waves of protest by Nanaimo residents and marina stakeholders played a part.

The small, but vocal, opposition was dead set against what it called the privatization of the harbour – shutting out resident boaters and local fishermen in favour of multi-million dollar yachts from the U.S.

Whether that would have ever been the case won’t be known now, as the port authority simply plans to carry on managing the marina as it has in the past. Everything remains status quo.

And while that might seem like a victory for those who want the boat basin to remain just the way it is, it’s far from a win-win situation. It raises the question, what’s next?

One only has to take a walk along the aging docks to see the boat basin in its current form cannot remain the same.

It requires an infusion of cash – and a significant amount – to bring it up to today’s standards.

Already D dock has been closed to all use because of safety concerns. What’s next? A, B, C – pick your letter – dock closed as well?

The boat basin needs to be shipshape and someone has to pay for it. If the people don’t want out-of-town investors with deep pockets willing to invest $9 million into the aging infrastructure, that’s fine. That leaves the taxpayer footing the bill.

The people have protested, criticized and apparently won.

Now its time to step up and pay to keep the shine on our jewel of a harbour.

Just Posted

Nanaimo Fire Rescue crews on scene at a boat fire near the boat ramp at Long Lake on Sunday, June 20. (Greg Sakaki/News Bulletin)
Boat burns up on Nanaimo’s Long Lake, man and child unhurt

Jet skiers attempt to put out fire by circling around to spray water on burning boat

Nanaimo Track and Field Club athletes are off to a fast start this season after no competition last season due to the pandemic. (News Bulletin file photo)
Nanaimo athletes back on track, starting with club competitions

Nanaimo Track and Field Club registration filled up

A conceptual rendering of a commercial plaza at 1130 Rocky Creek Road. (Town of Ladysmith image)
Commercial plaza in north end of Ladysmith passes public hearing

Councillors debate proposed land use at 1130 Rocky Creek Rd.

The Nanaimo sign at Maffeo Sutton Park could be hazardous for children, says letter writer. (News Bulletin file photo)
LETTER TO THE EDITOR: Nanaimo sign will cause falls

Children can’t resist climbing on sign, says letter writer

John A. Read, who was inspired to leave his former career to become a professional astronomy by the purchase of a $13 telescope, will give beginning astronomers key pointers on how to set up and get the best performance from their instruments at Nanaimo Astronomy Society’s meeting June 24. (Photo courtesy Jennifer Read)
Astrophysicist will talk about getting the most out of a telescope at Nanaimo astronomy meeting

John Read’s purchase of a $13 telescope led to a degree in astrophysics and a career in astronomy

Robin Dutton, left, and Peter Sinclair are taking their mountain bikes and travelling down trails in the Mount Benson area June 19 as part of a 24-hour fundraiser benefiting Loaves and Fishes Community Food Bank. (Karl Yu/News Bulletin)
Full-day mountain bike fundraiser gives financial support for Nanaimo food bank

Event part of Loaves and Fishes Community Food Bank’s Food 4 Summer campaign

FILE – Most lanes remain closed at the Peace Arch border crossing into the U.S. from Canada, where the shared border has been closed for nonessential travel in an effort to prevent the spread of the coronavirus, Thursday, May 7, 2020, in Blaine, Wash. The restrictions at the border took effect March 21, while allowing trade and other travel deemed essential to continue. (AP Photo/Elaine Thompson)
Feds to issue update on border measures for fully vaccinated Canadians, permanent residents

Border with U.S. to remain closed to most until at least July 21

A Lotto 6/49 ticket purchased in Parksville for the June 19, 2021 draw is a $3M winner. (Submitted photo)
Winning Lotto 6/49 ticket worth $3M purchased on Vancouver Island

Lottery prize winners have 52 weeks to claim jackpot

(V.I. Trail/Google Maps)
Now 90% complete, Vancouver Island trail forges new funding partnership

Victoria Foundation takes on Vancouver Island Trail Association; fund valued at $40,000

Blair Lebsack, owner of RGE RD restaurant, poses for a portrait in the dining room, in Edmonton, Friday, June 18, 2021. Canadian restaurants are having to find ways to deal with the rising cost of food. THE CANADIAN PRESS/Jason Franson
Canadian restaurateurs grapple with rising food costs, menu prices expected to rise

Restaurants are a low margin industry, so there’s not a lot of room to work in additional costs

A portion of the George Road wildfire burns near Lytton, B.C. in this Friday, June 18, 2021 handout photo. THE CANADIAN PRESS/HO, BC Wildfire Service *MANDATORY CREDIT*
Blaze near Lytton spread across steep terrain, says BC Wildfire Service

Fire began Wednesday and is suspected to be human-caused, but remains under investigation

RCMP crest. (Black Press Media files)
Fort St. John man arrested after allegedly inviting sexual touching from children

Two children reported the incident to a trusted adult right away

Barbara Violo, pharmacist and owner of The Junction Chemist Pharmacy, draws up a dose behind vials of both Pfizer-BioNTech and Oxford-AstraZeneca COVID-19 vaccines on the counter, in Toronto, Friday, June 18, 2021. An independent vaccine tracker website founded by a University of Saskatchewan student says just over 20 per cent of eligible Canadians — those 12 years old and above — are now fully vaccinated. THE CANADIAN PRESS/Nathan Denette
At least 20% of eligible Canadians fully vaccinated, 75% with one dose: data

Earlier projections for reopening at this milestone didn’t include Delta variant

Most Read