Many owners and renters of businesses along Commercial Drives sustained severe loss of revenues when FortisBC closed 1st Avenue for months in order to place a new 30 inch gas line under 1st Avenue. Businesses collectively approached Fortis BC asking for fair compensation for the severe negative intrusion into their businesses to which Fortis BC denied any compensation whatsoever.
In other words, Fortis BC send the strong message that it is okay to severely compromise other businesses so that Fortis BC can enjoy development and presumably profits from the development. To quote a recent Fortis BC representative, “we don’t generally compensate anyone for our actions despite the impact…”. The end result is that the Commercial Drive businesses have been forced to take legal action as Fortis BC has made it is clear that in order to improve profitability of their pipelines, they are not prepared to compensate anyone despite severely impacted businesses.
“A lot of these businesses are small businesses. They can’t afford any loss, let alone 20 to 50 per cent,” Fuoco said to CTV.
Mr. Fuoco also stated to Global News that “They kept saying to us that they would do it and it was just a matter of time, and then for them to renege like that and tell us to lawyer up was quite a surprise actually, quite a shock”.
Thankfully, Mr. Fuoco and business owners in his position have hired Wes Mussio of Mussio Goodman, who will ensure they get their fair compensation for their loss of revenue.
Read and watch Federico Fuoco’s Interview with Global News: Commercial Drive businesses set to launch court action against FortisBC over 1st Ave. closure
Read Federico Fuoco’s Interview with CTV: Gas line replacement leads to traffic disruptions in Coquitlam