MoI to Shut Down Certain Companies Immediately

Day 965, 00:02 • Published in Canada North Korea • by Foreign Affairs Canada
MoI to Shut Down Certain Companies Immediately - Day 965



This article is to inform the citizens of Canada, that the Canadian President has made the decision for the Ministry of Industries (MoI) to temporarily shut down certain of our operations, effective immediately.

After careful analysis, and discussion with the CP and other Government Ministers, we have unfortunately decided to mothball certain Ministry of Industry companies to continue being able to provide some level of services close to our existing budget. Analysis has shown that the changes implemented in eRepublik V2, has caused some of our companies - primarily in the construction industry - to require an exorbitant amount of raw materials daily. The usage varies, but in general is approximately 30 times our previous requirements and more than 10 times the weekly cost. Where the V2 forumlas clearly stated that it would take 200 units of stone to build a hospital, for example, it is actually costing thousands of units each and every day for about 3-4 weeks. To keep all of the MoI companies in operation, would require an increase to our budget by over 250%. The primary reason for this is the increase (total) cost for raw materials. While prices for raw materials have gone down; the total usage of raw materials has increased exponentiallly. The President's direction is to stay as close as possible within our existing budget.

We realize the turmoil that the majority of Canadian citizens and Canadian businesses are going through right now with the implementation of V2. We had hoped that the two primary functions of the Ministry of Industries - injecting stimulus into the Canadian economy, and providing jobs for Canadian citizens - could be continued to be carried out to the same extent as before. The CP had to carefully weigh the costs vs. benefits, as well as other tangible and intangible results. The MoI will continue to provide economic stimulus of the same level as before to the Canadian economy, but it will not be within as many business segments as we were previously able to reach. As well, we will not be able to provide as many jobs as before. We estimate that some 60% of MoI jobs will be lost. Unfortunately, this primarily means the loss of Construction jobs in Canada for the time being. This turn of events is disappointing to say the least.

The MoI companies are being shuttered may be re-opened depending on when and if the Admins fix the usage forumlas, or if the CP determines that there is an urgent need. Decisions will be made on a company by company basis, on the basis of need and cost. We are sorry to say, that we don't expect this to be short term. We apologize to our workers who will be losing jobs, and to our raw materials suppliers and other business partners that will be affected by these unfortunate events. We can only hope that the situation will be corrected and we can resume these operations. The following companies will be shuttered, effective immediately:

http://i28.tinypic.com/xaqjdh.jpg" /> Canadian Defense Systems

http://i29.tinypic.com/o6fwhf.jpg" /> Health Canada

http://i26.tinypic.com/b7apmo.jpg" /> Q1 Government Infantry Arms

http://i26.tinypic.com/2dt13d1.jpg" /> Crown Stone Harvestry

http://i26.tinypic.com/2a5awl1.jpg" /> Q3 Government Luxury Housing

http://i32.tinypic.com/15ccyac.jpg" /> Q1 Government Housing

What does this mean for Canadian workers?
If you currently work in a Ministry of Industries company that will be shutting down, you will be losing your job immediately. You may or may not receive a termination notice. Consider this to be an apology if you do not receive your walking papers. We urge workers that are losing their jobs - if you can not find a well-paying job in your field - to build up a second skill-set, in another business field. For example, if you currently work in Construction, we suggest that you take a job in either the harvesting, or consumer goods production fields; if you can not find a good job in the field you have now. We expect that construction jobs will be far and few between, as other construction companies are also closing their doors for the time being.

What does this mean for some of our raw materials suppliers?
We will no longer be buying stone and will be reducing our purchases in iron by approximately half. We urge Canadian stone producers to evaluate foreign markets and purchase an export license. Note that right now, the ability to export to many more markets than before is possible, because with the advent of V2 many of the embargoes have been cleared. Make your choice wisely, as construction industries in many other countries may also be in the same shape as Canada, and there will likely be a renewed declaration of hostilities, once the war module is implemented, again limiting the ability to export to certain enemy countries and their allies. Likewise, we also urge Canadian titanium suppliers to purchase foreign export licenses. There is tremendous opportunity in foreign markets, due to their low supplies and high demands for titanium. Because every titanium company based in Canada automatically has the ability to sell within Canada, the titanium prices in Canada will always be some of the lowest in eRepublik.

What does this mean to Canada?
Unfortunately, we are temporarily closing the doors on our Hospital and Defense Systems construction companies. Don't be alarmed. Canada has had the foresight to take advance steps to stockpile both hospitals and defense systems in preparation for V2. We have plenty available should we need to defend our nation from hostile attack, and have agreements in place with our allies to supply more on a moment's notice. We can resume production at any time, should the need be, in an emergency. The Government leaders are putting their heads together to come up with dynamic solutions to the V2 fiscal crunch; but unfortunately, we are limited by in-game V2 parameters. We are also working with the eRepublik Administration staff, to keep them informed of the issues we are seeing, in hopes that through communication, they can solve these issues.

Again, we apologize for any inconvenience that this may cause our loyal workers and the Canadian business community. Aside from Congress increasing the MoI budget, we don't see any alternate way to stave off these closings due to the problems in the V2 roll-out. We can only hope that the issues with the V2 forumlas are fixed with haste, to avoid further decline in our economy.

Citizen B, Minister of Industries
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