- November 04, 2013 - 09:36
When completely clueless rubes win the lottery, far more often than not they quickly squander their good fortune. And they they end up much more angry and unhappy than when they were poor, precisely because they temporarily experienced the trappings of wealth. If you don't understand the pount of this story, you are this government's perfect citizen.
- Give away
- October 24, 2013 - 13:01
How did Newfoundland & Labrador let the likes of this happen?
- Corporate Psycho
- October 22, 2013 - 20:49
Nl is paramount because we are paying 20 cents and NS will be paying 4 cents.
- October 22, 2013 - 10:54
I guess we won't see holyrood close now. Ed Martin as just admitted that Muskrat falls will depend rainfall and snowfall for it output instead of a water management agreement with Hydro Quebec. Which goes to show that he believes Hydro Quebec will win there case on water rights on the Churchill river.
- Foghorn Leghorn
- October 22, 2013 - 09:01
I love this plan, we will supply power to Nova Scotia and local mining interests for below cost. While local residential customers pay through the nose twice, once to finance the project and the other to buy electricity, I think I must have missed my daily dose of Nalcor kool-aid?
- October 22, 2013 - 07:37
From my initial review of the filing Nalcor have been able to negotiate a deal which may just meet the UARB requirements, but have not given away the farm. I expect they have given away the 1.4 TWhr of RECALL that presently remains from the Upper Churchill contract. There remains 2 questions. The first is will this increase our rates from what was provided, and voted in the house of assembly, for the DG3. Secondly, there is now now limited power remaining for mining in Labrador. Has Nalcor now conceded that the mining in Labrador can be fed by Hydro Quebec. Lastly when will they release the terms of the PPA between NL hydro and Nalcor? Nova Scotia are getting a great deal, brought to them by the largesse of the Government of Newfoundland and Labrador. I guess this link was always about the loan garuntee.
- Jon Smith
- October 22, 2013 - 06:44
There's lies, lies and there's damned lies. It is high time that somebody in government stands up and admits to the humungus blunders taking place with this project.