Nova Scotia premier denies reports that deal is done to develop Lower Churchill

Published on November 17, 2010; Published on November 17, 2010
The Canadian Press ~ The News

Topics :: Emera Inc. , TSX , Nova Scotia Power , Nova Scotia , Newfoundland and Labrador

HALIFAX — Nova Scotia Premier Darrell Dexter is denying reports that an agreement has been reached with his province to develop the Lower Churchill hydroelectric project in Labrador.

Media reports in Newfoundland and Labrador say a deal has been finalized with Emera Inc. (TSX:EMA), the owner of Nova Scotia Power, to develop the project.

Dexter says negotiations are continuing on building a subsea cable between the two provinces but he is optimistic an agreement will be reached.

Premier Danny Williams of Newfoundland and Labrador has scheduled a news conference for Thursday to make an unspecified announcement.

Rate
Top of the page

Comments

dogloc

- November 17, 2010 at 17:38:32

Any deal made must be a fair deal & a bebifit to all provinces involved with shares & profits be done percentage wise to ensure that as profits rise, it rises for all parteners.There can be no one sideed deal as what happened with Nfld & qucbec.

Submit a comment

Submit a comment Your name* Email* (we keep all emails private) Write your comment here*
Agreement
We ask that users remain courteous. You may not post insulting, discriminatory or inappropriate content, which may be removed at our discretion. We are not responsible for user content and opinions. Use of this site as well as content submission & ownership are governed by our Conditions of Use and Privacy Policy.

Member organizations should be non-profit in nature, and promote legal activities. Any organization found promoting illegal activities or commercial products or services will be deleted from the site.

Conditions I agree with these conditions.

Submit a comment

Submit a comment Your name* Email* (we keep all emails private) Write your comment here*

Agreement

We ask that users remain courteous. You may not post insulting, discriminatory or inappropriate content, which may be removed at our discretion. We are not responsible for user content and opinions. Use of this site as well as content submission & ownership are governed by our Conditions of Use and Privacy Policy.

Member organizations should be non-profit in nature, and promote legal activities. Any organization found promoting illegal activities or commercial products or services will be deleted from the site.

I agree with these conditions.