- Foghorn Leghorn
- December 05, 2012 - 10:15
Why do I get that sinking uneasy feeling the more information that you see being released surrounding this project. 1) Manitoba Hydro the very company hired to review Muskrat Falls is having problems keeping it's own financial obligations in order. 2) SNC Lavalin the main engineering company involved in the project is embroiled in it's own international controversy over mishandling finances. 3) Now we learn that our own provincial government is looking at legislation to set rates for Muskrat Falls power, taking that responsibility away from the PUB. Then when you throw in the recent new privacy legislation passed by our government it the icing on the cake. I just feel I will be watching all of this unfold on a future episode of W5 or the Fifth Estate!
- December 04, 2012 - 15:19
NL's PUB hired Manitoba Hydo as a tool to make an asssement that was concluded nill/void due to lack of nalcor's infomation and uncompleted studies. But dunderdale and kennedy have attached themselves to this report...Why?
- Corporate Psycho
- December 04, 2012 - 14:27
I can't believe this debacle is going ahead. As far as I'm concerned it was always about the special interests. They now have an open cheque book at the regular joe's expense.
- December 04, 2012 - 10:19
its called the ndp at work russell. here in manitoba TODAY'S NDP which they like to call themselves gutted manitoba hydro to balance the books. we are already over a billion in debt and growing for the fical year, in return they allow the hydro company to raise its rates to consumers. TODAY's NDP have no clue how to control its spending, let alone run a province. anything the ndp say or do in newfoundland/labrador shouldn't be taken seriously, they are like their manitoba cousins. OUT TO LUNCH !
- December 04, 2012 - 09:57
Now Russell don't go confusing the Muskrat Falls supporters with facts, they don't like that. Their little minds can only comprehend what the government tells them to think. Great article that needed to be shown, it is just more evidence of the fact that the government is trying to ram this through come hell or high water, and they have plenty to hide.
- Ed Power
- December 04, 2012 - 08:22
"The shine of two new massive new dams isn't as shiny as it once was". Indeed. Cost overruns of 47.5%, 56% and 85% - one does see a pattern here. It isn't suprising, however, given MHI's history. The choice of Manitoba Hydro as the independent expert selected to review the MF Project always troubled me. A simple Google search was sufficient to reveal their own troubled history with power projects. Failure to control project costs, inadequate market analysis and excessive capital costs led the Manitoba government to appoint a Commission of Inquiry (Tritschler) into Manitoba Hydro in 1977. In January ot this year, Manitoba Hydro was cited by the PUB because "the Utility's business plan is incomplete, lacks required detail and has not been tested through what has been promised as a Needs For And Alternative To (NFAAT) review by an independent tribunal that will have full access to the economic and financial assumptions that underpin MH's business plan". Hardly a glowing review of their abilities in the area(s) in which they were deemed - by Nalcor and our Government - to be "experts", when it comes to reviewing our own dam project. One can only imagine the "unforeseens" - the "unknown unknowns", as former US Secretary of Defense Donald Rumsfeld famously said of another "slamdunk" project - that will emerge as construction begins on a dam project in the Labrador wilds. "There are strange things done in the midnight sun, by the men who moil for gold....."