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Recent comments

  • Corporate Psycho
    August 22, 2013 - 20:17

    Bout sums it up Gerry.

  • Tony Rockel
    August 22, 2013 - 14:52

    No, Gerry, you are not out to lunch, but the Dunderdale government certainly is, and they're several sandwiches short of a banquet.

    • Bruno Marcocchio
      August 22, 2013 - 15:45

      Gerry you understand the tortured financing and putting off paying for MF when it is commissioned (like all energy projects). The financing is for 57 not 50 years! The grandkids wont be pleased they are on the hook for essentially paying the accumulated interest that will cost ratepayers billions extra over the cost of construction that will likely come in close to 12-14 billion. This at a time when consultants to the energy industry are warning that traditional 30 year financing poses a risk to utilities due to radpdly changing production and distribution of energy!. Unfortunately there is no risk for Nalcor who have a captive market with the Nalcor monopoly and a guaranteed return. Ratepayers and their kids and grandkids will pay a heavy price for the most expensive power ever produced in N America.