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Category Archives: Hydro-Quebec-26-Labrador
Consumer Policy Institute warns of big rate hikes and pressure for taxpayer bailout. Continue reading
FREDERICTON — Negotiations that could see key assets of New Brunswick’s public utility company sold to Hydro-Quebec are at a crucial stage, the government of Premier Shawn Graham said Monday as two other Atlantic premiers expressed concerns about a possible deal.
The New Brunswick government has been under pressure in recent days to reveal details of their discussions with Quebec amid fears that the province could give up control of NB Power, a Crown corporation.
There are so many good things that can be said about the proposed Quebec-Newfoundland hydroelectric mega-project on Labrador’s Churchill River that it seems almost churlish to point out that it seems to make no economic or environmental sense.
CHURCHILL FALLS — A new hydroelectric project in Labrador would be “economic craziness” for the Newfoundland and Quebec governments, as well as for Ottawa which is being asked to provide up to $2 billion, says a national energy watchdog.
“This deal has the makings of a major financial mistake,” said Tom Adams of Energy Probe, a consumer and environmental lobby group.
“It will be generating high-cost power at a time when we are coming into a glut of low-cost power.”
Churchill Falls II might not be Great Whale, but Hydro-Quebec faces some familiar skepticism over its calculations of `no-risk’ power generation
Job-hungry politicians. Angry Indians. Worried environmentalists. The cast of characters was all too familiar this week as Quebec and Newfoundland announced a $9.7-billion hydroelectric megaproject on the Churchill River.
Bernard Landry, Quebec Premier, is showing some serious interest in a $4 billion hydro project on the Lower Churchill River. Talks between the two provinces are still in the early stages, but there is more optimism a deal can be reached than ever before.
HALIFAX — The Canadian provinces of Quebec and Newfoundland said yesterday they had reached an informal agreement on developing a massive hydro-electric project at Gull Island in the remote Labrador region of eastern Canada.
Speaking at the annual premiers conference in Halifax, Quebec Premier Bernard Landry and Newfoundland Premier Roger Grimes told reporters that the deal was a prelude to any formal agreement that may be reached between the two provinces. The estimated cost of the dam and transmission lines in Labrador could reach C$4 billion ($2.5 billion). Continue reading