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Showing posts with label Anthony Germaine. Show all posts
Showing posts with label Anthony Germaine. Show all posts

Tuesday, 22 December 2015

NOTES - MORNING SHOW INTERVIEW WITH ANTHONY GERMAIN

Notes - CBC Morning Show Interview, December 22, 2015
            Host: Anthony Germain

E&Y Review not a Review of Muskrat Falls project.

·       Not conducted because people in NL are concerned about cost overruns, or that they might have to sacrifice programs and services.

·       THIS IS ABOUT “comfort” for Bond Rating Agencies, given the amount of borrowing to be conducted.  About Opening the tap on maximum debt....

·       The Government wants to be sure it can borrow all the money Nalcor needs, not whether the project is managed by competent people or whether it makes financial sense.