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Showing posts with label Ed Martin Severance. Show all posts
Showing posts with label Ed Martin Severance. Show all posts

Monday, 6 June 2016

TIME TO TAKE CONTROL OF NALCOR

Written by David Vardy

The new government of Premier Ball ran on a reform platform of “openness, transparency and accountability”. It is time for them to show strong and decisive leadership and assert immediate control over all aspects of energy policy, including Nalcor and Muskrat Falls. By failing to do so, they have fallen into a quicksand which is not of their making. The sordid severance mess was also the creation of previous governments. 

At the center of the mire is Nalcor Energy, a crown corporation which has become a law onto itself and which is building the Muskrat Falls project, behind schedule and over budget. The new government should be questioning the very existence of Nalcor rather than being held in thrall by it.

Termination of the CEO
Instead of responding to Ed Martin’s request for a meeting in mid-April the government should instead, and much earlier, have called him in and dismissed him “with cause”, not “without cause” as the Board of Nalcor is reported to have done.