NEW NL HYDRO CHIEF SHOULD START OVER

Denial and deception came easily to the politicians and bureaucrats who had the audacity to sanction Muskrat.  Jennifer Williams, the new NL Hydro President, should decide now if she will take a different path than that taken by the recent Hydro Executives who helped enable the project.

Hydro management remained quiet as Hydro’s Board of Directors imposed a 50-year “take or pay” contract on the province’s ratepayers — for the full capital cost of Muskrat Falls. This contract flies in the face of Hydro’s obligations to protect their customers and to supply power on an effective and efficient basis. The Board shares in the blame for the creation of an economic condition that threatens our economy and the affordability of basic heat and light.