I suggest that if the three-member panel strips away the MOU’s obnoxious complexity and opacity, the people of this province will begin to understand that the Churchill Falls contract renewal amounts to this: Hydro-Quebec is advancing NL funds in the early years only to maintain the full benefit of the 1969 contract.
Aired by the CBC in two parts, Vardy explains to reporter Leigh Anne Power the importance of independent review, how such a review should be constituted, and how an arms-length approach can be achieved.
Memorandum of Understanding (MOU) epitomizes the long-standing imbalance between our provinces, with Quebec leveraging its geography and position as an economic giant to dictate terms
There has been a massive transfer of wealth to HQ and Quebec which will continue for another 51 years. Nothing has been learned, nothing has changed, it's deja vu all over again.