CEO and President Jennifer Williams says as it stands under the 1969 Churchill Falls contract, it provides Quebec with 15 percent of their power needs.
The first of four webinars hosted by NL Hydro about the MOU with Hydro Quebec got underway yesterday with about 200 attendees. CEO and President Jennifer Williams says as it stands under the 1969 Churchill Falls contract, it provides Quebec with 15 percent of their power needs. At a fixed price of 0.2 cents, Williams says that’s just about free and because of that price, they have made billions by selling excess power over the years. NL has gone as far as the Supreme Court of Canada, which deemed the deal. Valid. Williams says Hydro Quebec also owns one third of the plant. NL Hydro owns two-thirds, which Williams says does not change at the end of the contract. She says this new MOU indicates a new, fair and competitive deal will replace the 1969 contract.
Funeral arrangements are in place for Nola Roberts of Nola's Trendsetters, who passed away yesterday
AG's latest report contains 132 recommendations but 57 of them are old
Lots of Cormorant helicopters will be flying around the west coast during the next week
Multicultural Food and Craft Fair at the Corner Brook Legion tomorrow
78-year-old McIvers man appears in court charged with attempted murder
