Monday, November 30, 2009

N.L. Wants Upper Churchill Hydro Contract Renegotiated

From The Montreal Gazette:

Province says there is a "compelling" argument to reopen deal.

The government of Newfoundland and Labrador, through its energy corporation Nalcor, is asking Hydro-Québec to renegotiate the Upper Churchill contract.

Premier Danny Williams told the legislature Monday, shortly after it opened for the fall sitting, that the request was made after the province discovered a "very legitimate and compelling" legal argument that has yet to be tested in the courts.

Read more ....

My Comment: Every year the Government of Newfoundland makes the demand that the contract must be reopened .... and every year Hydro Quebec says no.

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