Divided reactions out from N.L. and Quebec on loan guarantee

Now that PM Stephen Harper has suggested a Lower Churchill loan guarantee is likely, two reactions have quickly surfaced: Premier Kathy Dunderdale says the campaign promise was the commitment she was looking for from Ottawa; Bloc Québécois leader Gilles Duceppe described it as “a slap in the face.” Harper said at a rally in our capital Thursday that if he’s re-elected, the loan would be a done deal, contingent on three conditions: the project must have national or regional importance, it must have economic and financial merit and it must significantly reduce greenhouse gases. Quebec intergovernmental affairs minister, Pierre Moreau, said it’s unfair because Hydro-Quebec has received no such support from Ottawa. “We are opposed to federal financing on this issue, because it would change the balance of the price on which we sell electricity on the international market.” Dunderdale has sent letters to the Liberal and NDP leaders, hoping they’ll make the same promise as Harper.

Get our weekly newsletter for in-depth reporting and analysis delivered straight to your inbox. You can unsubscribe from the newsletter at any time. Have a question? Contact us or review our privacy policy for more information.


Sign up for our weekly Indygestion newsletter


Sign up for the Indygestion newsletter

Each Saturday, we'll deliver a recap of all our in-depth reporting and analysis from the week.

Our donors make it possible.

Newfoundland and Labrador’s premiere outlet for progressive ideas is only possible with your support. Will you join us?

This site uses cookies to provide you with a great user experience. By continuing to use this website, you consent to the use of cookies in accordance with our privacy policy.

Scroll to Top