The name David Vardy has been linked with criticism of the Muskrat Falls project since its earliest days, when he had already retired from public service. Vardy, a former Clerk of the Executive Council and Secretary to Cabinet and chairman of the Public Utilities Board, says the questions we really need to answer are about democracy and how we as a society are going to respond to Muskrat Falls. I sat down for an interview with him before he left for the Muskrat Falls symposium in Happy Valley-Goose Bay. Q: What makes you happy about what’s going on with the Muskrat Falls issue right now? Anything? So what makes me happy is that we finally have a public inquiry. And this is not the public inquiry that I asked for: what I wanted was a panel of people that were very knowledgeable about construction projects. And what do we end up…
Was Newfoundland and Labrador’s largest expenditure ever a mistake?
What’s the real deal with the proposed electricity rate changes in the province? They hardly seem justified. Is it Poll Goosing season?
This Labradorian suspects there is more than meets the eye on the proposed hydroelectric development in Labrador. Who really stands to benefit and who’s being taken for a ride?
One Labradorian pokes holes in the provincial government’s Northern Strategic Plan as falling short of providing adequate investments to promote growth in Labrador. Not only does the oil boom not contribute to Labrador development, the Labrador boom fails to as well.
If Labrador doesn’t benefit, this project must not go ahead. Brandon provides the research our government won’t…
A recap of the news conference this morning, including photos and the MOU document
What is being called a “major” announcement will be made this morning involving all the major players in the Muskrat Falls hydro development – Federal ministers, provincial ministers from Nova Scotia, and representatives from both Nalcor and Emera. The announcement is being billed as a “clean energy for Atlantic Canada” initiative, and is taking place at 9:00 this morning at Atlantic Place. The historic announcement means a much cheaper development for all involved parties; a loan guarantee on the proposed $6.2 billion project essentially lets the provincial government borrow money using the Federal government’s credit rating to reduce the interest paid on said loans. The loan guarantee would provide significant savings throughout the course of the project’s development. Stay tuned to TheIndependent.ca for pictures of the new conference. Source: VOCM