New Brunswick should be wary of any deal with Quebec

Published Saturday October 31st, 2009

Letters to the editor

C4

Re: Sale of NB Power

Premier Shawn Graham waited awhile before commenting upon the discussions taking place between Hydro Quebec and NB Power, and his week of silence has been ponderous.

New Brunswickers should be wary of any deal made with any entity of the government of Quebec, as history has shown repeatedly how perilous any arrangement with that government can be.

New Brunswickers should not be taken in by any promises of lower power rates in their immediate future, as any such promise will come with a definitive shelf life that will have no guarantees beyond that date.

Do we want to see our power plants shut down to save costs with job losses this province cannot afford?

Quebec is interested solely in our power corridors into the USA and nothing else. Such a deal would be a direct slap in the face to other Atlantic jurisdictions seeking to move power into New England, and these deals should be closely examined before inviting a Quebec takeover.

Does NB Power need a shake-up? Sure they do, and a serious one, but that can be done in-house by rooting out the greedy and the deadwood currently managing it. New Brunswick should not need Quebec to manage that!

Premier Graham should be made aware that any attempt to sell out NB Power to Quebec without first gaining the support of New Brunswickers cannot and will not be tolerated by the public.

James Thompson

Fredericton

This province is on the verge of an overdose

Re: Crown corporations

Is there a bottle of stupid pills floating around in the Crown corporations' watering hole?

The N.B. Liquor Corporation has of late moved a store to one of the worst possible location they could find. This Prospect Street location is extremely congested and has a limited supply of terrible parking spaces.

They are on an incline and are shared by shoppers of a grocery store. There are people walking everywhere and the congested traffic is crazy.

They decided we did not need a location downtown, and with little protest and most likely a big pile of money, they pulled up stakes.

Now all of a sudden we need another location - kind of - but not really downtown and about three blocks from another location.

Oh yeah, that location is a six-pack and wine outlet, another brain wave.

And let's not forget the Selection brand. We will just sell our own beer at the same price as all the other beer people have been drinking for years and stop cross border shopping.

I just cannot for the life of me figure out why that flopped! Was it the cans or the name?

And the lowest of tricks was to invite suppliers to increase there prices so the corporation could make more money on their mark-up.

And now, to make matters worse, I think NB Power has found the bottle again. I think this province's prescription needs to be updated before it overdoses.

Miles Gahan

Maugerville, N.B.

How stupid do you think we are?

Re: Sale of NB Power

Cheaper power rates! Have we heard this before?

In the 1960s we were assured that if the Mactaquac Dam were built, we would have cheaper power rates.

It didn't happen.

Later it was Coleson Cove. Cheaper power rates were promised yet again, but it didn't happen.

Point Lepreau was built, along with cheaper power rates assured. It didn't happen.

In baseball when you have three strikes, you're out. The New Brunswick government and NB Power have struck out.

How can we trust them?

Remember the orimulsion deal and the refurbishment of Point Lepreau (guaranteed that it would be on budget of $400 million and done on time; now it needs $1.6 billion more and 18 months beyond the projected completion date).

Now New Brunswickers, can we trust this government and their management of New Brunswick? I think not.

We're being told that if we sell out to Quebec, it will be a win-win deal. I think not.

How stupid do Shawn Graham and David Hay think we are?

Gordon Mowry

Williamsburg, N.B.

 

Comments (4)

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after nb power sale ...what's next??? crown land...fresh water rivers... ps nb power deal include rivers feeding power generating dams, yes or no??????????? whth a sweet dial for quebec! or is thisa halloween bad joke???
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ronald brideau, portage st-louis on 01/11/09 07:43:44 PM AST
Need more information.
Like most I was quite surprised by the announcement to sell NB Power. Compare this sale to a farmer who owns a farm and has debt of $1 million and is scrapping by just to pay the interest on the debt. Then a wealthy German couple comes along and offers them $2 million for the farm. Would you sell the farm? Why are Quebec's power rates 40% lower? We know NB Power has $4.7 Billion in debt. What are the assets worth? Show me a 25 year plan for our future electric bill vs. a very mediocre at best 5 year rate guarantee. Energy is one of the biggest growth commodities in the world. What will its value be worth in 20 years? Are we selling ourselves short? Is selling to Quebec or anyone the right thing to do? My feeling is that an “independent review” by an accounting firm should be done immediately to ensure the sale is a good decision and is that it is “seen to be” good for all New Brunswicker’s.
Ron Berry
Riverview

To verify call my cell (506)850-8876
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Ron Berry, Riverview on 01/11/09 09:48:37 PM AST
Our electric bills may remain reasonable for a while but what about our tax bills when we no longer have the revenue from NB Power coming in. Will any of us be able to afford to live here? We are selling one of our biggest revenue sources. The money for services has to come from somewhere. Other provinces pay to have power routed to Maine through NB. Will NB be left with the environmental damage if Lepreau gets shut down?
Will big business be able to stay here if the cow no longer can provide incentives? Maybe big business should reconsider the long term ramifications of this move.
Shaun Graham's move could truly make New Brunswick a "have not" province.
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fellow traveler, Fredericton on 02/11/09 03:00:51 AM AST
Gordon Mowry, aren't you a pastor/Christian? ... you should know better then to put your faith in 'man'. You may not like how the government carries out their 'promises' (or lack thereof) ...but, at the same time, these men and women are in a place of authority. I guess whatever the government decides doesn't mean we are always necessarily going to like it. And, as a Christian, you should know, that it's just a sign of the times.
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R O, Fredericton on 02/11/09 06:11:59 AM AST
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