Mr. Speaker, once the power purchase agreements are signed, then those are bankable in the sense of being able to go out and go to the financing market so that they can then get the money to build this facility. The issue, as was laid out to Members and was raised earlier, was during the construction phase, until the power can flow there needs to be a backstop. There were initial requests made in the previous government to have a request made to the federal government to give an exemption around this project. The last government, the response wasn’t favourable to that request. The work has continued and the idea…and there’s been some discussion lately about finding a private sector partner to step in and carry that and see that part of the project started. Thank you.
Floyd Roland on Question 70-16(5): Taltson Hydro Expansion Project
In the Legislative Assembly on March 24th, 2010. See this statement in context.
Question 70-16(5): Taltson Hydro Expansion Project
Oral Questions
March 23rd, 2010
See context to find out what was said next.