Yes, Mr. Speaker, the Members of this House will know that in the last couple of years there have been significant contributions, $20 million one year and $27.5 million the last year to offset costs related to low water. I have spoken to senior management at the Power Corporation and they are optimistic that no further funds will be required going forward. Their research indicates that the very low water levels of the last two years were a real anomaly. Going back to 1950, it was the lowest they had seen, and they're optimistic that water levels will be higher this year and going forward, so hopefully, they will not require any more funds from this government. Thank you.
Louis Sebert on Question 21-18(2): Impact Of Water Levels On Hydroelectric Power Generation
In the Legislative Assembly on February 19th, 2016. See this statement in context.
Question 21-18(2): Impact Of Water Levels On Hydroelectric Power Generation
Oral Questions
February 18th, 2016
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