The new Churchill Falls agreement is exactly the kind of project and partnership Canada needs right now and into the future.
So says the CEO of Hydro-Québec, who was in Churchill Falls for the first time today to tour the town and massive generating station run by NL Hydro.
Concerns about the MOU, in light of tariff tensions with the U.S., were addressed and dismissed during a virtual media briefing with Hydro-Québec‘s Michael Sabia and NL Hydro CEO Jennifer Williams.
Sabia was asked whether the continued uncertainty could impact construction or possibly completion of the project.
CEOs Williams and Sabia on tour. (Courtesy NL Hydro)
“This agreement is, in my opinion, a powerful example of exactly the kinds of things that we in Canada now need to do, that we need to step up, launch big ideas, secure our future as an independent, prosperous country, and not succumb to the unfounded threats coming from Washington.
“So, if anything, I would say what has happened recently in the United States does nothing but enhance our resolve to make this agreement a reality.”
Both Sabia and Williams insisted completion of the definitive agreements is still on schedule for April of next year.
“It is on track, full speed ahead, and it will be delivered,” said Sabia, adding he also believes 100 per cent that Gull Island will be developed.
(VOCM News via Webex)
