A former minister of energy in the federal government says no agreement is perfect, but that should be no reason to shy away from doing one.
Former Liberal MP Seamus O’Regan, who was in the Trudeau cabinet, was commenting in reference to the MOU on hydro development in Labrador.
O ‘Regan did a lot of work in that field when assistant to Premier Brian Tobin in the late ’90s, then studying Innu rights for his thesis in politics.
He says we have learned from previous mistakes but the MOU gives us what Newfoundland and Labrador needs: wealth and jobs – it will create 10,000 jobs.
“What we cannot be is paralyzed by those mistakes, because we don’t have the time,” he told VOCM Open Line with Paddy Daly.
“The things I was looking for, like an escalator clause and getting market value? We got it. We will not take cost over-runs, which we learned from Muskrat – we are not. That we will have majority ownership? We will.”
