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Wednesday, March 24, 2010

Energy Deal between NB and Quebec cancelled


A political bombshell in the Legislature from Premier Shawn Graham.
The premier says it's with much regret they are no longer proceeding with discussion to finalize the energy agreement with Hydro Quebec.
The Premier still maintains the original deal announced last October and the revised agreement in January were in the best interests of the province.
He says over the past several weeks Hydro Quebec asked for changes that Graham says would take value and added risk to the agreement for New Brunswickers.
Graham does concede he could have done a better job of involving people in the process.