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Opposition vows to fight NB Power sale

Last Updated: Thursday, November 19, 2009 | 8:43 PM AT

Opposition Leader David Alward says New Brunswick will lose control over its energy policy if the NB Power sale goes through.Opposition Leader David Alward says New Brunswick will lose control over its energy policy if the NB Power sale goes through. (CBC)New Brunswick's opposition leader has vowed to do everything he can to stop the sale of NB Power.

But David Alward admits the Shawn Graham Liberal government has the numbers to push the deal through in the legislature and there's little he can do.

Alward delivered his official response to the government's throne speech Thursday and focused entirely on the proposed sale of NB Power to Hydro-Québec during his 70-minute speech.

"This deal is so wrong in so many ways," he said.

'If this goes through, generations down the road will be cursing those who let it happen.'—Opposition Leader David Alward

"If this goes through, generations down the road will be cursing those who let it happen. I will have to live with myself, and that will be hard if I can't honestly say I didn't do all I could do to stop this."

Alward contends New Brunswick will lose control over its energy policy, despite government denials.

"Just because [Premier Graham] can use the majority to get this deal signed before an election, doesn't mean he has the right or the moral authority to do so," said Alward, who has demanded an election over the issue.

House rules

Under house rules, the Liberals can move to limit debate in plenty of time to hit their April 1 deadline to get the deal signed, according to Tory MLA Bev Harrison, a former Speaker.

"The government will win the vote, and then they can fix the hours of how long we will have to deal with the bill," he said.

Energy Minister Jack Keir accused the opposition of fear-mongering and politiking.Energy Minister Jack Keir accused the opposition of fear-mongering and politiking. (CBC)Energy Minister Jack Keir defended the controversial sale agreement, saying at least his government has a plan for lowering power rates and paying down debt, while the Tories do not.

"What did they do? Continue to critique, fear-monger and politick on probably the most important issue facing New Brunswickers in many, many years, and didn't offer one, not one alternative," he said.

Alward needs to explain what he would do to achieve those goals, said Keir.

Alward told reporters his plan is to manage NB Power better — something the Liberals say he failed to do as a minister in the previous Bernard Lord government.

Under the proposed sale, expected to be completed by the end of March, Hydro-Québec is to pay $4.8 billion for most of NB Power's assets, a sum that will wipe out the utility's debt.

Additionally, Hydro-Québec will freeze residential rates for five years and cut large industrial rates to the level paid currently by Quebec companies. The New Brunswick government values the rate savings at $5 billion.

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IN DEPTH: NB Power sale

Internal links

SPECIAL COVERAGE: Power Play website
Quebec's NB Power deal cut to $3.2B
Province retains control of NB Power in revised deal
3 Liberal ministers won't vote for NB Power deal
Hydro-Québec should not fear changes to NB deal: expert
Quebec minister changes tune on NB Power deal
NB Power deal has 'out' clause: energy minister
Hydro-Québec CEO speaks to Saint John business group
NB Power controversy helps PCs: poll
Power rate savings overblown
Cabinet minister clarifies his NB Power view
Irving firms benefit from NB Power deal
N.B. throne speech pushes NB Power sale
Lord government considered NB Power sale
N.B. Liberals critical of NB Power deal
McKenna hails NB Power sale as 'courageous'
Power rate hikes could pass inflation after 2015
Hydro-Québec CEO says rate structure not his idea
Mactaquac Dam could cost NB Power ratepayers
Industry big winner in NB Power sale
Energy minister defends NB Power sale
Long-term power rate cap needed: analyst
Opposition demands election over NB Power sale
Dalhousie mayor wants help over power plant closure
Quebec, N.B. strike $4.8B deal for NB Power
Energy deal must bring N.B. lower rates: Graham

Audio

N.B. Liberals at a weekend party conference take questions for 90 minutes on the proposed sale of NB
Liberal Kelly Lamrock discusses his views of the proposed NB Power deal

Video

Premier Shawn Graham is questioned on the proposed sale during a province-wide CBC call-in show

External links

NB Power's website
Hydro-Québec's website
Government of New Brunswick: Lower Rates for New Brunswickers' website
DOCUMENT: Memorandum of Understanding for proposed NB Power sale
DOCUMENT: Assessment of the Rate Impacts of the MOU between N.B. and Quebec regarding NB Power
FAQS: Government of New Brunswick on proposed NB Power sale
TIMELINE: Government of New Brunswick on proposed NB Power sale

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