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IN DEPTH: NB Power sale
Internal links
- SPECIAL COVERAGE: Power Play website
- Quebec balked at NB Power sale costs
- Reaction from NB Power deal collapse
- NB Power deal collapse could hurt jobs
- 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
Photo gallery
Video
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
A former Liberal candidate is calling on the New Brunswick government to hold a plebiscite on the deal to sell key NB Power assets to Hydro-Québec.
Bethany Dykstra, a Moncton-area dairy farmer who unsuccessfully ran for the Liberals in 2003, is adding her voice to those who are demanding a vote on the proposed power pact.
'We are shareholders of NB Power and in any kind of business, if the shareholders have assets, they are asked if they should sell them before they are sold.'—Bethany Dykstra, former Liberal candidate and dairy farmer
Dykstra said on Friday there is too much at stake to move forward on the deal without giving people a say.
"We are shareholders of NB Power and in any kind of business, if the shareholders have assets, they are asked if they should sell them before they are sold.
"It shouldn't be decided by 55 people. It shouldn't be decided by one cabinet or caucus ... We are owners of this. We have been told this many times before, we are a public utility."
Dykstra contends there are a lot of red flags in the deal, including the refurbishment of Point Lepreau — which is 16 months behind schedule with estimated cost overruns to top $1.6 billion. As well, the future of fossil fuel plants in the province and the uncertainty about what will happen with residential power rates after the proposed five-year freeze have to be considered.
"I think they should be sitting back to the table and looking at where the real problems lie," she said.
"Lepreau is one. Pull the plug on it if that's what it takes, but for us to give up our autonomy, to give up our right to even talk about how heating should be in our province, is very unsettling."
Dykstra has set up an email account and a phone number for people who support the idea of a plebiscite: nbpeoplefirst@hotmail.com, 506-372-4685. She says she's already getting a lot of responses.
The plebiscite question would be simple, she said.
People would be asked if they agreed with the sale of NB Power, and could answer yes or no.
Proposed deal
Under the proposed deal announced Oct. 29, Hydro-Québec would take over most of New Brunswick's generating stations for $4.8 billion, which represents the equivalent of NB Power's debt, Premier Shawn Graham has said.
Hydro-Québec would also freeze residential power rates in New Brunswick for five years. During the same period, large industrial rates would be lowered to the power prices offered to the same customers in Quebec, but they would not be frozen.
The sale needs legislative approval before it can go ahead. The Progressive Conservatives have demanded an election over the issue and have promised to stall the legislation if there is no immediate campaign.
The Liberal government has said if the deal is delayed past March 31, NB Power's planned three per cent rate hike will go forward, instead of the rate freeze promised in the Hydro-Québec agreement.
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