Nfld. & Labrador

On Point | Economics and Muskrat Falls

Two St. John's economists have come to different conclusions about the Muskrat Falls hydroelectric megaproject.

Two St. John's economists have come to different conclusions about the Muskrat Falls hydroelectric megaproject, and their share their views this week with CBC Newfoundland and Labrador's political affairs program.

In this week's On Point with David Cochrane, which can be viewed in the video above, Wade Locke explains how he determined that the Muskrat Falls was the best available energy option for Newfoundland and Labrador. Locke follows up on a presentation he made this week to a packed auditorium in St. John's.

Locke's Memorial University colleague James Feehan, however, has a different view. He feels that Muskrat Falls as proposed should be shelved, with the province focusing on other matters, including energy conservation. Feehan feels that proceeding with Muskrat Falls right now is imprudent.

Meanwhile, the On Point political panel takes on Muskrat Falls and the growing debate over its viability. Taking part this week are former Liberal MP Siobhan Coady, former PC cabinet minister Shawn Skinner and Federation of Labour president Lana Payne.

On Point with David Cochrane airs each Saturday at 1 p.m. NT on CBC Television. You can watch past episodes on demand through the On Point page on our website.