Sue's Blog

Monday, September 26, 2011

The Final Odyssey - Churchill Falls So what about 2041?A Pacifier?

So what will happen in 2041 - the politicians will all have you believe that our time will come - justice will be done. Really?

So what happens? The water rights revert back to Newfoundland and Labrador? The deal is over?

The Churchill Falls - Labrador Corporation (CFLCo) is owned 1/3 by Hydro-Quebec. That does not change in 2041. What does CFLCo own? Well they own the infrastructure. So what do we do with that? Also thanks to Dean MacDonald and Brian Tobin - they have 50% influence over significant decisions.

Any chance the politicians are holding this out as some sort of pacifier? Let's suck on that to keep us quiet for the next 30 years? No doubt people like Terry French and Steve Kent don't know the difference. No doubt most of the MHAs don't know the difference.

Is there a problem with us? There must be - we are too trusting or too willing to let others manage our wealth for us. Yet in our day to day lives - anybody who managed our accounts or investments in the same way would be fired ages ago.

Please look at this seriously - particularly when Kathy Dunderdale is trying to give away another resource for over 30 years. Stop the madness. Demand a proper deal for our valuable resources.

So what will happen in 2041? Our children and grandchildren can deal with it right? We owe it to them to do things right. We owe it them to be as concerned about the Emera deal - at least as much as we are concerned with Hockeyville. Right?

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