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Friday, July 16, 2010

Opposition Energy Critic Says NB Power Integration Not A Mistake

The reintegration of NB Power by the Liberals is a repudiation of what the previous government under then Premier Bernard Lord did when it broke up the utility six years ago. Conservative energy critic Bruce Fitch was a member of that government and he maintains the breakup of NB Power into separate components was not a mistake and whether putting it back together as one large company isn't a done deal because there has to be a vote in the provincial legislature.

Fitch says breaking up the utility was better for determining which parts needed financial help and what had to be cut back and many millions of dollars would have been saved has the Liberals carried through with the original plan.