Shawn Graham and Jean Charest announce the proposed sale of New Brunswick Power

In the past few weeks New Brunswick has been lucky enough to enjoy a break from the regularly scheduled swine flu hysteria. Thanks to Premier Shawn Graham we have been jolted from our H1N1-induced torpor. While everyone’s attention was focused on fighting over vaccines, Premier Graham and Quebec Premier Jean Charest were working out a deal that would see New Brunswick give up total control of its power assets by selling NB Power to Hydro Quebec. In spite of Premier Graham’s mantra of “self-sufficiency” for our little have-not province, he is selling out our energy future and doing it for a fraction of what the assets are actually worth. The vast majority of rate cuts will benefit only large industrial users, cutting small businesses and residential users off from the spoils, all by government design.
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