Showing posts with label BRINCO. Show all posts
Showing posts with label BRINCO. Show all posts

06 September 2016

The development of our country #nlpoli

Today, the development of Churchill Falls is popularly perceived as a failure.  Newfoundland is portrayed as the victim of a shrewd and untrustworthy lot in Quebec.  They hoodwinked Joe Smallwood,  the Liberal premier of Newfoundland at the time, and have continued to steal from Newfoundlanders through the patently unfair 1969 power contract.

churchillfallssigning1969The Churchill Falls power plant cost a little over $1.0 billion (about $6.1 billion in 2015) to build between 1969 and 1971.  With an installed generating capacity of almost 6,000 megawatts,  it was one of the largest if not the largest hydroelectric plant in operation at the time.

Churchill Falls (Labrador) Corporation delivered the project on budget,  achieved initial operating capacity five months ahead of schedule and finished the whole project a year ahead of schedule.

Revenge for the humiliation of Churchill Falls remains at the centre of provincial politics, as it has since the late 1970s.  Redress of the grievance has been the most common term for the political goal of the Newfoundlanders, but as Danny Williams and the provincial Conservatives made it out in 2010, revenge was really their burning passion.  Muskrat Falls was not merely Williams' legacy.  It was the means by which Newfoundlanders would break what he called Quebec's stranglehold on his province's economic future in Labrador.

In this pair of posts, we will look first at Churchill Falls.  The second, coming tomorrow,  will look at the years since 1972, culminating in Muskrat Falls.

01 December 2009

The 1969 Churchill Falls Power Contract

For those who might be interested in these things, here’s the 1969 power contract between Hydro-Quebec and Churchill Falls(Labrador) Corporation in pdf format.

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11 November 2009

Where’s Joey? The Churchill Falls contract signing, 1969

Signing the contract to develop Churchill Falls in 1969 are, left to right, Yvon de Guise and Jean-Claude Lesard of Hydro Quebec and Donald McParland and Eric Lambert of Brinco, the private sector company that held rights to develop natural resources in Newfoundland and Labrador. [Photo reproduced from Philip Smith, Brinco: the story of Churchill Falls, (Toronto: McClelland and Stewart, 1975).]

Contrary to popular mythology the Government of Newfoundland and Labrador did not negotiate the deal to develop the hydroelectric complex at Churchill Falls.

 

churchillfallssigning1969

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