Nuclear reactor bid details revealed
OTTAWA, ONTARIO - Documents left at a CTV News office by a then-aide to federal Natural Resources Minister Lisa Raitt have exposed insider details of the bidding to build two new nuclear reactors in Ontario.
CTV says the Atomic Energy of Canada Ltd. documents suggest the federally owned firm is concerned about going over budget if it's selected. Also bidding are Areva Group of France and U.S.-based Westinghouse Electric Co.
The documents say there's a risk the firm could encounter large cost overruns, which could be passed on to taxpayers, and conditions imposed by Ottawa resulted in AECL submitting a high bid.
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Nova Scotia Premier calls on regulators to reject 14% electricity rate hike agreement
HALIFAX - Nova Scotia Premier Tim Houston is calling on provincial regulators to reject a settlement agreement between Nova Scotia Power and customer groups that would see electricity rates rise by nearly 14 per cent over the next two years.
"It is our shared responsibility to protect ratepayers and I can't state strongly enough how concerned I am that the agreement before you does not do that," Houston wrote in a letter to the Nova Scotia Utility and Review Board late Monday.
Houston urged the three-member panel to "set the agreement aside and reach its own conclusion on the aforementioned application."
"I do…
