Quote:
Originally Posted by Haliguy
Federal election to freeze Atlantic projects: MacKay
Election would delay financing of Lower Churchill project
The Canadian Press Posted: Mar 23, 2011 10:18 AM AT Last Updated: Mar 23, 2011 10:18 AM AT
Defence Minister Peter MacKay is warning a federal election will put key decisions on Atlantic Canadian megaprojects "on pause."
MacKay told a business audience in Halifax Wednesday morning that in particular a request for federal funding to assist with construction of a $159-million convention centre in Halifax won't take place if the government falls this week.
MacKay said a very strong case has been made to Ottawa to assist with $47 million for the convention centre.
Last week, the province said it was hoping for a decision prior to an election, and Nova Scotia's minister of transportation predicted a federal decision was imminent.
MacKay says the convention centre and other projects that are key to the region's economy are going to be affected by the timing of a federal election.
He says any commitment to assist with the financing of a subsea cable to carry electricity from Labrador's Lower Churchill Falls hydroelectricity project to Nova Scotia would also be further delayed.
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So should this be taken as a positive (it sounds like a definite "maybe")? If it is such a strong case, then will it be funded soon after a
possible Conservative election win? Or is MP MacKay saying that people who support a convention centre should hope that there is no election? This certainly is politicking.
Will Rank Inc. wait for the election results in May (it might depend on whether Joe Ramia is a Conservative supporter or not, and if he can still deliver on the financing terms)?
PS: There is a poll of people on skyscraperpage regarding the upcoming election -
http://forum.skyscraperpage.com/showthread.php?t=189777 . The Conservatives are in the lead. I believe that there is a connection to the Nova Centre .