Waiting for Ottawa to Give Highway 37 Power Line the Green Light

Wednesday, March 02, 2011 03:59 AM

Terrace, B.C.- The Federal Government has yet to give its approval for the project, but B.C. Hydro is already examining the proposals from the short listed companies who want to build the Northwest Transmission Line.

The Provincial approval was announced on February 23^rd. The Federal decision is not tied to the same time frame the Provincial government had to follow, but the Feds had indicated they would try to work within the same period.

There were four bids short listed for the $404 million dollar project last fall.

B.C. Hydro has already indicated it would like to make a final selection soon on who will build the line so construction could start this spring.

The cost of the line is being shared, with the Federal government committed to $130 million, AltaGas will pay $180 million in order to have access to the grid for it’s run of river power projects, and there has yet to be an agreement finalized with some of the mine developers who want to hook on to the line.

The line is expected to stretch from a Terrace substation to Bob Quinn Lake.

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Posted on Wednesday, March 02, 2011 03:59 AM in News by 250 News

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Comments

Posted by: acopolympics on March 2 2011 8:16 AM

Maybe I am startng to turn protectionist or something because of all the resource plundering by companies who are out of province businesses, but why is an Alberta based company now getting access to our rivers to create power to either sell back to us or export? This opening up of our resources to be extracted by every company under the sun, regardless of where they come from, has got to stop. We have to have a policy that says "BC First". Surely there could be enough companies in BC who could handle all the resource extraction this province has to offer. Want to fix economic woes in BC? Start thinking of us first instead of your own wallets.

Posted by: pgmatt on March 2 2011 10:23 AM

The more hydro power generated the better. I could care less if we develop all our potential just to sell it as it will replace coal or similar generated power elsewhere. This power line is the key to opening some mines and generated some income for the province to pay for our hospitals,schools etc. Get going on in as soon as the snow is gone.

Posted by: gold_rush on March 2 2011 10:36 AM

Forest Kerr was owned by NovaGold which is a BC company and Altagas bought out that portion of it. The story of the public market acoplympics. You should sign up.

Posted by: Give more on March 2 2011 11:31 AM

pgmatt: What do you think about all the money the province gets now? Do they spend it on hospitals and schools? When the lottery system was being considered to be brought in, they said it would pay for all our healthcare. That was a long time ago. Did it happen?
What the government says and what it does are two diametrically opposed things. What they say sounds good but they do whatever enriches themselves or their friends.

Posted by: PrinceGeorge on March 2 2011 7:02 PM

"What do you think about all the money the province gets now? Do they spend it on hospitals and schools?"

That information is readily available on the government website of the Province!

For instance, give it another year from now (at the rate the funding for healthcare has been increasing) and it will nearly have DOUBLED in the last ten years.

Funding for education has also increased from year to year, although enrollment numbers have been declining.

"They do whatever enriches themselves (who are they?) and their friends (who are they?)"

If it were true - crimestoppers has a number that should be called.