The party says there's 'strong evidence' Nalcor unnecessary, expensive
Amid a long list of promises ahead of the May 16 election, the New Democrats pledged to save Newfoundland and Labrador money in its debt-laden Muskrat Falls era — by dismantling the very Crown corporation responsible for the project.
NDP Leader Alison Coffin, who released the party's platform this week, said the extra layers of management within Nalcor Energy are costly and unnecessary, and proposed a government department could handle those responsibilities at a lower cost to the taxpayer.
At the very least, "it's certainly going to give us a good opportunity to look at the exorbitant fee or administration salaries there," Coffin told CBC's On the Go.
"We believe that there really is only a need for one level of administration, and we want to see that return."
Nalcor, formed in 2007, manages several operations, including the Churchill Falls hydro project, N.L. Hydro, and three oil and gas fields offshore.
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