Friday, March 12, 2010

Dams Back Up for Sale?


There's is renewed concern over the potential future of AbitibiBowater's hydro-electric dams in northern Ontario.

Kenora-Rainy River MPP Howard Hampton says the company is again looking to sell the assets which would hurt the mills that use them for power.

"You end up paying a lot more for electricity," says Hampton. "That means the costs of producing paper accelerate and increase and your much more vulnerable of being shut down or the paper mill being closed."

Hampton is calling on the province to prevent any sale from moving ahead.