Wednesday, October 6, 2010
Province Seeks Assurances on Dam Sale
The provincial government wants AbitibiBowater to continue honouring water and power agreements with local communities if it proceeds with a sale of its hydro-electric dams in Iroquois Falls and Fort Frances.
Concerns about the dams were raised in August when it was revealed the company was again looking at selling off its hydro assets.
Natural Resources Minister Linda Jeffrey says no formal request to sell the dams has been received, but shares the concerns about how the sale will impact local mills and communities.