Rejoice!

What More Do You Need to Know?

"The business community in Quebec is rejoicing" or so goes our rough translation of the first article in La Presse to talk about The Deal. The headline reads Favorable Reactions to Hydro Quebec Buying NB Power, which should tell you everything you need to know.

The President of the Montreal Chamber of Commerce, Michel Leblanc, says the deal will not only lead to important economic advancements for Quebec, but also be important for the environment.

Later in the article, Quebec environmentalists are said to be very happy that the deal will mean two plants will close (Dalhousie and Courtney Bay) which will reduce greenhouse gas emissions. The environmentalists have already started lobbying Hydro Quebec to close down two more New Brunswick power plants - Coleson Cove and Belledune.

The head of the Quebec union that represents Hydro Quebec workers says it is too soon to comment on the story as he only found out about it this morning. But the representative of the union, Maxime Valade, did say they will be looking closely at the credentials of the New Brunswick workers and the procedures for accepting new members, to ensure "all the proper rules are followed".

Read more about the rejoicing here