Power Cable Project for Prince Edward IslandPublished on 10 June 2015 Hansard and Statements by Senator Elizabeth Hubley
Hon. Elizabeth Hubley:
My question is for the Leader of the Government in the Senate. Honourable senators, 10 years ago an agreement for a new cable line between Prince Edward Island and New Brunswick was signed by the Liberal government and then was quickly scrapped when your government came to power. This cable is essential for our Island. The two existing underwater cables were installed almost 40 years ago and are beyond the design of their operating life, meaning they are no longer able to meet the Island’s energy needs.
On March 20 this year, with great fanfare, Minister Shea announced government support for this project. However, the government came up short. The original deal was for $77 million from the federal government, which would be 50 per cent of the cost. But what was announced in March was $50 million, or one third of the cable cost, which is $20 million less than what P.E.I. was expecting. This is a crucial setback for the construction of this much-needed cable.
When will your government finally commit to fully cost share this valuable project?
Some Hon. Senators: Hear, hear.