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N.W.T. abandons $1.2 billion plan to export electricity south

from CBC News

The territorial government is abandoning plans to export electricity to southern Canada. The proposal involved connecting the North and South Slave hydro-electric transmission grids. Officials completed a business case this year and found it would cost $1.2 billion, more than double what was initially estimated. "It's priced itself off our priority list," says Finance Minister Michael Miltenberger. more

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