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Energy minister: Feds send 'positive' signal on B.C.-Alberta power line

from Saskatoon StarPhoenix

The Trudeau government has sent a "quite positive" signal that it is prepared to help finance a new transmission link to ship clean B.C. hydroelectric power to Alberta, according to provincial energy minister Bill Bennett. Bennett was responding to federal Minister of Finance Bill Morneau's autumn economic statement, which contained two statements indicating support for such a project. Morneau announced a $35 billion infrastructure bank that could, among other things, facilitate "an interprovincial clean energy grid project through the provision of a loan guarantee to lower risk and reduce financing costs for the proponent." more

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