Mr. Speaker, there is growing evidence, on a daily basis, that the province of Newfoundland and Labrador and the province of Quebec may be close to signing the Lower Churchill deal, consisting of a 2,000 megawatt generating facility at Belle Island. This is a $4 billion project.
In spite of the fact that massive amounts of power will be developed, we are still faced with the prospect that no provision may be made to make power available for industrial development in the province of Newfoundland and Labrador because this power may be developed for export only.
If this indeed the case, then I would caution Premier Grimes to go slowly and listen attentively to the people of Newfoundland and Labrador who are saying that it is better to leave this project undeveloped for the time being than to make hasty decisions today that will be regretted for generations to come.