Ottawa, Nova Scotia at odds over $4.5B for Atlantic Loop

By WNews 1 Min Read

Canada has put $4.5 billion on the table to develop the Atlantic Loop, but it may not be exactly as advertised, says a spokesperson for Nova Scotia Premier Tim Houston.

“The proposal from the federal government requires Nova Scotia ratepayers to pay back the $4.5 billion,” press secretary Megan Byrd said in a statement to CBC News.

“The payment would be in the form of a long-term loan that is repayable by Nova Scotians. It would also see Nova Scotians paying for infrastructure in Quebec. We obviously cannot support a proposal where Nova Scotians pay more.”

A federal information package promoting the Atlantic Loop provided

- Advertisement -
Share This Article
By WNews
Follow:
WNews bring the latest news in an objection, balance and honest.
Leave a comment
Reading: Ottawa, Nova Scotia at odds over $4.5B for Atlantic Loop

(C) 2012 – 2024  | WNews Broadcasting Corp, a W-World Company | All Rights Reserved

Connect
with Us

Report a Error with this Story

Notice a error or facts with this story, please submit the information below and someone from our newsroom will review it and change if required