With all that has gone wrong the the Meadow Lake Pulp Mill, the Official Opposition chooses to criticize a crown corporation for wanting to get paid. Sure, there is room to discuss whether SaskPower's rates are competitive but clearly the Saskatchewan Party has missed the point. This mill has lost more than $800 million since 1990. A $7.5 million power bill did not suddenly put the mill over the edge.
SASKATOON-Saskatchewan Party SaskPower critic Donna Harpauer is questioning the actions of the NDP government after a crown corporation almost forced a government business into bankruptcy, while another government entity was then forced to bail them out.
In November, SaskPower threatened to cut off the Meadow Lake Pulp Mill's electricity if it did not pay an outstanding bill. That forced Investment Saskatchewan to come up with a $15 million loan, as the mill entered into bankruptcy protection. Some of the $15 million was used to pay SaskPower. The provincial government owns half the mill and has already lost $800 million on the venture.
"The actions of this NDP government don't make any sense. There's something seriously wrong when SaskPower is the sole creditor making ultimatums and Investment Saskatchewan then being forced to come up with a loan to satisfy those ultimatums," Harpauer said. "What this amounts to is government threatening government, all the while workers, the community and taxpayers are left hanging in the balance."