On page 5 of the Budget summary, introduced today and read by Finance Minister Colin Hansen, we find a reference to the Northwest Transmission LIne.
$400 Million has been set aside for energy transmission and the NTL is specifically mentioned. The text, under 'Accelerated Infrastructure Plan Continues' states;Budget 2010 continues government's commitment to it's accelerated infrastructure spending plan in order to keep British Columbia working and to help stimulate the economy.
Since October 2008,$ 5.3 billion has committed to accelerated infrastructure investments across British Columbia, an increase of $1.9 billion from $3.4 billion at September Update 2009.
In the associated chart the Finance Minister detailed $400 Million for Energy Transmission.New projects include investments and housing renovations, communities, the Northwest Transmission Line, highway rehabilitation, upgrades to the Royal BC Museum, the Klemtu Ferry Terminal, and the MacKenzie Connector.
It appears the money is on the table to proceed with this badly needed project.
The days to come will prove to provide more details, from both the government and the opposition. Once the budget is passed the government will be able to proceed with its initiatives.
Read the entire budget and associated charts and displays HERE
And for the big picture...