Latest / VOCM On Demand / VOCM News Morning Update September 15th

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VOCM News Morning Update September 15th · VOCM On Demand

• 0:00
  Speaker 1: I'm Sarah Strickland. One man was arrested and another sent
• 0:04
  Speaker 1: to hospital with serious injuries following a stabbing last evening
• 0:08
  Speaker 1: in Cornerbrook. RNC issued an advisory just after supper, indicating
• 0:13
  Speaker 1: that officers were conducting an investigation in the area of
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  Speaker 1: Valley Road, Wellington Street, and Mount Bernard Avenue. A portion
• 0:21
  Speaker 1: of the parking lot outside the Valley Mall was cordoned
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  Speaker 1: off with police tape. RNC took a man into custody
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  Speaker 1: a short time later and indicated that there was no
• 0:30
  Speaker 1: threat to public safety. Further details are expected today. Premier
• 0:36
  Speaker 1: Tony Wakeham is addressing questions about whether his party will
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  Speaker 1: have a whip vote on the Churchill Falls deal, meaning
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  Speaker 1: members must vote yes. Yesterday, Lake Melville MHA Keith Russell
• 0:48
  Speaker 1: sent shockwaves through the province's political landscape when he left
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  Speaker 1: the PC caucus to sit as an independent. just as
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  Speaker 1: the special sitting was about to get underway. That move
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  Speaker 1: has raised questions about whether the PC caucus has been
• 1:02
  Speaker 1: told to vote in favor of the deal or if
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  Speaker 1: they're free to vote as they please. When asked about
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  Speaker 1: the situation, Wakeham's response was simple.
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  Speaker 2: I haven't made any decisions about whipping anybody.
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  Speaker 1: Meanwhile, former president and CEO of Fortis and lead negotiator
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  Speaker 1: on the Churchill Falls Agreement warned yesterday about what will
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  Speaker 1: happen if the province waits until the current 1969 Churchill
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  Speaker 1: Falls Agreement runs out in 2041. If this dies....
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  Speaker 2: I think Gallana dies.
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  Speaker 1: Barry Perry says the new deal will bring $ 8 billion
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  Speaker 1: in new value to the province over the previous 2024
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  Speaker 1: deal and access to 2,750 megawatts, up from 2,000 in
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  Speaker 1: the last MOU. He says the new power purchase agreements
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  Speaker 1: have built-in escalation.
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  Speaker 2: Out to 2041, on average, each year, the price goes
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  Speaker 2: up 14% every year. Beyond 2041, for every year to
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  Speaker 2: the end of the contract, the price goes up 2.6%.
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  Speaker 2: That is an impressive piece of escalation.
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  Speaker 1: Perry told the special sitting of the House of Assembly
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  Speaker 1: that waiting until 2041 to negotiate a better deal would
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  Speaker 1: be an emotionally driven decision and not one based on economics.
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  Speaker 1: He says if a deal isn't reached, Quebec will move
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  Speaker 1: on and he believes Canada will withdraw its support. A
• 2:27
  Speaker 1: slight dip in the price of most fuels this morning.
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  Speaker 1: Gas is down 3.2 cents per liter. Diesel drops by
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  Speaker 1: about 3 cents on the island and by nearly 4
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  Speaker 1: cents in Labrador West. Furnace oil is down by about 2.5 cents.
• 2:43
  Speaker 1: A liter of stove oil in Lab West costs 3.5
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  Speaker 1: cents less. Stats Canada says this year's census recorded a 98.4%
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  Speaker 1: response rate, among the highest levels ever reported nationally. The
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  Speaker 1: census collects information every five years on age, gender, marital status,
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  Speaker 1: and language use to help shape electoral boundaries, programs, and
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  Speaker 1: government funding. More than 88% of Canadians completed the questionnaire online,
• 3:13
  Speaker 1: setting another participation record for the digital option. StatsCan is
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  Speaker 1: compiling the results and plans to release seven batches of
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  Speaker 1: census data beginning in February 2027. That's your news. I'm
• 3:27
  Speaker 1: Sarah Strickland.