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Some suggestions for trimming the fat at Nalcor

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10.10.2019

In a report, recently released by Liberty Consulting, we learned that the executive suites at Nalcor and NL Hydro are bursting at the seams, presenting a significant opportunity to reduce operational costs and target those savings toward rate mitigation efforts.
You may be familiar with Liberty’s work.

They are the same consultants that informed us that #DarkNL was caused by a failure by NL Hydro to perform basic maintenance on its electrical system.

Remember?

Shortly thereafter, all of NL Hydro’s executives received big bonuses, which the former Nalcor CEO attempted to justify by stating they had a “great safety record.”
Should government decide to act on these latest recommendations by Liberty to trim the fat in these top-heavy........

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