Quote:
Originally Posted by Makarov
I can't comment on the merits of the province's action but the impugned clause is an absolutely ridiculous one to have included in the contracts (when they were entered into in 2000). It's crazy to handcuff future legislators like that.
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With a contract between two 'normal' counterparties I would agree, but since the power companies were entering into long term deals with a counterparty who could singlehandedly change the operating environment at any time, I could see why they needed to have a clause like that.