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NDP to Introduce Private Members’ Resolution to ‘Cap’ Nfld Power Executive Salaries, Bonuses
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NDP to Introduce Private Members’ Resolution to ‘Cap’ Nfld Power Executive Salaries, Bonuses
The NDP is expected to introduce a private member’s resolution in the House of Assembly this week seeking changes to the Public Utilities Act to ensure that ratepayers are not carrying the burden when executives at Newfoundland Power see a salary increase. The NDP argues that residential consumers in Newfoundland have seen their rates rise by nearly 25 per cent since 2021, yet the utility is reporting record profits and executives are getting pa…
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