Back to the future, again
The preamble to An Act to Incorporate the Newfoundland and Labrador Corporation Limited, S.N. 1951, No. 88, creating Smallwood's "NALCO":
WHEREAS it is expedient for the promotion of the industrial and economic development of the province of Newfoundland and for the development of its natural resources and the improvement of the standard of living of its people of the Province that a corporation be formed with the powers and be granted the concessions and rights hereinafter respectively described and set forth [...]The bumpf to the re-branding of Our Dear Energy Corporation as NALCOR:
"We have a tremendous wealth of energy resources in Newfoundland and Labrador and Nalcor Energy will enhance the value of the people’s assets, while growing an internationally-competitive corporation that will be a flagship for the province," said Premier Williams. "No longer are we passive players in the development of our resources; rather we are now fully engaged partners, sitting at the table and actively involved in resource development for the benefit of our people. Nalcor Energy will represent the people of the province in developing and managing our energy developments, and we look forward to a bright future for this new provincial corporation."
Labels: smallwoody
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