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    Kate Spade New York Cedar Street Small Luciana Shoulder Bag Red

Kate Spade New York Cedar Street Small Luciana Shoulder Bag Red

* Saffiano
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* 8 1/2"H x 11 1/2"W x 4 1/2"D.

5 billion on the table Newly unearthed documents show the Liberal government could have saved an additional $1.

5 billion on the controversial Samsung green energy deal by exercising discount kate spade watches an out clause in 2013. That according to Progressive Conservative Finance Critic Vic Fedeli who culled the information from more than 300,000 documents released before the 2014 election on the gas plant scandal. At Queen Park Thursday, Fedeli said a memo penned by government bureaucrats on online shop kate spade March 2013 warns that the Korean consortium behind the Samsung deal missed two important deadlines and that gave the province the chance to save $5.2 billion, without penalty, by exercising an out clause on the deal. could have done more, Fedeli said. could have walked away from the kate spade deals deal and saved the ratepayers the full $5.2 billion. bureaucrats warn in the document that Ontario didn need the power provided in the deal and had more generation capacity than it required. But they feared terminating the deal could lead to litigation and Samsung pulling out of the agreement altogether. They also worried it would send a negative message to international investors. though they admit Ontario didn need the power, even though they were paying an outrageous subsidy and even though they had the right to walk away free and clear, they chose to proceed with the project, Fedeli said. Dan Moulton, spokesman for Energy Minister Bob Chiarelli, dismissed Fedeli comments as theories. won be distracted by these political tactics, we built a strong track record in renewable energy and are proud of our successes, he said in an e mail to the Toronto Sun. June 2013, we took action to reduce overall electricity system costs and renegotiated the Green Energy Investment Agreement, saving $3.7 billion over the life of the contract. original deal announced in 2010, saw Samsung agree to build plants to manufacture components for wind and solar projects in Toronto, Tilsonburg, Windsor and London. The four manufacturing plants were to create about 900 jobs. In exchange, Ontario agreed to buy heavily subsidized power from Samsung and guarantee the company space on the province crowded electricity transmission grid. That according to Progressive Conservative Finance Critic Vic Fedeli who culled the information from more than 300,000 documents released before the 2014 election on the gas plant scandal. At Queen Park kate spade briefcase sale Thursday, Fedeli said a memo penned by government bureaucrats on March 2013 warns that the Korean consortium behind the Samsung deal missed two important deadlines and that gave the province the chance to save $5.2 billion, without penalty, by exercising an out clause on the deal.

But Fedeli says the government left $1.5 billion the table when three months later it announced it had renegotiated the deal and only saved taxpayers $3.7 billion.


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