Message-ID: <461147.1075845538884.JavaMail.evans@thyme>
Date: Mon, 18 Sep 2000 10:05:00 -0700 (PDT)
From: rob.milnthorp@enron.com
To: john.lavorato@enron.com
Subject: Possibility of Delay in Alberta Restructuring
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Further to my voice mail.
---------------------- Forwarded by Rob Milnthorp/CAL/ECT on 09/18/2000 05:04 
PM ---------------------------
   
	
	
	From:  Robert Hemstock                           09/18/2000 05:01 PM
	

To: Rob Milnthorp/CAL/ECT@ECT
cc: Aleck Dadson/TOR/ECT@ECT 
Subject: Possibility of Delay in Alberta Restructuring

Rob, I spoke to Larry Charach of the ADRD on Friday and specifically asked if 
the Government was considering a delay of its restructuring timetable to: 1) 
address concerns of consumers that it is impossible for them to make a choice 
of supplier prior to November 1, 2000, and/or 2) to give time to develop a 
workable Plan B.  Larry was adamant that there will be no delay in Alberta 
and said there is no point in any stakeholder even proposing a delay because 
it such a proposal was a "non-starter" and won't happen.  He told me during 
the discussion that investors will not invest in a jurisdiction where the 
government does not follow through with what it says it will do and he 
referred to the Jan 1, 2001 date as a firm commitment of the government 
entrenched in the legislation.  I agreed with him that this was absolutely 
the right approach and told him that the Government had Enron's full support 
on this issue.