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Ottawa approves $500M bailout to Nova Scotia Power to keep rates in check | Globalnews.ca

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Summary
Nutrition label

71% Informative

The federal loan guarantee will be spread over 28 years , lowering overall financing costs and helping stabilize Nova Scotia Power’s credit rating.

Nova Scotia utility helped pay for construction of the underwater transmission link between Nova Scotia and Newfoundland that carries electricity generated by the Muskrat Falls hydroelectric project in central Labrador .

The massive dam and generating station has been inconsistent in delivering electricity over the past five years .

VR Score

77

Informative language

79

Neutral language

60

Article tone

formal

Language

English

Language complexity

70

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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