10/04/2012 06:53 EDT | Updated 12/04/2012 05:12 EST

Muskrat Falls Hydroelectric Project: Kathy Dunderdale Says Development Would Spell Economic Independence

ST. JOHN'S, N.L. - Newfoundland and Labrador Premier Kathy Dunderdale has mounted a defence of the proposed Muskrat Falls hydroelectric development, saying it's a matter of ensuring the province's future economic independence.

In a speech Wednesday before the St. John's Board of Trade, Dunderdale took aim at neighbouring Quebec saying the focus of the project is to make her province self-sufficient and the masters of its own destiny.

Dunderdale says if that's not done then the province will always be reliant on someone else.

She says Hydro-Quebec shouldn't get to benefit from the development of resources in Labrador.

She says the Quebec utility is only concerned with what is best for its own interests.

Dunderdale made the comments as some critics in the province question the provincial government's assertion that the project will be a source of stable low-cost electricity rates.

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