The mother of Canada’s social democratic movement changing her ways?
The Filmon Government has fumbled the “big picture” ball miserably with its poorly thought out and unnecessary half-billion dollar expansion of a subsidized energy monopoly.
Winnipeg’s civic election warmed up last week when mayoral candidates Glen Murray and Peter Kaufmann duked it out over Winnipeg Hydro. Kaufmann would sell it to Manitoba Hydro while Murray would keep the utility, invest $235 million in it, and use the profits to help cut property taxes.
What’s up at Manitoba Hydro? Judging from recent changes in the legislation that governs this Crown jewel, not enough.
“Powering the Future” is the first in a series of short policy studies and reports to be undertaken by the Centre as part of a publishing program called “Policy Series”.
Due to its current failing state, the obvious advantages to privatizing Winnipeg Hydro are abundant.
Using Ontario Hydro as an example, Canada should see how deregulating electric companies can be beneficial.