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Privatization of Canada's electrical grid accelerating

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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:28 PM
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Privatization of Canada's electrical grid accelerating
Canadians tend to think of power generation as a public utility a crucial piece of infrastructure that governments are duty-bound to provide and oversee. But in Canada, the responsibility of managing the electricity grid is no longer a question of public trust; increasingly, it's a matter of private enterprise.

And with the country facing increasing demand for electricity and a need for massive investments to upgrade an aging power grid, governments eager to avoid tax hikes are helping to accelerate the trend.

"It used to be all large, Crown-owned utilities, but governments are moving towards this model in concerted ways," says Kent Brown, who heads up BluEarth Renewables Inc. The Calgary-based company is just one of many private firms now involved with supplying Canada's growing electricity needs.

http://www.cbc.ca/news/business/story/2011/03/12/f-powe...
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louis-t Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:35 PM
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1. Be prepared for massive price hikes, my friends.
The same a s tax hikes, but one is 'evil', one is not?
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