Megaprojects like Site C bankrupt power utilities

The Site C dam exhibits many of the same traits afflicting other megaprojects: an undermining of the regulatory system, accounting tricks that mask the real cost of the project and an explicit guarantee of a taxpayer bailout.

Continue reading Megaprojects like Site C bankrupt power utilities

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Canada’s $43B tab for hydro, nuke projects puts strain on utilities, consumers

Canadian consumers and governments are straining to keep up with the costs of large electricity generating projects being constructed by publicly owned utilities.

Continue reading Canada’s $43B tab for hydro, nuke projects puts strain on utilities, consumers

How megaprojects bankrupt public power utilities and leave regulators in the dark: report

Government-owned power utilities across Canada are pushing ahead with multi-billion dollar megaprojects, while undermining the regulators put in place to protect consumers from such reckless behaviour, according to a new analysis from the Consumer Policy Institute. Continue reading How megaprojects bankrupt public power utilities and leave regulators in the dark: report

Kelly McParland: Another wheel flies off Ontario’s green energy bus, and lands on 340 workers

Despite overwhelming evidence that governments do badly when they try to remove the freedom from free enterprise, Wynne and McGuinty ploughed ahead with their green energy vision. Continue reading Kelly McParland: Another wheel flies off Ontario’s green energy bus, and lands on 340 workers

Looking to lower Ontario power rates? Start with Pickering, where $550 million will be wastefully spent

The economic argument to keep Pickering open past 2020 relies on an analysis that requires some far apart stars to align. 

Continue reading Looking to lower Ontario power rates? Start with Pickering, where $550 million will be wastefully spent