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Utilities
#16
(06-28-2018, 08:58 PM)JoeKW Wrote: All it takes is one group of well lobbied politicians to sell it and then it's gone forever. Sad

Nationalizing businesses used to be a thing... but we don't seem to do that anymore.
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#17
(06-29-2018, 09:43 AM)plam Wrote:
(06-28-2018, 08:58 PM)JoeKW Wrote: All it takes is one group of well lobbied politicians to sell it and then it's gone forever. Sad

Nationalizing businesses used to be a thing... but we don't seem to do that anymore.

Well, for sure that's true.

Looking over the London thing, and looking at their revenue, it seemed quite high compared to Kitchener, if you compare populations of the two cities. I imagine they have a few more larger industries (kind of like how Cambridge and Guelph have) compared to K-Town, but that shouldn't make that much of a difference. Digging around a little more, London Hydro provides the water too, which would give the huge chunks of revenue.

I would be very careful if I was a politician in the K-W area. Most cities have a back-log of work to do with their water supply/sewer management. I really don't want to be paying for London's crumbling infrastructure through our hydro usage. London, btw, doesn't own their own utility for natural gas, though in this area, only Kitchener does. In fact, Cambridge doesn't own it own utilities other than water. So London Hydro could try buying Energy+ (privately owned), and I really suppose no politician from Cambridge (or Brant County) could say anything about it.
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#18
Have any of the local media picked up on the London report? It seems strange to think that there'd be a public comment about acquisitions without at least some prior contact with the potential acquisition targets.
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#19
(06-29-2018, 10:13 AM)panamaniac Wrote: Have any of the local media picked up on the London report?  It seems strange to think that there'd be a public comment about acquisitions without at least some prior contact with the potential acquisition targets.

They could be mentioning it to see the reaction. I guess I'll have to see if I can get a comment from someone on the hydro board, if they know anything about it.
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#20
I remember a survey going out last year from Waterloo North Hydro asking residents about different options for the future.

https://www.waterloochronicle.ca/news-st...rth-hydro/
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