Not so smart meters ,

[Hunter John]

Rural Ontario getting screwed yet again.

http://www.torontosun.com/2016/01/13...-read-manually

[JBen]

Well in truth, admitting the screw up.......finally.....and removing them...should actually redress things.......hopefully.

So to me anyways, it's one tiny wee win among so much.

Does beg the question how something so simple could go so wrong. Be it the meters.....overbilling and more...

Whole lotta Hydro One people making a whole lotta money for so much incompetence. Yep, there's no money to be saved or waste in PS.......

In some ways, I'm in favor of the sale....some ways. And the sad truth is the cash is badly needed given things.
On the other hand..........

[terrym]

The proceeds of the sale will be used up by operating expenses not "infrastructure" as she bullsheets everyone into believing. If you have to sell off the tires to make a car payment you are in a death spiral. Once hydro is sold we lose oversite and control of probably the most fundamental asset we used to own and can't survive without. The solution was to fix hydro not sell it at a discount to friends. It would have been cheaper long term to just borrow more right now to cover operating expenses. God help us. How many more years of this cancerous government do we have?

[Dythbringer]

The proceeds of the sale will be used up by operating expenses not "infrastructure" as she bullsheets everyone into believing. If you have to sell off the tires to make a car payment you are in a death spiral. Once hydro is sold we lose oversite and control of probably the most fundamental asset we used to own and can't survive without. The solution was to fix hydro not sell it at a discount to friends. It would have been cheaper long term to just borrow more right now to cover operating expenses. God help us. How many more years of this cancerous government do we have?

Too many.

[JBen]

Rock and a hard place Terry.

I try to deal with reality. There are all kinds of things not to like about the sale, not the least of which is the lack of oversight. That said, while private definitely has it's own dark side to...If you had to bet your life savings on something being run efficiently and well by a private company or a public. Which would you bet on......Hydro One is dysfunctional and more...

Its hoped that the sale will raise 8-9billion.

Ok, fine. We halt the sale as you want
Where do you suggest the 8-9billion come from.
The peons?
healthcare...already sucking wind

Any ministry of the province of Ontario that has a powerful Union?
Good Luck

So that leaves the low hanging fruit and peons within PS like the MNR and COs.
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[Waftrudnir]

....If you have to sell off the tires to make a car payment...

I like that one!

[werner.reiche]

The proceeds of the sale will be used up by operating expenses not "infrastructure" as she bullsheets everyone into believing. If you have to sell off the tires to make a car payment you are in a death spiral. Once hydro is sold we lose oversite and control of probably the most fundamental asset we used to own and can't survive without. The solution was to fix hydro not sell it at a discount to friends. It would have been cheaper long term to just borrow more right now to cover operating expenses. God help us. How many more years of this cancerous government do we have?

You are too generous with your analogy. Selling the tires to make a payment would actually make a bit of sense.
What we are doing is selling the tires to pay for gas.

The real solution for hydro:
Fire everyone.
Shut down the nuke plants.
Contract out line maintenance.
Allow MB, QC an NY utilities to sell direct to Ontario consumers using the existing infrastructure - tack a provincial surcharge on the bill to pay for line maintenance.
Turn hydro one's debt over to the Ontario liberal party.

That can't be any worse than what we have done, it'll be a whole lot cheaper for the province, and it will bring competition to the industry, so it should reduce costs to consumers.

[JBen]

damn hit send before done.

or the bean counters, janitors, or EAs in Education....that get screwed to.
*****

It is what it is.
300 billion debt
9billion deficit
Serious problems to be tackled.
serious problems here and abroad (read the news lately?)

And no-one to blame but this admin and those behind them.

So yeah Terry, theres lots not to like about sale.

Whats the alternative?

[JBen]

your not telling me anything I don't already know Terry. As I said.
On one hand.....
On the other.....

yes or no. priority #1
is cash is it not? Nothing gets better until theres some cash flow.

How do you propose they fix the bridge in Nipigon.
Problably going to cost a good chunk of what it cost to build it. So lets say $25,000,000

Last I checked yesterday Nurses were being laid off because theres no money.
You might say "good, about time PS shared the pain"

What about the peons, or seniors around Windsor who need Nursing?

Yep, actuaries have definitely proven the sales a bad idea. What they didn't do isweigh the cost elsewhere of finding 9billion

By all mean Terry step up and donate more.....

[Waftrudnir]

You are too generous with your analogy. Selling the tires to make a payment would actually make a bit of sense.
What we are doing is selling the tires to pay for gas.

The real solution for hydro:
Fire everyone.
Shut down the nuke plants.
Contract out line maintenance.
Allow MB, QC an NY utilities to sell direct to Ontario consumers using the existing infrastructure - tack a provincial surcharge on the bill to pay for line maintenance.
Turn hydro one's debt over to the Ontario liberal party.

That can't be any worse than what we have done, it'll be a whole lot cheaper for the province, and it will bring competition to the industry, so it should reduce costs to consumers.

okay, your analogy tops terry's LOL
the only part I disagree with shutting down the nuclear plants.
I think it was Germany (after some Green party got into government) who shut down their plants (which were pretty efficient and very safe at the time), just to import from out of Country (at a higher rate and in that case from fairly scary plants in the Czech Republic and France). They should have learnt the hard way that electricity from really massive wind turbine parks is a complete waste of money. Nonetheless they continue subsidizing 'green' energy on a massive scale; not only turbines, but also huge solar farms (on crop land of course) so they have to buy more produce from out of Country.
If you look at Central Europe, there are lots of lessons for us what not to do