Dam-nation

In Manitoba, he was the CEO of Credit Union Central, bringing in online banking, a Vice-President of Public Investments of Manitoba, the interim President of MPI, reorganizing the corporation after its massive losses of 1986, a Vice-President of the University of Winnipeg, and the CEO of the WCB, restructuring the insurer and returning it to solvency. [...] The author of this study has worked independently and the opinions expressed are therefore their own, and do not necessarily reflect the opinions of the board of the Frontier Centre for Public Policy. [...] While the government’s motivation, at this point, is political, it is also difficult to ignore the challenge the government would have in curtailing commitments made, and the magnitude of the revenue stream that would flow from an expanded Hydro for the government. [...] The lower the average temperature (or the higher the temperature in the summer) is, in a jurisdiction, the higher the bills. [...] The reserves allowed for Crowns (retained earnings in the case of Hydro) are required to meet the expectations of the bond market as to the amount of ‘equity’ (as opposed to borrowed money) that must be available to ensure that bondholders are properly compensated.