Tuesday, January 24, 2017
B.C.'s credit rating at risk as Hydro's debt grows
The Vancouver Sun is reporting that "A top investment firm continues to sound alarm bells about B.C. Hydro‘s finances, saying the Crown electricity provider’s rising debt level is a risk to B.C.’s credit rating." No kidding. Christy Clark's fudge it budgets are finally starting to catch up with her.
Lest we forget what created the ballooning deferred debt and turned B Hydro from a tax revenue cash cow to a complete Enron fraud. That was Gordon Campbell and the BC Liberals. They privatized the power brokers that sell power to the public company at above market rates. That was a criminal act that needs to be rectified this election before the tsunami drowns us all.