According to audited financial statements, BC Hydro’s debt for future energy purchases was $7.9 BILLION in 2006, not including Powerex. In 2012, that number had gone up almost seven fold, to $53.1 BILLION, not including Powerex.
Can anyone direct me to a discussion of this fact anywhere in mainstream media?
Notes to Consolidated Financial Statements
British Columbians own a per capita share of this debt: $12,055. Hmmm. Six people in my house means our share of the debt: $72,330 including $36,165 belonging to three children six-years of age and under.