Category: Chicanery

Crime (still) in progress (a 2010 article repeated)

The applicants do not need money or experience, they simply need political influence with BC Liberals. The energy purchase agreement provided by BC Hydro removes substantially all business risk and the favoured recipients take the project to money brokers who readily fund it because the creditworthiness of British Columbia stands behind each EPA. This would be like you and I buying a house we intend to rent to government through a 40 year lease at double or triple market rates, with payments escalating to protect against inflation, guaranteed by taxpayers of British Columbia….

Back scratching

An old expression says, “You scratch my back and I’ll scratch yours.” The maxim doesn’t require rewards for scratching be equal and, often, they are not.

According to Elections BC, AltaGas Ltd. and associates contributed a little more than $70,000 to the BC Liberals. It’s been money well spent… At $110,000 per GWh, AltaGas’ revenue from BC Hydro would be worth $143 million in 2016…

“…A lot more electricity being needed”

Bill Bennett, a man particularly qualified to make decisions on how the public ought to spend tens of billions of dollars. Bennett gained expertise and honed business acumen as an entrepreneur involved in fishing camps and a goose-hunting lodge on Hudson Bay. Despite potential conflicts, he maintained a financial connection to wilderness tourism even after beginning a career in politics.