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….
British Columbia’s government believes less in free enterprise than in assisted activities for approved associates. Entrepreneurs saw potential for a private power generation industry in the province but didn’t want to risk their own money. Instead, they arranged with the Liberal government for the public to accept all risks and guarantee substantial profits to the schemers…
In the government’s sale disposition of BC Rail, there are compelling indicators of massive fraud. Even worse, senior provincial officials interfered with investigation and prosecution of these crimes. Having directed the asset disposal […]
Will McMartin wrote this a month ago in The Tyee about Finance Minister Colin Hansen: “Hansen was true to his word — he didn’t set out any ‘new directions.’ A new direction […]
As protests targeting Hosni Mubarak`s regime mounted, broadcaster Bill Good said it was wrong for bloggers to babble about political corruption in British Columbia because wrongdoing in Egypt was so much worse. In […]
Highly regarded writer Will McMartin uses a fine brush to paint a picture of Kevin Falcon’s duplicity. The result is another part in The Tyee series on leadership candidates Do not miss […]
One thing repeated over and over and over again by government supporters in British Columbia is the assertion that Gordon Campbell “transformed the province’s finances.” What is unsaid though is that the transformation rewarded the wealthiest citizens and penalized the poorest.
Will McMartin is another writer who uncovers facts the traditional media choose to ignore. Do not miss this one: The Tyee – Worst Fudge-it Budget Proven, but Free Ride from Media To […]
BBC’s h2g2 considers Why People Lie and begins with a definition: Lies. We hear them everywhere. Be it from the mouth of a politician glossing over the facts or a desperate student […]
Liberals, Stop Lying about BC Rail, Will McMartin, TheTyee.ca Shirley Bond receives a salary and allowance in excess of $160,000 per annum, but she seems to lack either the inclination or the […]