Heart of our economy gets ignored
When government is captured by people pursuing fortunes in real estate development and resource exploitation, the interests of all others become secondary. When the bubble bursts, when phantom markets collapse,…
BC Hydro
Heart of our economy gets ignored
When government is captured by people pursuing fortunes in real estate development and resource exploitation, the interests of all others become secondary. When the bubble bursts, when phantom markets collapse,…
What’s good for the BC Liberals may not be good for BC Hydro
An article by Dermod Travis of Integrity BC. First published February 15, 2016, repeated here with permission.One of the last things anyone would ever imagine the B.C. government doing is…
What’s good for the BC Liberals may not be good for BC Hydro
An article by Dermod Travis of Integrity BC. First published February 15, 2016, repeated here with permission.One of the last things anyone would ever imagine the B.C. government doing is…
What’s good for the BC Liberals may not be good for BC Hydro
An article by Dermod Travis of Integrity BC. First published February 15, 2016, repeated here with permission. One of the last things anyone would ever imagine the B.C. government doing…
What’s wrong with this picture?
What's really wrong is that BC Hydro has been spending billions on new capacity but producing less power. Demand has not grown since 2005 but purchases from IPPs, between FY…
What’s wrong with this picture?
What's really wrong is that BC Hydro has been spending billions on new capacity but producing less power. Demand has not grown since 2005 but purchases from IPPs rose 108%…
What’s wrong with this picture?
What’s really wrong is that BC Hydro has been spending billions on new capacity but producing less power. Demand has not grown since 2005 but purchases from IPPs, between FY…
March 23 with Jessop of CFAX1070
The audio file below is a recording of my time on CFAX1070 with Ian Jessop March 23, 2016. We talk of BC Hydro and deceitful government.Your browser does not support…
Twenty years ago…
In 1996, BC Hydro was a company with total assets of $12.1 billion, delivering 42,834 GWh of electricity to BC's residential, commercial and industrial users.Ten years later, BC Hydro had…
Appearance of profit, when there is none
BC Hydro has been announcing profits each year and that enables it to pay a dividend to the province, although it has to borrow the money to make the transfer.…
Erik Andersen on BC Hydro debt
This devastating information from Erik Andersen, an economist and widely recognized expert on government and Crown Corporation financing:You will note the unbelievable increase in BC Hydro's debt since Christy Clark…
Takin’ care of business, part x
As consumers, we are told that Canadian retail prices must be set above American because the costs of operation are higher north of the 49th parallel. For that reason, cars…
Takin’ care of business
#BCHydro buys a GWh of power from IPPs at $91,380 and exports a GWh at $34,920. Save IPPs the bother and the loss. #bcpoli— Norm Farrell (@Norm_Farrell) March 12, 2016According…
Guaranteed injury to BC taxpayers
BC Hydro is in a quandary.Premier Clark's Government requires the utility purchase increasing amounts from independent power producers. However, consumers of electricity, particularly residential and commercial users - the only…
BC Hydro’s primary construction – fabricating falsehoods
Derrick Penner of the Vancouver Sun reported words from the Chief of BC Hydro's nomenklatura :In December, McDonald heralded Site C as “essential to keeping the lights on..."Fundamentally, (independent power…
Today’s session with Ian Jessop, CFAX1070
The audio file below is a recording of my time on CFAX 1070 with Ian Jessop March 02, 2016. We talk of BC Hydro and deceitful government.Your browser does not…
Pants on fire
Before the last election, Premier Clark justified BC Hydro rate increases as a "common sense decision" that would enable the private/public utility to pay off the billions in its deferred…
IPPs paid $672 million above market price in 2015
British Columbia Hydro publishes quarterly reports that provide a long term record of consumption by domestic consumers, which are:ResidentialCommercial and light industryHeavy industryI've been reviewing more than 20 years of…
Delusion and deception are complementary
The eyes of British Columbians should be on BC Hydro's Site C project. It is a hydro facility not needed in a province that has had a decade of flat…