Privatization of Canada's electrical grid accelerating

[phantom power]

Canadians tend to think of power generation as a public utility — a crucial piece of infrastructure that governments are duty-bound to provide and oversee. But in Canada, the responsibility of managing the electricity grid is no longer a question of public trust; increasingly, it's a matter of private enterprise.

And with the country facing increasing demand for electricity and a need for massive investments to upgrade an aging power grid, governments eager to avoid tax hikes are helping to accelerate the trend.

"It used to be all large, Crown-owned utilities, but governments are moving towards this model in concerted ways," says Kent Brown, who heads up BluEarth Renewables Inc. The Calgary-based company is just one of many private firms now involved with supplying Canada's growing electricity needs.

http://www.cbc.ca/news/business/story/2011/03/12/f-power-2020-changing-ownership.html

[louis-t]

1. Be prepared for massive price hikes, my friends.

The same a s tax hikes, but one is 'evil', one is not?