Hey there, time traveller!
This article was published 4/5/2015 (782 days ago), so information in it may no longer be current.
Changes to budget reporting
Re: NDP accused of blurring financials (May 2). If they don't want to include the financials of Crown corporations, sell them off to the private sector, report it once as a decrease in assets and an influx of capital and never have this issue clouding the province's financial reports. If you wish to retain ownership, include them in a summary budget report.
While Mason is correct that fluctuations in Crown finances should not influence funding of core services, it does because the government counts on/raids the Crowns for operating revenue. Why not responsibly match government expenditures to revenue, run a balanced budget and live within your means? Let the Crowns retain profits in a capped contingency fund and spend any profit over that on retiring the province's debt.
The government prevented any discussion on the need for and alternatives to Manitoba Hydro's dreaded Bipole III. Both the Clean Environment Commission, which permitted Bipole III, and the Public Utilities Board were forbidden from evaluating Bipole III. Now the 3.95 per cent hydro rate increase every year is being done so with no accountability.
Worst of all, there is no indication this development will be profitable, as electricity-export revenues continue to fall. In 10 years or so, home solar panels and batteries will generate cheaper electricity than Manitoba Hydro will be able to provide, and this northern development will be stranded.
-- Dennis Woodford
Maybe the NDP doesn't want to show how poorly Manitoba Hydro is doing financially. It'll be too hard for them to privatize.
@user-7014082: They're going to need to privatize Hydro to prevent the province from going bankrupt.
Bridge tenant chosen
Re: New bridge restaurant chosen, pending approval (May 1). I wish them luck. That is a great spot for a restaurant.
The five-month opening may help deal with the intractable reality that so many Winnipeggers are too darn lazy to walk outside for five minutes in the winter. Opening for the duration of Festival du Voyageur seems like a no-brainer.
-- Spence Furby
I give them three years. A bad location is always a bad location.
I think this is going to be the right business model. Can't wait to go there.