06-28-2018, 01:32 AM
(06-27-2018, 09:52 PM)Pheidippides Wrote: They might not have a choice. If the in-coming provincial government and he-who-shall-not-named decide this will be one of their "efficiencies" forced amalgamation of utilities may happen whether the individual utilities want it or if it makes fiscal sense.
That's not how it works. It has nothing to do with efficiency as the services they provide wouldn't benefit from any sort of amalgamation.
This is really a small handful of individuals smoking too much you-know-what and having dreams of becoming really large. You could bet that if the City of London did buy any utility, that money would funnel in London, not anywhere else.
Complicating the matter too that London Hydro also runs the water utility in London. I really see this an issue of 'fast cash' and hopefully our politicians are smart enough not to get involved with any sort of sell, no matter how good it looks on paper. And as I mentioned before, Cambridge and Kitchener manage their systems very well, compared to London anyway. Waterloo, perhaps they could benefit with Waterloo North Hydro merging as it isn't managed as well.