A publicly elected council or government has no right to use taxpayers’ money to promote private business to run a public service for profit.
Obviously, the business partner knows that for the coming decades a profit is guaranteed, and since they are given the privilege to run the facility, they can also increase the rates at any time.
We all need water in our homes. The grant from the federal government gives taxpayers’ money to the private sector.
That is exactly what the provincial government has been doing – to privatizing public services and creating opportunities for the private sector to rake in the profits from the ratepayers. Accounts are kept secret in order to protect the “deal” which has been struck. BC Hydro is one the many examples. Hydro is forced to buy power from private producers at double the cost and recuperate the loss from consumers.
We have a government elected by the people and we must hold them responsible to act in our best interest, and not in the interest of a favoured minority whose only goal is profits on the back of the working people.
Arno Penner