The secrecy and deception behind Collingwood’s utility sale

Meetings held behind closed doors late into the night. Personal vendettas. Kickbacks. Conspiracy theories. Scams and phony reports. Backroom deals. Unethical politicians conniving. Dubious legality. Shady characters pulling strings from the shadows. Scheming. Minions acting like thugs. Cowardice. Hidden contracts. Lies and deception. A deal they can’t refuse. A financial shell game. The betrayal of public trust. If that sounds like the ingredients for … (more)

Collus in purgatory

Purgatory is how a staff person described to me the current situation of our local electrical utility, Collus-PowerStream (CPS). It’s the result of The Block’s and the administration’s incessant interference, manipulations, contrivances and scheming over the past three years. And it was evident, Wednesday, at the meeting where CPS presented its draft Distribution System Plan, a strategic plan for future maintenance and growth. They’re … (more)

The secret costs of the EPCOR deal

Whether or not The Block sell our share of our public electrical utility to the for-profit, Edmonton-based EPCOR, it will still cost taxpayers millions. And I don’t mean just the rising costs of sole-sourced lawyers and buddy consultants the administration has hired (well over $1 million already, and the bills keep coming in). I’m talking about the hidden costs The Block won’t divulge because … (more)

The Block’s worst abuse of power yet

I warned you. I warned you The Block would blame others for their own evil acts, that they would scheme and connive to sell your assets behind closed doors, and they would find a way to keep the much-disliked interim CAO on, no matter what the cost to taxpayers. I warned you they would lie, scheme in secret, and behave unethically in order to … (more)

Betrayal by the Block, again

Monday night, The Block will engage in their favourite political activity: betraying the public trust. In fact, it’s the only political activity they’ve engaged in this term, in which the public has been concerned. Everything else they’ve done has been to further their own personal agendas or entitlement. But Monday, they’re doing it up in style. And, of course, in secret. At the council … (more)

What will the secret EPCOR negotiations cost us?

I was reading about the failed attempt by EPCOR – an Edmonton-based, for-profit corporation – to purchase half of Innisfil’s Power utility (InnPower) last year. Back in Sept., 2015, there was a story in the Barrie Examiner that noted: INNISFIL — Town council has approved the sale of 50% of InnPower (formerly Innisfil Hydro) to Edmonton-based EPCOR to create a new ‘strategic partnership’. At … (more)

We were lied to. Again.

On Monday, the Block chose a new representative for the town’s half of the Collus-PowerStream board. They advertised the position in the local media and accepted applications from several qualified local residents. They made it look like they were actually going to follow the proper and legal process for the first time. They went in camera to discuss the applications. And who did they … (more)

Collus-PowerStream responds about dividend

On the April 24 council agenda is an addendum that includes the response from Collus-PowerStream about The Block’s questions over the lack of a dividend from the utility. I wrote about this last month in Dividends for Dummies. I’m glad to see what I wrote then has been proven correct. The original letter from CPS back in February, stated, “The Board decision was based … (more)

Dividends for dummies

A dividend, as defined by the Business Dictionary, is “A share of the after-tax profit of a company, distributed to its shareholders…” This is reiterated in the description from the Oxford Dictionary: “A sum of money paid regularly (typically annually) by a company to its shareholders out of its profits (or reserves).” So in order to pay a dividend, you need to make a … (more)

Saunderson announces another tax hike

At Collingwood Council, Monday night, Deputy Mayor Brian Saunderson revealed The Block’s plan to foist its third tax hike this term on residents. Despite the report on the town’s financial situation by the interim CAO’s pet consultant that warned Collingwood is already overtaxed, Saunderson and his Block plan to raise your taxes AGAIN this term. At the end of the meeting, he made a … (more)

You’ve been duped. Again.

Remember all those blithe assurances from The Block that they were only “kicking tires” and “just exploring our options”? Well, there’s a story in the Connection that shows just how much you have been conned by your elected representatives. It’s titled,”Collingwood to continue utility sale negotiations with unnamed bidder.” Read that headline again. Pay attention to two words: negotiations and continue. How can they … (more)

Council is privatizing our utilities

Collingwood council and its administration are planning to privatize both our water and electricity utilities. All, of course, without consulting you, the public. Some members of council have even stated – with a straight face, mind you – they would ask for your input at a later date. A date long after it’s too late for public input to matter, of course. They have … (more)

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