Monetizing our public assets
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In the town’s disingenuous press release (really just a sales pitch for EPOCR) about its obsessive drive to privatize our utility services, it has this paragraph: The Town’s RFP process solicited proposals from a wide range of potentially interested parties that could maximize the value of the Town’s remaining investment in Collingwood PowerStream Utility Services Corp. Given the terms of the existing Shareholder’s Agreement with PowerStream entered into by the previous Council, the Town has very limited options regarding how it may monetize its remaining 50% investment in the local electricity distribution company. Monetize a public asset? Since when was … click below for more ↓