Taxpayers should own the infrastructure

The controversy regarding the installation of new electrical infrastructure should examine the facts as they exist. Electrical transmission infrastructure is a critical, strategic infrastructure upon which all Albertan public, residential, commercial, and industrial activity depends.

Dear editor,

The controversy regarding the installation of new electrical infrastructure should examine the facts as they exist. Electrical transmission infrastructure is a critical, strategic infrastructure upon which all Albertan public, residential, commercial, and industrial activity depends. It is an oligopoly with 8.5% regulated profits, based on equity, and which requires the legislative hammer of Bill 50 to appropriate the land and approve the construction. To allow $8 billion dollars of new equity, to be provided by ratepayers, is simply an equity boost subsidy to AltaLink (SNC Lavilin and MacQuarie Transmission) which will result in increased private profit.

I propose that the new transmissin facilities (lines and stations) be owned by the Albertans (who will pay for them) financed by the provincial government (who get a reduced finance rate as compared to private enterprise) with the engineering, construction and management being tendered to private firms at a regulated rate. The end result is similar to the current situation except that the hard asset equity (lines and stations payed for by the increase in transmission rates) would remain with Albertans.

This would entice competition for the maintenance and management contracts which could be tendered periodically.

The ownership of the hard assets should remain with Albertans, and be managed to the benefit of Albertans.

Don McGregor

Edmonton

Just Posted

Let the Games begin!

Team Alberta takes home gold and silver in speed skating on day one

WATCH: Historic night in Red Deer as 2019 Canada Winter Games kicks off

Star-studded Opening Ceremony features athletes from across Canada

Athletes’ medals unveiled at the official kick-off of 2019 Canada Winter Games

Medals depict Central Alberta landscape and pay tribute to First Nations

WATCH: Canada Winter Games are finally here

Final leg of torch relay kicked off at Fort Normandeau

Furever Ours dance coming to Botha

Tickets still left for “Furever Ours” dine and dance

Fashion Fridays: Up your beauty game

Kim XO, helps to keep you looking good on Fashion Fridays on the Black Press Media Network

Team Alberta adds nine medals on day two of competition at Canada Winter Games

Team Alberta had a solid day at the 2019 Canada Winter Games in Red Deer

Cabinet likely to extend deadline to reconsider Trans Mountain pipeline

New round of consultations with Indigenous communities is coming

PHOTOS: Canada Games action from the Gary W. Harris Canada Games Centre

Wheelchair basketball, short-track speedskating draw large crowds

Disgraced ex-Congressman Anthony Weiner released from prison

He was convicted of having illicit online contact with a 15-year-old North Carolina girl in 2017

Jason Kenney pledges education revamp if UCP wins power in Alberta

Kenney has said the full United Conservative platform will be rolled out during the campaign

Ontario police field complaints over Amber Alert for missing girl, 11, found dead

Some said the Amber Alert issued late Thursday for Riya Rajkumar disrupted their sleep

‘Mitts don’t just warm hands. They warm hearts’: Mitts for Many Program launches

Donate new or lightly used mittens to bin in the Great Hall of the Gary W. Harris Centre

Most Read