Category Archives: Privatization

Hydro’s golden words – The Globe and Mail

The written word is devalued no more. Michael Gourley, an in-sider with Ontario’s former Conservative government, received $105,000 from Crown-owned Hydro One in an untendered contract, and the only written record of his work is a one-page e-mail. For that price, you might expect T.S. Eliot. But no, there was no “patient etherized upon a table” in this prosaic message. Not unless you count the taxpayer, from whose helpless form all those dollars were removed.

And many more besides. In all, Hydro One, which owns Ontario’s electrical transmission system, paid a handful of Tory insiders $5.6-million in untendered contracts for advice on how to privatize the public utility. The Globe’s Martin Mittelstaedt has now managed to obtain, through freedom-of-information requests, copies of the work that Hydro received in return. For those who care about how public policy is made, these pages offer a cynic’s tour on the inside.

via Hydro’s golden words – The Globe and Mail.

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World Bank wants water privatized, despite risks ~ News Forage

“Corporations don’t have a social or development mission,” Naficy told me. “Right now we’re funding development to prop up private projects, instead of putting the decisions for funding in the hands of governments that are accountable to people.”

Clean and affordable water is the basis of life. Skyrocketing water prices, unsafe supply, failing infrastructure — these problems fall disproportionately on the most vulnerable among us. This is why public institutions, not private corporations, must lead the development of water systems and delivery. The World Bank Group is uniquely positioned to increase access to clean water for the billions who need it. Instead of using its position to line the pockets of water companies, it should support what is most needed: affordable, clean — and public — water for all.

via World Bank wants water privatized, despite risks ~ News Forage.

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