people power

In his column, Bruce Wark asks if it would be possible to set up a provincially owned power corporation that would issue bonds in exchange for the shares now held by private investors (“People power,” Editorial, April 1). While this may be possible, I would ask why would we want to? We’ve been there and done that, Bruce, and that is why we are where we are. When Nova Scotia had its crown company NS Power operating the electrical utility in our province, we accumulated a debt of $2.245 million. When the privitization took place this debt was transferred from