NP, Terence Corcoran; While the punditocracy whipped itself into a justifiable if ritual lather over another Ottawa bailout of Bombardier, the $372-million loan is small change compared with the multi-billion-dollar green electric power fiascos across the country.
A rough tally of the ballooning financial plight of the electricity sectors in British Columbia, Manitoba, Ontario and Newfoundland quickly runs to more than $50 billion in new debt and imbedded costs for investments that threaten to be money-losing drags on growth and consumers — and the federal government —for years to come.
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