We all have vested interests. I am a very large residential customer for NB Power. My bill each year is a little over $4,000 – the cost of owning a 100 year old home originally built by a guy named Gordon Baxter in 1905.
Tell me why I – as a resident, taxpayer and rate payer, should say no to a deal that I know for sure will save me between $1,600 – the cost of my son’s next round of braces and over $2,000 (if the 3% rate cap goes away) – the cost of my daughter’s voice and drama lessons – over the next five years?
Because power outside the Heritage Pool has to be purchased on the open market? Because Joey Smallwood negotiated a bad deal 40 years ago? Because there is another mythical suitor out there that we don’t know about? Because evil big business is getting a rate cut? Because we are losing our sovereignty?
This is fun, isn’t it? I had no plans to be a strident supporter of this deal when I first heard about it. I thought the broad strokes sounded like the government had solved what was really starting to be a crisis (in my opinion). But when I first read the line of reasoning behind the opposition (which is getting more refined), I couldn’t believe it. Some poor shmuck who can hardly pay his electricity bill was about to get a rate freeze for five years – something that no other resident in Canada will get – and we are debating the finer points of constitutionality.