Quote:
Originally Posted by Winnipegger
While Manitoba's economic growth metrics can be significantly influenced by investments made by Manitoba Hydro (a crown corporation), Hydro's spending is not equivalent to government fiscal stimulus.
Manitoba Hydro's purpose is to invest in power generation infrastructure to meet current and future power requirements of the province, not provide fiscal stimulus at the behest of the Provincial Government. While Manitoba Hydro is a crown corporation, it engages in demand-driven expansion in a manner similar to any other power corporation, private or otherwise.
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I wasn't really referring to Hydro in any way, despite thinking that it ought to be better managed. My contention is that the government does have to be financially responsible at some point. Cuts are never popular. No one's going to lose votes by spending either. The point is that we do need to look big picture and see that if we don't take some measures now, eventually the consequences are much worse than a few years of relatively more spartan economic conditions.