Quote:
Originally Posted by optimusREIM
Also, we need to acknowledge that as much economic output is created by government spending, the spending can't go on ad infinitum. Eventually we'll face a day of reckoning. Best to actually try and stay in the black as much as possible to avoid negative consequences for future generations. I understand that from time to time we need government stimulus in harder economic times, but we also are the authors of our own misery as regards cuts to services. There's got to be a balance. After all, we don't want to be the Greece of Canada...
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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.