The loss of electrical power in downtown Calgary has made national news–it is a news story. Such a story has never occurred in Canada before. It prompts me to ask some questions. Would the loss of power in downtown Calgary…
Democracy is not the answer; I am not going to throw my alderman out of office because of this one issue. Voting with my feet is not a realistic option either; I have too much invested in living in Calgary. …
Under the current ownership structure, all Enmax employees, directors, and officers (“Enmaxians”) are owned by a municipality and not immediately accountable for capital and other related costs to the open market. They cannot benchmark themselves quickly and easily against competing…
What would selling Enmax mean, some of the practical consequences: Two Perspectives. As a Calgarian. As an Enmaxian, employee or director. As a Calgarian Let me assume that we could sell Enmax for $5.0 Billion. That would mean $5,000 per…
The Financial Argument There is a very important reason I should be able to choose. It is not morally proper that I be forced to own Enmax, from a financial perspective. Let me deconstruct that proposition. Morally justified because there…
The Moral Argument City of Calgary owns Enmax. Enmax is a profitable, cash flow positive (so far) investment. Their motto is a dramatic form of irony: Applied to electrical purchasing, “you have the right to choose” is a fine motto. …