Permanent fix
Should it be made permanent? That is the top agenda item that ought to be considered when the committee looking into the County’s waterworks system sits for the first time, likely next month. We’ve been here before. In 2010, another ad hoc committee was formed to look at waterworks rates. The crushing reality of some […]
Case study
Let’s say you sell widgets. You’ve sold them for a long time. Every year you earn about one per cent of the value of each widget sold. But suddenly, your costs are spiralling upward. You increase your cut each year, but it is still not enough. So you decide to add a couple of big […]
Silent shareholders
The municipality of Prince Edward County has its share of challenges. But contrary to the election-time claims of would-be council members, the County does not have a debt problem. The County owes about $16 million in taxpayer- funded debt. That’s about $640 per person, or approximately $1,400 per household. Measured against cash flow and assets, […]
Fair is fair
It’s fair game. If you live alongside a powerful, innovative and dynamic economy, it makes sense to leverage your proximity to that market’s energy—to your economy’s benefit. It is why we spend gazillions building bridges— both literally and figuratively—to the U.S. market. We do this to ensure commerce flows easily back and forth. It’s the […]
Plan 13
Council was defiant. An 8-8 tie meant the defeat of proposals to reduce the size of council. It was over. Mayor Robert Quaiff warned they were celebrating too soon. He pleaded with councillors to complete the process they had initiated. He feared an Ontario Municipal Board appeal. Particularly since they had short-circuited their own process. […]
Innovators
Redmond Walsh lived nearly all of his 94 years on the farm—120 acres of rich, rolling land between Hastings and Keene. By the time he had inherited the land—the fourth generation of Irish immigrants—it was already a well-established and productive farm. Large well-tilled fields produced crops on all sides of the large, rambling farmhouse. A […]
Fixing and building
Politicians love infrastructure. And by love, I mean that complicated kind we feel for wives, husbands, sisters and brothers. It is uneven, ebbing and flowing, sometimes volatile. Heartbreaking at times. Yet nothing brings a broader smile, or a warmer glow, to a politician’s face than when cutting a ribbon or grasping a ceremonial spade in […]
A louder voice
We need a break. Some time to spend with family and friends. To soak in the warm feelings that abound at this time of year. It hasn’t come a day too soon. It was a tough year. We feel less safe than we did a year ago. We are less sure that our institutions work […]
Headed to the top
Prince Edward County waterworks customers are stumbling toward a rather ignominious achievement. We have, by some measures, the unenviable distinction of the most expensive municipal waterworks in Canada. Currently, the nation’s costliest municipal water system per capita is in Grise Fiord, Nunavut at $1,570 annually per person. There are many reasons for its high cost—mostly […]
Cliffhanger
I saw The Big Short at the Regent Theatre over the weekend. The movie, based on Michael Lewis’s book, purports to tell the story of the collapse of the housing market bubble in the US in 2007 and 2008 which very nearly took down the world’s banking system with it. As entertainment, it was mildly […]