Forgive me if you find some conflicting data from post to posts. My intention is to provide food for thought, and as I learn new things, I may link it in or reference it, but not go back to earlier posts and make corrections. Thank you and enjoy.

Friday, December 18, 2009

Random thoughts

Check this out : NB's debt rating was downgraded a few moonths ago. Seems somebody's noticing all that spending.

http://www.bloomberg.com/apps/news?pid=20601082&sid=afzm7ohRqwF0

Debt per person in NB currently stands at about $10,500 per person.

Debt per person in Quebec stands at about $19,000.

http://www.edmontonjournal.com/business/Gary+Lamphier+Alberta+financial+troubles+would+envy+other+provinces/1934363/story.html
Seems raising power rates will be an easy target for Charest to combat his $4,000,000,000 (billion) dollar deficit this year. I don't like typing those really big numbers. There are so many zero's it easy to get mixed up. Remember folks, that is just the shortfall in income in one year. Two years of Quebec deficit is equal to all of NB's current debt total to date.

I like this example of how the status quo in Alberta resulted in 50% savings in the last year versus those who chose a five year contract. Sound familiar? Gotta be careful what you wish for.

http://www.workingforest.com/content/alberta-power-rates-plunge

It's time for Quebecers to pay the bills.

http://cebl.vmbl.ca/Economics/9/CEQ_02112009_e.pdf

And I really like the icing on the cake in this article. A 1 cent per kilowatt hour rate hike. That's about 15% in quebec terms and 10% for here.

http://www.wsws.org/articles/2009/nov2009/queb-n09.shtml
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