To the editor,
The promise made by Progressive Conservative leader Jamie Baillie to freeze power rates is pointless on so many levels other than quickly trying to attract voters.
The albatross around his neck is the move by a previous Tory government in 1992 to sell off Nova Scotia Power. At the time it was the largest private equity sell-off by a provincial government in Canadian history.
This made the government books look better in the short term but did nothing for power rates in the long term. Our power rates in 2013 are a direct result of this fact. Baillie’s promise is from a third-place party leader who, in reality cannot see forming government in the pending election. His earliest opportunity is many years away.
By then, the Maritime Link will be in operation providing stable energy pricing because of the foresight of the NDP government years before. And this makes Progressive Conservative leader Jamie Baillie’s promise of freezing power rates hollow on every level.