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So what's the deal? Sale or no sale?

 
                 
 

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April 10, 2008 09:32 PM - Yesterday, the Toronto Star reported that Mississauga city council had decided to sell off the City’s 90 per cent share in Enersource — a decision which took many by surprise, even the mayor.
Hazel McCallion returned yesterday from a trade mission in the far East, and immediately phoned Mississauga News City Hall reporter Joe Chin to express her concern over council’s decision in her absence.
McCallion said  it was taken without public input, and it wasn’t right that Enersource employees learned about the sale on the front page of a newspaper.
Now, however, acting mayor Pat Saito is saying she was surprised by the story too, because the decision to sell hasn’t actually yet happened.  Saito told Chin that all council decided on Wednesday was to effectively float the idea that the utility could be for sale… for the right price.
While confusion reigns at City Hall, the decision to sell the debt-ridden utility is long overdue, especially since this is the city that prides itself on being ‘debt free’.
Once the utility is sold, the City can take its rightful place as watchdog on behalf of its residents, advocating for better rates, instead of having their hand in the electricity pot.

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