Why Charles! That means the Irvings are just like everyone else! Now doesn't that make you like you have a whole lot more in common with them after all?
Actually they won't. First of all, expenses like power usage are tax deductible. Second, where they use the most power is in the pulp industry which is heavily subsidized by taxpayers. So taxpayers pay their power bills.
And finally, they bring in the oil which is used for power generation. In other words, they are electricty providers, which means they make more money on selling to NB Power.
And once they have the LNG terminal they will have their own source of gas.
2 comments:
Why Charles! That means the Irvings are just like everyone else! Now doesn't that make you like you have a whole lot more in common with them after all?
Actually they won't. First of all, expenses like power usage are tax deductible. Second, where they use the most power is in the pulp industry which is heavily subsidized by taxpayers. So taxpayers pay their power bills.
And finally, they bring in the oil which is used for power generation. In other words, they are electricty providers, which means they make more money on selling to NB Power.
And once they have the LNG terminal they will have their own source of gas.
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