By Roy L Hales

British Columbia’s regulatory accounts have been receiving a lot of attention lately. Business Vancouver compared them to a shell game, in which expenses are deferred to the future so that the government can report “profits.” Vaughn Palmer writes that the province has “cumulative long-term obligations amount to $102 billion, with Hydro accounting for the bulk of them.” The item that really caught my eye was $50 billion for electricity BC does not need.