Episode Details

Calgarys City Council is considering selling Enmaxs subsidiary, Versant Power, to fund water infrastructure repairs and boost property taxes. The $2 billion asset could ease financial pressures without losing control of Enmax. Mayor Farkas criticizes Enmaxs focus on Versant, while others see it as a valuable asset. Meanwhile, plans to spin off the water utility into a subsidiary, possibly run by Enmax, are under discussion, with emphasis on affordability and partnerships.

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