generation

Friday April 17, 2015

Friday April 17, 2015Editorial cartoon by Graeme MacKay, The Hamilton Spectator – Friday April 17, 2015

Liberals will sell 60% of Hydro One to fund transit infrastructure

Premier Kathleen Wynne’s Liberals will sell off 60 per cent of the province’s $16-billion Hydro One transmission utility to bankroll new transit infrastructure, the Star has learned.

Queen’s Park will retain a 40 per cent stake and minority shareholders will be limited to a 10 per cent ownership, sources say.

At the same time, Hydro One Brampton and Hydro One Networks’ distribution arm will be spun off into a separate company and sold outright for up to $3 billion.

The Hydro One changes — and a plan to allow the sale of beer in about 300 supermarkets — are key recommendations in a major report to be released Thursday by Wynne’s privatization guru Ed Clark, the former TD Bank CEO.

Insiders confide that Wynne will immediately accept Clark’s findings and move forward ahead of Finance Minister Charles Sousa’s April 23 budget.

All proceeds will go toward a 10-year, $29 billion infrastructure plan that includes $15 billion to build public transit in the Greater Toronto and Hamilton Area.

Wynne defended the Hydro One partial privatization, saying it’s a “very different process” than the full sell-off the Progressive Conservative administration had planned in 2002 because Ontario will keep the largest single ownership stake and maintain regulatory and price control. (Source: Toronto Star)

Saturday February 4, 2012

By Graeme MacKay, The Hamilton Spectator, Saturday February 4, 2012 When the kid comes back When Joey Temprile finished high school, he promptly moved out and started university. As soon as he graduated, he moved back home with his parents. More than two years later heÕs still there and doesnÕt plan to leave any day soon. At 25 and fully employed with the government, Temprile is an official member of the so-called boomerang generation, a growing breed of young adults who are returning home. Half of young Canadians in their 20s live with their parents, a phenomenon observers attribute to the troubledÊeconomy and ever-changing family dynamic. As debate rages over whether or not the trend is troublesome, families living with adult children say the key to making it work is communication, respect and boundaries. Neither Temprile nor his parents have any concern with the fact that he and his brother Matt, 22, are still at home Ñ inÊfact, they like it. ÒFrom a parenting perspective it gives you the opportunity to talk with your child and relate to your child in a way you never have before,Ó says TemprileÕs father Dan. ÒThatÕs been an enjoyable evolution of our relationship.Ó Temprile feels the same way and notes any downfalls to the situation are overshadowed by the benefits. ÒI can live with (less) freedom if it means I can have a house at 26 or 27.Ó ItÕs a clash of expectations that most often leads to conflict when children return home, says Christina Newberry, author of The Hands-on Guide to Surviving Adult Children Living at Home (Self-published, $30.53). After a taste of independence, many children struggle with the restrictions ofÊbeing back under their parentsÕ roof. Likewise, their parents wonder what the new house rules should be and worry if their fledgling will ever leave the nest.(Source: Hamilton Spectator)Êhttp://www.thespec.com/news-story/2231143-when-the-kid-comes-back/ Adult children, grown up, parents, society, living, arrangement, empty nest, fam

Cartoon by Graeme MacKay, The Hamilton Spectator, Saturday February 4, 2012

When the kid comes back

When Joey Temprile finished high school, he promptly moved out and started university. As soon as he graduated, he moved back home with his parents. More than two years later he’s still there and doesn’t plan to leave any day soon.

At 25 and fully employed with the government, Temprile is an official member of the so-called boomerang generation, a growing breed of young adults who are returning home. Half of young Canadians in their 20s live with their parents, a phenomenon observers attribute to the troubled economy and ever-changing family dynamic.

As debate rages over whether or not the trend is troublesome, families living with adult children say the key to making it work is communication, respect and boundaries. Neither Temprile nor his parents have any concern with the fact that he and his brother Matt, 22, are still at home — in fact, they like it.

“From a parenting perspective it gives you the opportunity to talk with your child and relate to your child in a way you never have before,” says Temprile’s father Dan. “That’s been an enjoyable evolution of our relationship.”

Temprile feels the same way and notes any downfalls to the situation are overshadowed by the benefits. “I can live with (less) freedom if it means I can have a house at 26 or 27.”

It’s a clash of expectations that most often leads to conflict when children return home, says Christina Newberry, author of The Hands-on Guide to Surviving Adult Children Living at Home (Self-published, $30.53). After a taste of independence, many children struggle with the restrictions of being back under their parents’ roof. Likewise, their parents wonder what the new house rules should be and worry if their fledgling will ever leave the nest.(Source: Hamilton Spectator)