Teresen Gas and BC Hydro will be charging YOU for their 2010 security costs.

How would you feel about having to pay the  2010 security costs for Teresen and BC Hydro? 

If you aren’t sure, you better start thinking about it now, because you are going to be on the hook for at least $11 million between the two companies.

CTV  BC ran the story last night on their 6pm newscast, highlighting yet another Olympic cost that should be included in the Premiers Olympic Budget, but  isn’t.  Check out the full written story and video clip at this CTV link : http://www.ctvbc.ctv.ca/servlet/an/local/CTVNews/20090212/bc_olympic_security_090211/20090212/?hub=BritishColumbiaHome

Teresen Gas will be spending at least $4 million dollars to protect the gas lines going up to Whistler during the games. That’s right- $4 million dollars – out of your pocket. 

 Already approved, this will result in a surcharge on your gas bill for at least two years, to make sure those gas lines are safe for two  short weeks. We all know how  these Teresen surcharges work. I blogged about the current number of ridiculous surcharges we already pay back in November, after dissecting my rather laughable bill where the actual cost of gas was less than all the extra charges and taxes. http://lailayuile.wordpress.com/2008/11/18/terasen-gas-and-bc-hydro-kill-me-with-their-billing/  

I predict they will apply for an extension on that, and we will all be paying up the ying-yang far longer than two years.

But, let us not forget BC Hydro! They are saying the costs to ensure security for the Hydro lines is running at $7 million dollars. Again, out of your pocket.

Also not included as an Olympic cost by the Premier. This charge was approved back in December, however we are  suddenly only hearing about it now. And of course,  it did not  come from either Gordon Campbell or the finance minister.

Neither Teresen or BC Hydro has announced how much extra we will be paying on our bills in the years to come, but I’m certainly looking forward to hearing about it when their PR reps have finished working out what particular spin they figure will ease the pain for taxpayers.

I saw the premier in an interview recently, where he denied all the projects currently going on where Olympic projects. Let anyone add what they want to the bill, because they will anyways, he declared. The Sea to Sky highway is not an Olympic project. The convention centre is not an Olympic project. The Canada line is not an Olympic project. ( no, they just have Olympic deadlines…)

Well Premier, these would seem to be direct Olympic costs, and they are not in your Olympic budget.

Explain that.

When 2010 was announced,we were wooed with promises of Olympic glory and long standing legacies for all British Columbians.

What they failed to mention is that the  most significant legacies will come in the form of longstanding debt for taxpayers in all corners of BC, whether you can afford to join in on the celebration or not. And many British Columbians will not be able to afford anything more than a bag of nachos and a beer while they watch in front of their tv.

 I think I speak for many, when I say that Olympic debt is one legacy we can do without – at least this is how I see it.