The Judicial Inquiry into the 50% share sale of Collingwood Utility Services Corporation to PowerStream Inc. was requested by the Town of Collingwood by Resolution 042-2018.
The Inquiry’s mandate is to inquire into the sequence of events leading to the sale transaction, the Request for Proposal (RFP) process, fees and benefits paid to anyone in relation to the sale transaction and contracts entered into among the parties. The Inquiry will also look into the allocation of proceeds of the transaction for recreational facilities at Central Park and Heritage Park and any fees or benefits paid to any person or the entity involved in the creation of the recreational facilities. The Inquiry will examine the impact of these events on the ratepayers of the Town of Collingwood as they relate to the good governance of the municipality and make any recommendations the Associate Chief Justice may deem appropriate and in the public interest.
Judicial Inquiries are a way for governments to examine issues and problems outside the regular legislative process. Inquiries can help communities to benefit from independent, neutral consideration of matters in the public domain. Public inquiries can help develop public policy and make recommendations that will serve the public in the future.
