Of fibre optics and financial skeletons in the St. Thomas utility merger closet


city_scope_logo-cmykFrom the promise of a downtown fibre optic network to assurance the St. Thomas office of Entegrus is under no threat of closure, the future is one of exceptional service, according to the top brass at the merged utility.
The trio of heavyweights – including president and CEO Jim Hogan – appeared before council at Monday’s (March 18) reference committee meeting to update members as the one-year anniversary of the St. Thomas Energy/Entegrus merger approaches on April 1.
Their message was one of corporate goodwill. Everything’s going to be fine, Jack. The kind of pat-on-the-head pep talk you get when your share of the pie is only 20.6 per cent.
And, nary a word on why the city received such a minority share when it serves 30 per cent of the total 59,000 customer base.
But more on that financial skeleton in the closet in a moment.

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