It’s a much anticipated document and it can be found in the agenda for Monday night’s city council meeting.
We are referring to the city’s consolidated financial statements for 2015 which include details of its investment in Ascent Group Inc.
Not sure whether it is meant to offer reassurance to ratepayers, however that portion of the document opens with “The city owns 100% of Ascent Group Inc. which in turn owns 100% of St. Thomas Energy Inc., Ascent Energy Services Inc., Ascent Solutions Inc., Ascent Utility Services Inc., and Ascent Renewables.
Once you digest the Ascent Group financial statement we, as ratepayers, would be better off owning a fleet of wheezing Russian Ladas.
If you thought the 2014 Ascent picture was grim, hold on. Continue reading
There was more pruning over at Ascent/St. Thomas Energy this week, leaving the city’s utility pared back to the bone.
A release issued Thursday announced Alltrade Industrial Contractors Inc. of Cambridge, Ont., had acquired Ascent Utility Solutions for an undisclosed amount.
This small division of Ascent dealt with traffic and streetlights in the Greater Toronto Area and employed four or five non-union staff and any union staff were retained through a union hiring hall, according to Ascent acting CEO Rob Kent.
Alltrade operates in numerous sectors including automotive, food and beverage, manufacturing and its energy group works within the renewable energy sector, solar, water and wind and within the power and utilities sector.
The transaction does not include St. Thomas Energy, the local distribution company owned by the city and Ascent Energy Services which deals in fibre optics and provides IT services in the city. Continue reading
No disrespect to the hospital’s vice-president, but you can bet Nancy Whitmore was anything but the first choice to replace out-going president and CEO Paul Collins who exits on Oct. 31.
Whitmore will take over the helm in November, but the hospital board of directors did not hire healthcare recruitment firm The MedFall Group only to have them say look from within.
Back in March of this year we talked to board chair Melanie Taylor who asserted the hunt for a new president and CEO would be far-reaching.
“We’re looking to retain the best possible talent who could come from someplace other than southwestern Ontario,” advised Taylor. Continue reading
Ten days ago – as reported last week in this space – we contacted Cathy Fox, communications and public relations specialist at St. Thomas-Elgin General Hospital, seeking answers to the following questions.
Why doesn’t vice-president/chief of staff Nancy Whitmore’s salary appear on annual public sector salary disclosures?
And, prior his arrival at STEGH, did vice-president of corporate services Malcolm Hopkins work outside of health care in British Columbia?
We received the following detailed answer to the first query directly from hospital CEO Paul Collins.
“In 2008, STEGH undertook a recruitment process to replace the previous physician in the role of VP Medical Affairs/Chief of Staff. The successful candidate was Dr. Nancy Whitmore, the first from outside of STEGH. Dr. Whitmore had been a practicing obstetrician/gynecologist in St. Thomas in the early 1990’s before relocating to Stratford.”
Leading the way toward a lean, efficient and effective operating program versus ripping taxpayers off with over-valued, over-billed opinions of what’s good for the hospital.
That’s the debate that has raged on the Times-Journal website and Facebook page in the aftermath of our revelation last week of the overseas jaunt to Singapore by four St. Thomas-Elgin General Hospital executives.
In the week since, we’ve learned of other trips to the U.K. and Wisconsin and rumors of possible convention junkets to Florida and Las Vegas that are now being checked.
News of the fact-finding mission to Birmingham, Bristol and Leeds in the U.K. by CEO Paul Collins and chief of staff Nancy Whitmore comes on the heels of a revealing T-J editorial penned by John Robson entitled, “To see the future of Canadian health care, look to the U.K.”
Robson paints a picture of a health care system in shambles with the collapse of the National Health Service on which ours is modelled.