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Canadian Electricity Exports, Capital Costs, and US Trade Policy

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  • William F. Averyt
  • G. Laber

Abstract

This paper examines the debate on capital costs for publicly owned electric utilities in Canada, especially the effect of government guarantees on hydro borrowing. An examination of the borrowings of Hydro-Quebec and 46 American utilities from 1980-86 shows no significant effect of the provincial guarantee on Hydro-Quebec's interest rates during this period.

Suggested Citation

  • William F. Averyt & G. Laber, 1990. "Canadian Electricity Exports, Capital Costs, and US Trade Policy," Canadian Public Policy, University of Toronto Press, vol. 16(2), pages 145-154, June.
    • Handle: RePEc:cpp:issued:v:16:y:1990:i:2:p:145-154
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    References listed on IDEAS

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    1. Lawrence Fisher, 1959. "Determinants of Risk Premiums on Corporate Bonds," Journal of Political Economy, University of Chicago Press, vol. 67(3), pages 217-217.
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    Cited by:

    1. Thomas M Fullerton Jr, 2004. "Recent Trends in Border Economics," Urban/Regional 0405005, University Library of Munich, Germany.

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