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Why the Canadians Should Sell Tucson Electric: A Corporate No-Brainer

Looking back on this 12 year, $4+ billion “slam-dunk” electric utility deal, it’s got to be the dumbest corporate assumption in Hoser biz history. A short recap: Fortis, originally a nondescript 1924 Canadian government enterprise, out in the maritime boondocks of wet, cold Newfoundland & Labrador (read: sinecured ‘gubbmint’ jobs), gets privatized in 1987 as...

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Arizona Daily Independent broke the news in on Tuesday, October 7, 2025.
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