Many seem to think, including Shawn Vestal, that the regulatory denial of the Avista-Hydro One approval is a good thing. I do not! Because Hydro One, as a Canadian company and foreign owner, would have been required to operate Avista as a separate U.S. subsidiary, which is good, meaning local management and board of directors, plus the headquarters would remain in Spokane. This also would have meant very few, if any, local job cuts.