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Saturday, October 31, 2015

‘Worst deal in the province’s history’: Opposition slam Ontario’s ‘ludicrous’ Hydro One sell-off

The Ontario Liberals are steamrolling ahead with a plan to sell off 60 per cent of Hydro One in the wake of a damning report that said the sale could cost the province up to $500 million a year in the long run.

“This is the worst deal in the province’s history,” PC Hydro One critic Todd Smith said in question period following the release of the financial accountability officer’s report.

NDP leader Andrea Horwath said it’s “ludicrous” that Premier Kathleen Wynne has said she’ll continue with the sale after the watchdog found it could net as little as $1.4 billion for infrastructure. That’s just one per cent of the $130 billion the province plans to spend on infrastructure over 10 years, which the sell-off is supposed to fund...

Also: Sign the petition calling for a referendum on the sale of Hydro One 

Plus, the latest in Ontario Liberal Party corruption, police say

Ontario Liberals paid $10,000 to have gas plant data erased

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