Close X
Tuesday, November 26, 2024
ADVT 
National

Opposition Parties Warn Sale Of Hydro One Will Drive Electricity Rates Higher

The Canadian Press, 14 Sep, 2015 10:25 AM
    TORONTO — A plan by Ontario's Liberal government to sell the province's largest electricity transmission company came under attack from both opposition parties as the legislature resumed Monday.
     
    The Progressive Conservatives and the New Democrats are opposed to the sale of Hydro One, warning it will lead to higher electricity prices.
     
    Premier Kathleen Wynne says the government needs the money from the sale to help fund its $130-billion program for public transit and infrastructure projects.
     
    The Liberals hope to get $9 billion from the partial sale of Hydro One, and would put $4 billion into infrastructure and the rest would be used to pay down hydro debt.
     
    New PC Leader Patrick Brown, who took the oath of office as the new Member of Provincial Parliament for the riding of Simcoe North on Monday, kicked off his first question period asking about Hydro One.
     
    Brown said the Liberals are holding a "fire sale" of an important public asset.
     
    NDP Leader Andrea Horwath said polls show the vast majority of Ontario voters are opposed to selling 60 per cent of the giant electrical utility.
     
    The New Democrats asked if the Liberals are holding back on the planned sale of Hydro One because they know it will hurt their federal cousins and Liberal Leader Justin Trudeau in the campaign for the Oct. 19 election.
     
    CUPE Ontario president Fred Hahn was outside the legislature today handing out cards stating that Hydro One should be kept in public hands.

    MORE National ARTICLES

    Parti Quebecois Leader Pierre Karl Peladeau Says Quebecor Shares Put In Trust

    Parti Quebecois Leader Pierre Karl Peladeau says he is placing his controlling shares of Quebecor Inc. into a trust administered by a well-known financier.

    Parti Quebecois Leader Pierre Karl Peladeau Says Quebecor Shares Put In Trust

    Fiat Chrysler Recalls Ram Pickup Trucks To Fix Airbag, Steering Problems

    Fiat Chrysler Recalls Ram Pickup Trucks To Fix Airbag, Steering Problems
     Fiat Chrysler is recalling more than 250,000 trucks sold in Canada to deal with problems that may affect driver-side airbag deployment and steering in Ram pickups and Chassis Cabs.

    Fiat Chrysler Recalls Ram Pickup Trucks To Fix Airbag, Steering Problems

    Appeal Court Tosses Out Constitutionality Challenge Over Health Care

    Darcy Allen, who is from Okotoks, Alta., had argued unsuccessfully in Court of Queen's Bench that the Alberta government's monopoly on health care was unconstitutional.

    Appeal Court Tosses Out Constitutionality Challenge Over Health Care

    Jury Selection In Dennis Oland's Second-degree Murder Trial Completed

    Jury Selection In Dennis Oland's Second-degree Murder Trial Completed
    New Brunswick's Justice Department says a jury has been chosen for the trial of Dennis Oland on a charge of second-degree murder in the death of his father, high-profile businessman Richard Oland.

    Jury Selection In Dennis Oland's Second-degree Murder Trial Completed

    Lululemon Posts Us$47.7 Million Q2 Profit, Revenue Up 16%, Direct Sales Rise

    The Vancouver-based fashion retailer's net income, reported in U.S. currency, amounted to 34 cents per share.

    Lululemon Posts Us$47.7 Million Q2 Profit, Revenue Up 16%, Direct Sales Rise

    Constitutional Challenge Of Pipeline Hearing Rules Won't Proceed

    Constitutional Challenge Of Pipeline Hearing Rules Won't Proceed
    VANCOUVER — The National Energy Board has the right to limit evidence or exclude participants from the Kinder Morgan pipeline hearing, or any other hearing it conducts.

    Constitutional Challenge Of Pipeline Hearing Rules Won't Proceed