Close X
Thursday, November 14, 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

    BC Storm: Still No Power For 3,500 BC Hydro Customers After Record-breaking Outage

    BC Storm: Still No Power For 3,500 BC Hydro Customers After Record-breaking Outage
    BC Hydro says a windstorm that knocked out power in thousands of homes and businesses is believed to be the largest such outage ever for the utility.

    BC Storm: Still No Power For 3,500 BC Hydro Customers After Record-breaking Outage

    Harper, Trudeau Clash On Budgets, Deficits, Following StatsCan Recession Report

    OTTAWA — Stephen Harper and Justin Trudeau are duelling over deficits today in the wake of Statistics Canada's recession pronouncement.

    Harper, Trudeau Clash On Budgets, Deficits, Following StatsCan Recession Report

    Calgary Woman's Stolen Car Returned With Drugs And Weapons Inside

    Calgary Woman's Stolen Car Returned With Drugs And Weapons Inside
    CALGARY — A Calgary woman says her stolen car was recently returned to her by police but they did a lousy job of searching it before giving it back to her.

    Calgary Woman's Stolen Car Returned With Drugs And Weapons Inside

    Halifax-Based CanJet Suspends Flying Operations, Looks For New Business Plan

    Halifax-Based CanJet Suspends Flying Operations, Looks For New Business Plan
    The Halifax-based charter airline CanJet suspended its flight operations Tuesday, saying it is redoubling its efforts to find a profitable business plan.

    Halifax-Based CanJet Suspends Flying Operations, Looks For New Business Plan

    McDonald's Canada Has No Plans For All-day Breakfast After American Launch

    McDonald's Canada Has No Plans For All-day Breakfast After American Launch
    TORONTO — McDonald's Canada has bad news for those looking to get their Egg McMuffin fix past 11 a.m.

    McDonald's Canada Has No Plans For All-day Breakfast After American Launch

    Heavy Showers Could Drench Southern Interior Wildfires As Fire Threat Drops

    B.C. Wildfire Service information officer Ryan Turcot says three new fires broke out Tuesday, but the number of active fires has fallen to 151.

    Heavy Showers Could Drench Southern Interior Wildfires As Fire Threat Drops