Close X
Monday, November 25, 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

    Post-Tropical Storm Henri Moving Over The Grand Banks And Out To Sea

    Post-Tropical Storm Henri Moving Over The Grand Banks And Out To Sea
    HALIFAX — The remnants of post-tropical storm Henri are moving across the Grand Banks off the east coast of Newfoundland.

    Post-Tropical Storm Henri Moving Over The Grand Banks And Out To Sea

    Drilling Company PHX Energy Services Cuts Half Of Workforce, 500 Jobs Lost

    Drilling Company PHX Energy Services Cuts Half Of Workforce, 500 Jobs Lost
    Calgary-based drilling company PHX Energy Services Corp. has laid off nearly 50 per cent of its workforce, putting more than 500 people out of work.

    Drilling Company PHX Energy Services Cuts Half Of Workforce, 500 Jobs Lost

    People Trying To Ride Beluga Whale In Newfoundland: Fisheries Department

    People Trying To Ride Beluga Whale In Newfoundland: Fisheries Department
    The federal Fisheries Department is investigating reports that people in eastern Newfoundland have been trying to lasso and ride a beluga whale that has been frequenting the area around Grates Cove.

    People Trying To Ride Beluga Whale In Newfoundland: Fisheries Department

    Ontario, Quebec Premiers Critical Of Senate Plans Floated By Federal Leaders

    Ontario, Quebec Premiers Critical Of Senate Plans Floated By Federal Leaders
    Ontario's Kathleen Wynne said NDP Leader Thomas Mulcair's proposal to abolish the Senate is not realistic and can't be done without provincial support.

    Ontario, Quebec Premiers Critical Of Senate Plans Floated By Federal Leaders

    Household Debt Ratio Grew In Second Quarter As Debt Increased Faster Than Income

    On a per capita basis, household net worth increased to $243,800.

    Household Debt Ratio Grew In Second Quarter As Debt Increased Faster Than Income

    Third Suspect Arrested And Charged In Death Of 42-Year-Old Man At Vernon's Polson Park

    Third Suspect Arrested And Charged In Death Of 42-Year-Old Man At Vernon's Polson Park
    Mounties say a third person is facing a second-degree murder charge after a body was discovered in a park in Vernon, B.C.

    Third Suspect Arrested And Charged In Death Of 42-Year-Old Man At Vernon's Polson Park