WhatFinger

Failed energy experiment

Liberals listen to the wrong experts


By Guest Column Ross Ayotte——--May 20, 2015

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Energy analyst Tom Adams remains critical of Ed Clark who is advising Wynne on the partial sale of Hydro One. Clark does not take into consideration the financial hole left behind when Ontario's take of $4 billion and a sizable chunk of the utility’s future revenue stream is out of the electricity system.

Also how can you sell 60% of hydro while maintaining 40% when the Liberals are giving OPG workers equivalent to 2.75 per cent of their salaries every year for 15 years; Hydro One employees will get shares equivalent to 2.7 per cent of their salaries annually for 12 years McGuinty and the Liberals said the rate payer is to pay 87 billion dollars over 20 years for this failed energy experiment and is a pay-as you-go program, so why are rates going up drastically and how did they screw up so bad that OPG workers and Hydro One workers will now own shares just 5-6 years into this program? What will be the total cost to the rate payer? Just remember George Smitherman and McGuinty stated our hydro bills would only go up 1% a year for 20 years. Lights out in Ontari-owe. Ross Ayotte Smiths Falls

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Guest Column——

Items of notes and interest from the web.


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