TORONTO—The Ontario government has failed to fundamentally solve the province’s electricity problems and continues to shift the burden from consumers to taxpayers by subsidizing hydro rates, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Successive governments in Ontario have sought to subsidize the costs to produce and consume electricity in Ontario, which have had the effect of masking the true costs, and saddling taxpayers with increased public debt,” said Phillip Cross, senior fellow at the Fraser Institute and co-author of Ontario Government Perpetuates Poor Electricity Policy.
