Premier Wynne sells Hydro One stocks at a loss to First Nations. The share value is $26.10, but Premier Wynne sells them for $18.00 so if you discount 15 million shares x $8.10 that would = one hundred twenty-one million five hundred thousand profit for First Nation people before the ink is dry. So in reality Wynne sold 15 million shares for 137 million five hundred thousand to buy the First Nations vote?
Next up will be the teachers unions to get discounted stock and will other unions get the same deal? Is Wynne buying votes to secure a Liberal victory next election?
Premier Wynne sells Hydro One stocks at a loss to First Nations. The share value is $26.10, but Premier Wynne sells them for $18.00 so if you discount 15 million shares x $8.10 that would = one hundred twenty-one million five hundred thousand profit for First Nation people before the ink is dry. So in reality Wynne sold 15 million shares for 137 million five hundred thousand to buy the First Nations vote?
Next up will be the teachers unions to get discounted stock and will other unions get the same deal? Is Wynne buying votes to secure a Liberal victory next election?
I thought Ontari-owe was broke, but I guess with Wynne's bank of Ontari-owe we have lots of money left in our pockets to fund the Bank of Ontari-owe through higher taxes & fees & new taxes and fees and higher hydro rates. Also a $100 million transmission line intended to bring electricity into Ontario from the United States is not delivering any hydro because of a Six Nations land dispute in Caledonia. Hydro One is unable to complete the last couple kilometres of the power line. The people of Ontario have paid over 50 million dollars in interest on top of the cost of the transmission line in which Bob Chiarelli, our former energy minister, stated is unfortunate but it just the price of doing business. Also I would like to note Premier Wynne gave the OPG and Hydro One unions a 111 million dollar loan to buy Hydro One stock and to secure their support in the sale of Hydro One.
Ontario strikes deal to sell Hydro One shares to First Nations
First Nations in Ontario will get the chance to buy shares in Hydro One, ... First Nations to loan them up to $268-million to buy up to 15 million ..
Powerline to nowhere: $100M powerline costing taxpayers millions
by the Caledonia land claim dispute, the line is costing taxpayers millions ... to complete the expensive hydro transmission 'line to nowhere.
Ontario enlarged loans to unions so they could buy more shares in hot
The PWU received its original $75 million loan, but the SEP loan was ... Hydro One Ltd makes its debut on the Toronto Stock Exchange in ..