We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

Doug Ford is the 100-million-dollar-man for meddling in Hydro One

5 1 41
26.01.2019

Doug Ford set out to get rid of the six-million-dollar-man. In doing so he's made himself into the 100-million-dollar-man.

That's a terrible deal — and it's even worse in Canadian money.

On Wednesday, Hydro One abandoned its takeover of U.S. energy company Avista Corp. As a result it will have to pay a termination fee of $103 million (U.S.) That's a staggering $137 million on our side of the border.

That $137 million, tossed out the window with absolutely no benefit to Ontario's electricity users or taxpayers, is the price of the premier's incompetent meddling in Hydro One.

No one but Ford can be blamed for wasting that money. He was warned, repeatedly, but he refused to listen. And it's Ontarians who will pay for it now.

When Ford promised to........

© St. Catharines Standard