After years of governments mismanaging energy markets in Ontario, new research by the Fraser Institute shows Ontarians now pay some of the highest electricity bills in Canada.
The average residential monthly bill for Torontonians last year was $201 (including tax). In Ottawa, it was $183 per month.
Compare that with Montreal ($83 per month) or Calgary ($109 per month) and it’s not hard to see Ontarians are taking it on the chin over the price of electricity.
It’s not only an issue in absolute terms. The trend is also telling.
In Ontario, from 2008 to 2015, electricity prices grew two-and-a-half times faster than disposable income, nearly four times faster than inflation, and four-and-a-half times faster than the rate of economic growth.
This was the result of incompetent ideologues having been voted into and kept in power by our predator class.