Not that it would work in the Kleptocracy of Ontario.
Hydro rate cut will cost Ontario at least $45 billion
TORONTO – Premier Kathleen Wynne’s plan to cut hydro bills by 25% comes with an electrifying price tag for the government – anywhere between $63 billion to $93 billion if financed with borrowed money, a review by the province’s Financial Accountability Office concludes.
In the best-case scenario, which requires the Ontario government to balance its budget every year for the next three decades, the plan costs $45 billion.
Ontario’s Progressive Conservatives are slamming the Liberal government after media reports revealed the cost for the now infamous gas plant scandal has jumped by over $1.5 billion. That’s in addition to the $1.2 billion previously revealed by the auditor general, the Tories say.
CTV News revealed Thursday that Ontario ratepayers will now have to start shelling out on their hydro bills for the two relocated gas plants behind the infamous scandal.
The pricetag to build the Sarnia gas plant sits at $360 million and the Napanee plant at $1.2 billion, CTV says.
Over the last two years, the Ontario government has pursued the Changing Workplaces Review, a once-in-a-generation assessment of the Employment Standards Act and the Labour Relations Act. The outcome of this review will change the relationship between every employee and employer in Ontario.
According to media reports this weekend, the Ontario government is considering measures that will risk many unintended consequences while passing new costs on to consumers. This week, we were told that the provincial cabinet will consider several options including a minimum number of sick days, increasing annual paid vacation and boosting the minimum wage to $15 an hour.
In a letter sent to Premier Kathleen Wynne on behalf of Ontario’s employer community, the Ontario Chamber of Commerce objected in the strongest terms to many of the reforms that are potentially being considered. Taken as a whole, these reforms will tip our economic balance in a profoundly negative way. The changes would further restrict the flexibility of part-time and contract employees, diminish transparency and informed employee choice in the union certification process, and institute “paperwork provision” that will add new layers of red tape to the existing regulatory framework. It is important to remember that good jobs are the direct result of a strong and growing economy.
Just one in 10 Ontarians say they trust Premier Kathleen Wynne.
According to a new Forum Research survey the premier remains deeply unpopular with Ontario voters.
Asked who they find most trustworthy of the three main party leaders, respondents rank Wynne dead last with 11% saying they trust her. NDP leader Andrea Horwath is ranked as the most trustworthy with 29% support. Patrick Brown is viewed as trustworthy by 25% of respondents.
NDP energy critic Peter Tabuns wrote to financial accountability officer Stephen LeClair on Friday asking for the investigation. Tabuns says secret cabinet documents leaked by a government whistleblower point to serious problems with the scheme, which will see electricity rates soar by more than 50% by 2028.
On Thursday, Energy Minister Glenn Thibeault disputed the accuracy of the figures in the leaked cabinet document.
Tabuns said he would like an “objective assessment” of the entire Liberal plan before MPPs are asked to pass the legislation.
“Frankly, we’re going to be asked to vote on this in the next eight days,” he said. “I don’t know about you, I don’t trust Liberal numbers.”
In March, Premier Kathleen Wynne announced a plan to cut hydro rates by 17% after months of outrage over increasing electricity costs. The cut amounts to 25% if a previous 8% HST rebate is included.
The leaked document Thursday says that between 2022 and 2027, Ontario residents will be zapped by a 6.5% jump annually each year. That will be followed by a whopping 10.5% increase in 2028.
If you believe Ontario Premier Kathleen Wynne’s claim that through her sound fiscal management she has balanced the province’s books and can now spend more on public services, I have a bridge in Brooklyn I’d like to sell you.
Progressive Conservative leader Patrick Brown rightly called Wynne’s budget a “Hail Mary pass” Thursday, cooked up by a Liberal government desperately trying to clean up the financial mess it’s made of the province’s books for the past 14 years, in time for next year’s election.
Brown said despite Wynne’s claim of a balanced budget – the first since 2008 – the Liberals are actually hiding a $5 billion operating deficit.
I’ve been studying Ontario’s new Fair Housing Plan for several days now in an effort to discern the logic of the 16-point program that aims to bring housing costs under control. The idea itself seems both attractive yet fanciful: I’m not sure any government anywhere has ever been able to “control” prices or make housing “fair.” Cities that have existed centuries longer than Toronto haven’t found the magic formula (or, if they have, they haven’t shared it with Canada’s largest cities). London has existed since before the Roman conquest, and just try to find an affordable home for yourself there — you’d be lucky to bag a room in a multi-bedroom flat, sharing with strangers at exorbitant cost.
Ontario’s government recently published its annual “Sunshine List”, which identifies government-sector employees earning more than $100,000 per year.
Given the strong evidence of a significant pay premium in Ontario for government employees over comparably skilled and educated private-sector counterparts, it’s no surprise the list gets plenty of attention every year.
This year, one particular category of public-sector employees is worthy of extra scrutiny — public school teachers.
This is why Kathleen Wynne and the liberal party have retained power. This is Ontario’s Public Service Union kleptocracy at work.