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HomeNewsMPP says ulterior motive behind Liberal fire sale of Hydro One

MPP says ulterior motive behind Liberal fire sale of Hydro One

Vic Fedeli, the Tory MPP for Nipissing, says the fire sale of Hydro One by the Liberals has sinister written all over it.  Fedeli says once it’s sold, the Liberals have no plans to use the money on infrastructure programs.

He says instead they have an ulterior motive.  He says money from the sale will be applied to the deficit in an effort to make the government temporarily look good heading into the 2018 election.

But Fedeli says Ontario’s Financial Accountability Officer is telling the Liberals selling Hydro One will hurt Ontario’s finances.  It’s because the utility generates 700-million dollars a year for the province and with the sale, that revenue will be gone forever.

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