FORD SAVING $BILLIONS FOR ONTARIO'S COMPANIES

   G&M:  While Mr. Ford’s decision to end to the provincial cap-and-trade system could provoke lawsuits from companies that purchased allowances, the province is also set to join Saskatchewan’s legal fight over the federal government’s right to impose its carbon tax where provinces have not levied their own carbon price, whether by direct tax or cap-and-trade system.
   “They’re going to be quite happy that they won’t pay in the future; it’s putting money back into businesses’ pockets and families’ pockets, [and] I think people will be pleased,” he said. Asked whether the province is facing lawsuits, he said: “I don’t believe so; we’ve looked into that and we don’t see a problem with that.”
  The province is also scheduled to make a payment of US$311,055.40 to help fund the Western Climate Initiative on June 30, the day after Mr. Ford is sworn in as premier.