Ontario will import enough electricity from Quebec to power a city of more than 200,000 people under a seven-year agreement signed Friday, but the provinces won’t say how much Ontario is paying Hydro Quebec. However, Montreal newspaper La Presse reports the agreement is worth $1 billion, and calculates Ontario will pay five cents a kilowatt hour for the electricity.
Wynne declined to say how much the $70 million in reduced costs would impact electricity bills in Ontario, if at all.
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