The details are complicated. But essentially, says the statement of claim, the government forgave a $2.6 billion tax bill owed it by Hydro One’s new private owners.
Second, the plaintiffs say that in allocating the proceeds of the sale, the government cost business and industrial electricity users an additional $1.2 billion in so-called debt retirement charges that they should not have had to pay.
The government hasn’t responded to any of these charges substantively. In effect it has said to both the courts and the plaintiffs: This is none of your business.
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