ONTARIO LIBERALS' DISASTROUSLY BAD POLICY

Let’s be clear: the Fair Hydro Plan is disastrously bad policy. Minister Thibeault happily explained it would reduce the price of residential electricity by 25%. But he doesn’t mention this is done by borrowing $26 billion to artificially lower electricity rates in the run-up to the next election. He doesn’t mention his plan will set electricity rates skyrocketing again just a few months after the election when ratepayers start paying back $40 billion after interest is added.