Patrick Brown said: the “fire sale” of Hydro One was a decision that's costing citizens dearly.
FACT: Not true. Broadening the ownership of Hydro One allows the government to significantly invest $4 billion in critical infrastructure without raising taxes, increasing debt, or recklessly cutting public services. Every dollar is being reinvested in new infrastructure, unlike when the Conservatives gave away the 407 in a fire sale. And broadening ownership has led to an improved organization – we’re already seeing the benefits of a renewed, better run utility.
Rates will also continue to be set by the independent Ontario Energy Board, which has a mandate to protect ratepayers.