TORONTO — Premier Doug Ford’s decision to tear up 750 renewable energy contracts shortly after winning the election last year is costing Ontario taxpayers more than $230 million. Associate energy minister Bill Walker blamed the previous Liberal government for signing the deals while the province had an oversupply of electricity. At the time, the government also said it would introduce legislation that would protect hydro consumers from any costs incurred from the cancellation. NDP energy critic Peter Tabuns criticized the government for burying the earmarked funds and said the government is wasting money. “What does it say to those investors when Ontario is ripping those kind of contracts up?” he said.

Source: National Post November 19, 2019 18:22 UTC