Mayor John Tory made his pitch to consider a partial selloff of Toronto Hydro this week. Since 2013 Toronto Hydro has been constructing Copeland Station on Bremner Blvd., south of the CN Tower, said Scott Travers, president of the Society of Energy Professionals, the union representing 8,000 workers, including Toronto Hydro engineers. Hydro is “exploring options” to meet its capital requirements to meet the city’s needs, wrote Hydro spokesman Brian Buchan. To reap a windfall from privatizing a significant chunk of Toronto Hydro, the city will need a big helping hand from Ontario Premier Kathleen Wynne. Council had previously agreed to consider Hydro privatization.

Source: thestar September 23, 2016 14:03 UTC