But how much do those now-infamous pay cheques really have to do with the mismanagement and scandal that have beset the province’s electricity system under Liberal rule? “The electricity system is a mess — it has to be reconceptualized and restructured from the ground up,” says Adams. But he would keep intact the Liberals’ Fair Hydro Plan — the 25 per cent rate cut that until recently the Tories regularly blasted. Combined with other measures, it says it can achieve a 30 per cent rate cut. Adams shakes his head at both parties’ policies, saying those dividends now effectively subsidize hydro rates by paying off stranded electrical debt.
Source: National Post May 16, 2018 15:45 UTC