If you thought you'll pay much less with Ontario's new hydro deal, think again - News Summed Up

If you thought you'll pay much less with Ontario's new hydro deal, think again


A deal to buy Quebec's cheaper and cleaner hydroelectric power will save Ontario millions of dollars, but there's little relief in the agreement for citizens in this province who are struggling to pay their hydro bills. "I think somebody's going to save money, but I doubt very much that it's going to be the people," said Natalie Hundt, a low-income mother of two who also goes to school. Ontario Premier Kathleen Wynne and Premier Philippe Couillard signed the hydro deal Friday, flanked by Ontario Energy Minister Glen Thibeault, far right, and Quebec Minister of Energy and Natural Resources Pierre Arcand. In fact, some experts are blaming the Liberals' byelection loss to the Progressive Conservatives in the Toronto riding of Scarborough-Rouge River last month on rising hydro rates. Ontario Energy Minister Glenn Thibeault recognized that individual consumers would not save much money, but said it was an important step forward for the province.


Source: CBC News October 22, 2016 10:30 UTC



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