The Liberals brought in their Fair Hydro Plan in 2017 to address a public outcry over soaring hydro rates, particularly in rural areas. Under the new Tory plan, borrowing costs to achieve the rate cut would move onto the government's books. (Ontario Legislative Assembly )NDP energy critic Peter Tabuns said the Tory plan will still require the province to take on billions in debt to lower hydro rates. "This is effectively the Liberals' Fair Hydro Plan," he said. Schreiner said this change will not move the government any closer to its promised 12 per cent hydro rate reduction.
Source: CBC News March 21, 2019 20:58 UTC