Ontario trying to duck public scrutiny on Hydro One with latest legal move, CUPE says - News Summed Up

Ontario trying to duck public scrutiny on Hydro One with latest legal move, CUPE says


“It’s not surprising that they want to try and stop the public spotlight this case will bring to their actions,” Fred Hahn, president of CUPE Ontario, said Wednesday. The Ontario government is seeking to dismiss a lawsuit aimed at stopping the further sale of shares of Hydro One in an “attempt to avoid a public trial,” says the Canadian Union of Public Employees. The government defends the sale as a way to raise $9 billion to pay down debt in the hydro system and bankroll improvements to public transit. Hydro One shares closed at $23.72 on the Toronto Stock Exchange, down 33 cents. “The people of Ontario still own the majority of shares and the vast majority of Ontarians want to keep it that way.”


Source: thestar February 01, 2017 15:21 UTC



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