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Selling off Hydro One will be a disaster for Ontario

Photo: flickr/ Markus Grossalber
Kathleen Wynne and the Ontario Liberals are trying to sell off 60 per cent of Hydro One. Critics say this will negatively affect the already cash-strapped province.

Related rabble.ca story:

Privatizing Hydro One is going to hurt, say critics

Photo: flickr/ Markus Grossalber

The Ontario 2015 budget had more than a plan to put beer and wine in grocery stores. The Ontario Liberals are trying to sell off 60 per cent of the publicly owned electricity transmission and distribution company Hydro One.

Critics of the plan say that privatizing the massive network of transmission lines and stations means trouble for workers, the environment, and an already cash-starved province.  

Privatization could mean Big Energy agenda

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May 6, 2015 |
Nearly 12,000 British Columbians have signed a petition calling on the provincial government to cancel plans by the Interior Health Authority to privatize hospital laundry services.
May 1, 2015 |
Today, electricity prices in Nova Scotia are higher than in any other province.
April 27, 2015 |
The hospital cuts are resulting in accelerated privatization, hardship for patients and unsafe hospital overcrowding.
April 24, 2015 |
The terms of the deal for privatizing the Canadian Wheat Board mean that it has been given away to the Saudi Arabian government and a U.S.-based multinational.
April 20, 2015 |
The Hydro One selloff is a short-sighted plan by the Liberal government that will mean higher electricity bills and a loss of billions in long-term revenue.

SOLD! Canadian Wheat Board no longer quite so Canadian

Photo: flickr/Kevin Lallier

"Agriculture Minister Gerry Ritz announced that G3, a joint venture owned by two foreign corporations, Bunge and the Saudi investment company SALIC, is the beneficiary of CWB privatization. With this, the Conservative government has accomplished the biggest transfer of wealth away from farmers in the history of Canada," said Jan Slomp, National Farmers Union (NFU) President.

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Comments

We welcome your comments! rabble.ca embraces a pro-human rights, pro-feminist, anti-racist, queer-positive, anti-imperialist and pro-labour stance, and encourages discussions which develop progressive thought. Our full comment policy can be found here. Learn more about Disqus on rabble.ca and your privacy here. Please keep in mind:

Do

  • Tell the truth and avoid rumours.
  • Add context and background.
  • Report typos and logical fallacies.
  • Be respectful.
  • Respect copyright - link to articles.
  • Stay focused. Bring in-depth commentary to our discussion forum, babble.

Don't

  • Use oppressive/offensive language.
  • Libel or defame.
  • Bully or troll.
  • Post spam.
  • Engage trolls. Flag suspect activity instead.
Ontario Premier Kathleen Wynne in 2013
| April 16, 2015
March 16, 2015 |
Speculation continues about possible changes to Ontario's beer retailing system.
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