Ontario is completely screwed. What is going on in what was Ontario Hydro is ENRONIZATION. This will mean POSSIBLE 50 cents an hour hydro bills and brownouts. Wynne is carrying on the Mike Harris agenda of ENRONIZATION. This is the process of making power into a "market", and leaving the details to the Devil. Bye bye Ontario manufacturing industry, who were lured to that province by cheap and predictable power rates. Free Trade and the high dollar were not the only story. As I recall, Bob Rae started messing with Hydro before Harris got his hands on it.
ALL THREE PARTIES ARE GUILTY.
What happens with ENRONIZATION is that when there are bad assets they are shuffled off into other corporations. ENRON CHECK. What was Ontario Hydro is now 4 corporations. On top of all of these is the "Stranded debt" of $30 billion or so. This is the financial HOT POTATO.
This is classic neoconservative crisis manufacturing so that ENBRIDGE can walk in and save the day. ENBRIDGE, as we know, is connected to the Conservative Party of Canada at the highest level, as we have found from the Duffy Diaries. ENBRIDGE is the favored rescuer from the Ontario ENRONIZATON mess. And Ontario consumers will have nice stable hydro bills of 16 cents a kilowatt hour. Welcome to the future.