Reevely: Cutting today’s hydro bills, for today’s votes, with tomorrow’s money
Ottawa Citizen

By David Reevely, Ottawa Citizen, March 1, 2017

“Smoothing out” the costs of Ontario’s energy system by taking longer to pay off generating contracts, as the Ontario Liberals are reportedly planning to do, means borrowing from the future to make ourselves more comfortable now.

The Toronto Star reported the government’s plan Wednesday morning, citing unnamed sources speaking before Premier Kathleen Wynne had made sure her cabinet was on board. “We will make sure that we have immediate relief for Ontarians in the very near future, but no decisions have been made at this time,” Energy Minister Glenn Thibeault told the legislature.

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