Ontario cuts natural gas price after revoking cap-and-trade regulations

By CBC News Ottawa, August 29, 2018

Premier Doug Ford says the Ontario government will remove the cost of the now-repealed cap-and-trade system from natural gas bills.

Ford says the change means families will save $80 a year and small businesses will save $285 annually.

He says the government has issued a directive to the Ontario Energy Board that will see the price of natural gas reduced by 3.3 cents per cubic metre starting on Oct. 1.


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