New Scandal: Will this be the worst yet?

I don't think it was a good idea 14 years ago and still don't think it is. Harris doesn't run the Province anymore. Wynne does. Do we really want people like Putin or the Arabs or the unions owning Hydro? Government is too big but it does have a place in certain sectors. A controlled and predictable source of energy is basic to our well being. Wether I choose to pay a toll on a highway to speed up my commute is a choice I can make, there are alternatives. Using electricity is not something I or employers can make. What the hell will she sell next budget? Algonquin Park? Niagara Falls? Highway 401 should be worth a few $ Billion.

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Originally Posted by terrym

I don't think it was a good idea 14 years ago and still don't think it is. Harris doesn't run the Province anymore. Wynne does. Do we really want people like Putin or the Arabs or the unions owning Hydro? Government is too big but it does have a place in certain sectors. A controlled and predictable source of energy is basic to our well being. Wether I choose to pay a toll on a highway to speed up my commute is a choice I can make, there are alternatives. Using electricity is not something I or employers can make. What the hell will she sell next budget? Algonquin Park? Niagara Falls? Highway 401 should be worth a few $ Billion.

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No, I understand who is running this province. But I think it deliciously hypocritical the same people who were rabidly against Harris doing it are touting the very same thing (even though I don't think Harris was stupid enough to sell off controlling interest).

I have heard to balance the next budget, Wynne plans to sell Ontario's first born sons.

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Originally Posted by Dythbringer

No, I understand who is running this province. But I think it deliciously hypocritical the same people who were rabidly against Harris doing it are touting the very same thing (even though I don't think Harris was stupid enough to sell off controlling interest).

I have heard to balance the next budget, Wynne plans to sell Ontario's first born sons.

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Harris LEASING it out was a short term solution but atleast the Canadian Pension Plan owns 40%
Dividends paid in 2013 by 407 International to SNC, Cintra Infraestructuras and CPPIB: $680 million
http://www.bnn.ca/News/2014/6/23/SNC...-road-CEO.aspx

There are options to the 407, probably 80% of the province has never drove on it, electricity....99% of the province relies on it, businesses rely on it etc. etc. and they even have to change the laws to make the sale legal.

Who is going to buy Ontario Hydro, the banks have cut their fees to get the deal so there is some savings there....Ontario Teachers Pension Plan? Canadian Pension Plan? State Electric Corporation of China?

There has been no mention of buyers, almost no details which bugs me, profit expectations... in more or less is a "fog or war"... a war against prosperity, the future and common sense!

To get these profits on the 407, think about the fact it has more than doubled the per km charge, increased transponder fees, increased video charge etc. etc.... and apply to a our electricity rates????