Premier Doug Ford vows to keep election promise to cut hydro rates by 12 per cent - 2020-03-06
Green party Leader Mike Schreiner said Friday that Ford's promise has always been "reckless and ill-advised". Rather than a blanket subsidy program that benefits the wealthy, the province must find a way to support low and middle-income households, he said in a statement.
"The province is spending $5.6 billion this year alone to subsidize electricity prices at current rates, so to actually lower hydro rates, we would need to add billions to the deficit," he said.
NDP energy critic Peter Tabuns said he is skeptical of Ford's promise. If the government wants to address rising hydro prices it could start by returning full ownership of the utility Hydro One to public hands.