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Ontario NDP pledges to bring hydro back to a public system

Move would eliminate bureaucratic waste, stop power price spikes.

Horwath: We will turn [privatization, deregulation] around, get back to a public power system in ON.Toronto, ON, June 25, 2011: After its annual convention, the NDP announced its platform ahead of the fall election. Romina Maurino of The Canadian Press writes of the NDP's plans to bring hydro back to a public system along with many other ideas, such as salary caps for CEOs in the public sector and the elimination of student debt for new doctors in rural areas.

"Ontario's New Democrats would change the province's electricity system to find savings to balance the books if they win the election this fall, the party said as it released its campaign platform Saturday.

The NDP said it would merge Hydro One, the Independent Electricity System Operator, the Ontario Power Authority and Ontario Power Generation electricity bureaucracies with a combined operating budget $4.8 billion. The agencies carry too much waste, the New Democrats contend.

'New Democrats never supported the privatization and de-regulation of hydro in this province; Alberta is the only other province that went down this wrong-headed route,' NDP Leader Andrea Horwath said..."

For the complete article, please click here.

Posted: July 06, 2011

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