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Hydro Rates Once Again In Spotlight

Ontario’s Auditor General suggests the government has come up with a complex financing structure to keep the true costs of the 25% hydro rate reduction off the province’s books.

At Queen’s Park, Energy Minister Glenn Thibeault didn’t speak directly about the report, but is defending the measures taken by government.

Thibeault says since 2003, nearly $70-billion has been invested in the electricity system, including more than $37-billion in electricity generation.

He notes the investments have been made to ensure a clean and reliable energy system.

Progressive Conservative leader Patrick Brown says the report only reveals that the so-called Fair Hydro Plan is about getting the Liberals re-elected.

Brown says the government doesn’t care about helping local families, they just care about winning next years election.

(Picture: Ontario Auditor General Bonnie Lysyk)

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