Brace for higher prices for natural gas.
The Ontario Energy Board is warning it could cost an extra $336 a year by 2020 to heat a home on natural gas.
PC critic Monte McNaughton puts the blame solely on the introduction of the cap and trade carbon program.
McNaughton claims when the Liberals introduced the tax, they knew it would end up costing families.
Ontario’s Energy Minister says the government has no say in expected hikes in natural gas prices.
Glenn Thibeault says any decision to boost rates is made by the Ontario Energy Board, an independent arms-length regulator.
The government notes the cap and trade program has generated $2-billion that’s being reinvested into a green energy program and other new economic investments.
