Topaz Posted April 16, 2015 Report Posted April 16, 2015 Anyone who is a customers of Hydro One already know how high their hydro bills have become, now, they will have to worry how much more its going to cost when a private company takes over. The province also is going to allow beer and not wine at the grocery stores. http://www.cbc.ca/news/canada/toronto/ontario-to-sell-off-60-of-hydro-one-allow-beer-in-grocery-stores-1.3035347 Quote
Boges Posted April 16, 2015 Report Posted April 16, 2015 You mean Wynne was lying last June during her election campaign. NOWAI!!!!! If Hudak said he'd do this, people would be crying in the streets. Quote
overthere Posted April 16, 2015 Report Posted April 16, 2015 Premier Kathleen Wynne said Wednesday the government would retain majority ownership and would make sure consumers are protected against price hikes. How does Ontario sell 60% and keep majority ownership? 12-packs will be sold at LCBO stores on a trial basis. Before, 12-packs were only sold at Beer Store locations. Are 12 packs considered dangerous, or need some kind of special handling in ON? Quote Science too hard for you? Try religion!
Big Guy Posted April 16, 2015 Report Posted April 16, 2015 Glad to see that "Beer Store" monopoly broken. I still have no idea how those foreign companies managed to get a monopoly on beer sales. It is about time Canadian money stayed in Canada. Quote Note - For those expecting a response from Big Guy: I generally do not read or respond to posts longer then 300 words nor to parsed comments.
Topaz Posted April 16, 2015 Author Report Posted April 16, 2015 Apparently, out of the 9 billion they will get from Hydro One sale, 5 Billion goes to debt and 4 Billion to infrastructure, which all could go to Toronto and they probably need more, so I don't know how they are going to spread that 4 Billion around. All cities and municipalities are crying for this type of help. Quote
Bryan Posted April 16, 2015 Report Posted April 16, 2015 How does Ontario sell 60% and keep majority ownership? Wynne's budgeting woes are becoming pretty clear. Quote
Bob Macadoo Posted April 16, 2015 Report Posted April 16, 2015 Wynne's budgeting woes are becoming pretty clear. It's going to cost 9 billion to get the system upgraded.....where do we think that's coming from? Quote
overthere Posted April 16, 2015 Report Posted April 16, 2015 It's going to cost 9 billion to get the system upgraded.....where do we think that's coming from? selling more beer? Quote Science too hard for you? Try religion!
Bryan Posted April 16, 2015 Report Posted April 16, 2015 It's going to cost 9 billion to get the system upgraded.....where do we think that's coming from? Do you pay your mortgage by way of a pawn shop? Quote
Bob Macadoo Posted April 16, 2015 Report Posted April 16, 2015 Do you pay your mortgage by way of a pawn shop?Missed your point.My point is whoever buys this pig in a poke will need to upgrade.....that will need to be financed......cheap money for privateers and sure as shyte rates will go up to cover their payment plus their "vic". Same thing happened when the Tories gave Bruce Nuclear away. We never learn from our mistakes. Quote
Bryan Posted April 17, 2015 Report Posted April 17, 2015 Missed your point. My point is whoever buys this pig in a poke will need to upgrade.....that will need to be financed......cheap money for privateers and sure as shyte rates will go up to cover their payment plus their "vic". Same thing happened when the Tories gave Bruce Nuclear away. We never learn from our mistakes. Yeah, I think we are on the same page there. Quote
Ash74 Posted April 17, 2015 Report Posted April 17, 2015 It's going to cost 9 billion to get the system upgraded.....where do we think that's coming from? Same place they got the last 30 billion from. Fleecing the tax payers.Likely with the new pension scheme Dwight Duncan was so proud to say that 30 billion was spent on the Ontario power system. The Ontario Liberals have raised taxes over and over again with little to no regard to how it was spent. Maybe they could start paying attention. Or if you would like me to give examples... Cancelled gas plants was a billion that could have gone to upgrading 1.9 billion on smart meters would have been better spent. Quote “Show me a young Conservative and I'll show you someone with no heart. Show me an old Liberal and I'll show you someone with no brains.”― Winston S. Churchill There is no worse tyranny than to force a man to pay for what he does not want merely because you think it would be good for him. –Robert Heinlein
AngusThermopyle Posted April 17, 2015 Report Posted April 17, 2015 Ya gotta love the timing of these announcements. We're selling Hydro...look! Squirrel! They have to arbitrarily change the law in order to sell Hydro. Oh, wait, they'll just do it anyway. Biggest bunch of inept crooks ever. I guess if you disagree with the sale Wynne will just brand you a Hydrophobe. Quote I yam what I yam - Popeye
Argus Posted April 17, 2015 Report Posted April 17, 2015 Same place they got the last 30 billion from. Fleecing the tax payers.Likely with the new pension scheme Dwight Duncan was so proud to say that 30 billion was spent on the Ontario power system. The Ontario Liberals have raised taxes over and over again with little to no regard to how it was spent. Maybe they could start paying attention. Or if you would like me to give examples... Cancelled gas plants was a billion that could have gone to upgrading 1.9 billion on smart meters would have been better spent. So what? The people of Ontario don't care how big the deficit is or how high their taxes are. Quote "A liberal is someone who claims to be open to all points of view — and then is surprised and offended to find there are other points of view.” William F Buckley
Topaz Posted April 18, 2015 Author Report Posted April 18, 2015 The finance minister said that the new owners can't raise the rates only the OEB. BUT the OEB is make up of CEO's of union gas, hydro and their associates, so what's the differences? The new owners can raise the price of transmission, delivery and storage has they have in the past. Quote
overthere Posted April 18, 2015 Report Posted April 18, 2015 So what? The people of Ontario don't care how big the deficit is or how high their taxes are. Or the debt, isn't it around $300 billion now? That is an awesome and startling number. How can the province begin to hope to pay that down, like ever? Quote Science too hard for you? Try religion!
Bob Macadoo Posted April 18, 2015 Report Posted April 18, 2015 The finance minister said that the new owners can't raise the rates only the OEB. BUT the OEB is make up of CEO's of union gas, hydro and their associates, so what's the differences? The new owners can raise the price of transmission, delivery and storage has they have in the past. That's not why....as that will raise shyte......all they have to do is say they have X, Y, & Z capital projects that need to be paid off......and the OEB has no choice but to agree. You just financed Bruce Power being able to refurbish its reactors and you didn't even know. Quote
Ash74 Posted April 20, 2015 Report Posted April 20, 2015 This makes me nervous about the Hydro One sale. Makes me think this is the reason our fearless leader is willing too part with it http://www.torontosun.com/2015/04/19/hydro-one-sale-means-loss-of-ombud-oversight (I do apologize for the source but could not find it anywhere else) I know some of you would throw yourselves under a bus than admit Premier Wynne is not the wonderful soul that the Liberals claim her to be. But with the endless issues with Hydro one billing practices. I now believe that this might be a chance for her to hide an issue that has been giving her a black eye. Quote “Show me a young Conservative and I'll show you someone with no heart. Show me an old Liberal and I'll show you someone with no brains.”― Winston S. Churchill There is no worse tyranny than to force a man to pay for what he does not want merely because you think it would be good for him. –Robert Heinlein
Argus Posted April 20, 2015 Report Posted April 20, 2015 (edited) Or the debt, isn't it around $300 billion now? That is an awesome and startling number. How can the province begin to hope to pay that down, like ever? Who cares? The Liberals are nice people, and like natives and gays and unions, and won't be mean like those nasty conservatives. What more do you want? Edited April 20, 2015 by Argus Quote "A liberal is someone who claims to be open to all points of view — and then is surprised and offended to find there are other points of view.” William F Buckley
Ash74 Posted April 20, 2015 Report Posted April 20, 2015 They really hate us working folk that have the nerve to complain when we cannot afford the hydro or spending revenues needed for their latest brain child. Right now this is just smoke and mirrors. The Ontario Liberals have a proven track record of breaking promises so I am wondering what this money is really for Quote “Show me a young Conservative and I'll show you someone with no heart. Show me an old Liberal and I'll show you someone with no brains.”― Winston S. Churchill There is no worse tyranny than to force a man to pay for what he does not want merely because you think it would be good for him. –Robert Heinlein
Bob Macadoo Posted April 20, 2015 Report Posted April 20, 2015 This makes me nervous about the Hydro One sale. Makes me think this is the reason our fearless leader is willing too part with it. But with the endless issues with Hydro one billing practices. I now believe that this might be a chance for her to hide an issue that has been giving her a black eye. I too am concerned but this can easily be remedied with legislation....bringing them under the umbrella. In addition they get to wash their hands of direct responsibility....."You're right Ombudsman....that 'private' corp. is bad.....go get'em." Quote
Ash74 Posted April 20, 2015 Report Posted April 20, 2015 I too am concerned but this can easily be remedied with legislation....bringing them under the umbrella. In addition they get to wash their hands of direct responsibility....."You're right Ombudsman....that 'private' corp. is bad.....go get'em." Wow. As much as I respect ya I didn't think you would take a side against Wynne. But I really doubt and would be very surprised if the Liberals did the right thing and keep hydro one "under the umbrella" I will admit as much as I am for free enterprise I feel that the ever increasing price of hydro is hurting too many people. Even a right wing nut like me will admit that sometimes a little help is needed. Quote “Show me a young Conservative and I'll show you someone with no heart. Show me an old Liberal and I'll show you someone with no brains.”― Winston S. Churchill There is no worse tyranny than to force a man to pay for what he does not want merely because you think it would be good for him. –Robert Heinlein
Bob Macadoo Posted April 20, 2015 Report Posted April 20, 2015 Wow. As much as I respect ya I didn't think you would take a side against Wynne. But I really doubt and would be very surprised if the Liberals did the right thing and keep hydro one "under the umbrella" I will admit as much as I am for free enterprise I feel that the ever increasing price of hydro is hurting too many people. Even a right wing nut like me will admit that sometimes a little help is needed. I'm not fer or again' her. I will logically poo-poo any policy points made by any knee-jerk gov't. Here's what happens when you let social engineers believe the market will save us......two worlds annihilate.......us. Quote
WWWTT Posted April 25, 2015 Report Posted April 25, 2015 Looks like this is going to get more and more ugly! http://newsforontarioninetyninepercent.ca/privatizing-hydro-one-will-benefit-bay-st-interests/ WWWTT Quote Maple Leaf Web is now worth $720.00! Down over $1,500 in less than one year! Total fail of the moderation on this site! That reminds me, never ask Greg to be a business partner! NEVER!
Ash74 Posted April 26, 2015 Report Posted April 26, 2015 The Liberals I have no doubt are resting easy. Looks like this is going to get more and more ugly! http://newsforontarioninetyninepercent.ca/privatizing-hydro-one-will-benefit-bay-st-interests/ WWWTT After all the worst case scenario is the OPP will investigate and we will have all died of old age(or freezing to death because we could not afford to heat our homes) by the time anything is figured out. Quote “Show me a young Conservative and I'll show you someone with no heart. Show me an old Liberal and I'll show you someone with no brains.”― Winston S. Churchill There is no worse tyranny than to force a man to pay for what he does not want merely because you think it would be good for him. –Robert Heinlein
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