Resident opposes sale of Hydro One

November 4, 2015 · 0 Comments

(An open letter to MPP Chris Ballard)

I am greatly disturbed that our Premier is taking steps to sell a stake in our Hydro One electric utility despite the government’s own financial auditor stating that it will create a greater debt for Ontario.
This opinion has been stated by every financial expert that I have read on the long term consequences.
I hope you will not blindly follow such “folly”. You need to convince others in the Liberal party not to support this.
This is a boondoggle which eclipses the selling of the 407 which the Liberal party was vehemently opposed to at the time.
Our provincial debt has doubled over the last 10 years under your party with two credit downgrades and this sale will continue our downward economic spiral.
Short term gain will mean long term pain for the people of Ontario and their children.

Shelley Wister
Aurora