Hydro One Chief Executive Officer Mayo Schmidt earns $20,808 a week in base salary. (Bloomberg / GETTY IMAGES file photo). By Rob FergusonQueen's Park Bureau. Fri., March 30, 2018. It was a good year to be the boss at Hydro One. Chief executive officer Mayo Schmidt got a $1.7-million raise, lifting his total ...

“There is an affordability crisis in Ontario. Hydro rates have skyrocketed, taxes and fees have ballooned, and our provincial debt is the highest of any province or state in the world – compromising the services we all depend on," he wrote in an email. "The Liberals have had 15 years to take health care, ...

The head of Hydro One was paid almost $6.2 million last year – as much as 10 times what comparable electricity executives in the country earn, Progressive Conservative finance critic Vic Fedeli says. “(PC Leader Doug Ford) is livid over this,” Fedeli said Thursday. “And he said we will rein in executive ...

TORONTO -- No evidence exists that Ontario Premier Kathleen Wynne or any of her senior ministers acted in bad faith when they made the surprise decision to privatize part of provincial utility Hydro One, the province's top court ruled on Tuesday. Upholding an earlier ruling dismissing a lawsuit against the ...

Hydro One is a Toronto-based utility that primarily services the province of Ontario. Hydro One stock has dropped 6% in 2018 as of close on March 26. There are a number of factors that have generated an environment plagued by uncertainty for Canadian utilities in 2018. The murky fate of NAFTA and ...

Toronto-based Hydro One — the privatized and rebranded Ontario Hydro — remains the province's biggest electricity provider for farming customers. NPEI serves residential and business customers in Niagara Falls, the towns of Lincoln and Pelham and the township of West Lincoln, all of which jointly own ...

Ontario Premier Kathleen Wynne waits for Gov.Gen. Julie Payette outside the Ontario Legislature in Toronto on Tuesday, February 20, 2018. Ontario Power Generation executives, a pair of hospital CEOs, and the president of a corporation that manages investments for a university are amongst the highest ...

Asked about Ontario's hydro prices, Sharma says, as a society, we've chosen to shut down coal and in return, there is some added cost our electricity, but he wouldn't speak to the politics surrounding the soaring costs. “I cannot control the political side of the price, but I can give [my customers] the tools to ...

On April 20, 1975, the feisty eight-year-old chestnut gelding broke his own Flamboro record to cap an “official” Flamboro Downs opening night. Ted worked almost 40 years for Ontario Hydro. He was a passionate community builder, an athlete and sportsman, generous with his time, talents and resources.

The Ontario Hydro First Nations Delivery Credit took effect in August 2017, which eliminated delivery charges to consumers living on-reserve. Both Premier Wynne and her Minister of Indigenous Relations and Reconciliation, David Zimmer has been consistent in meeting with First Nations leadership.

MANITOULIN—It appears as though telephone, Internet and cable service costs to customers in Ontario could be increasing significantly if Ontario Hydro has its way, says Algoma-Manitoulin MPP Michael Mantha. “Basically, because of the Hydro One privatized system in Ontario it is being proposed that all ...

After nearly 15 years in power, Rickford describes the Liberal government as “on life-support” citing examples of scandals and mismanagement on files ranging from Ontario Hydro, eHealth, to energy, gas plants, public sector executive salaries and job losses in manufacturing. “This was the province that ...

If we discount the sins of the father visited upon the sons, what's the big thing everyone should hate Wynne for, other than being too left to be a proper Conservative and too right to be a proper Progressive? What should Ontarians be most angry at? The sell-off of Ontario Hydro. Whatever else she may have ...

In December 2016, Peterborough City Council decided to accept the offer from Hydro One, despite strong opposition from members of the community. Shortly after the City of Peterborough issued its media release, Ontario Hydro issued a similar release that also provides few details on why the negotiations ...

Rick Salutin is trying to understand why Kathleen Wynne is despised when she's done many things right. Selling Hydro One left a bitter taste people cannot shake. "Ontario Hydro was a public undertaking funded by the public that returned benefits to all," writes Rick Salutin. "You can't sell it, you can only ...

I spent the first 5 years of my 41 years in the industry there. I worked with some of the most technically excellent engineers I have ever encountered and got training on equipment and power plants that I have yet to see surpassed... especially in this day and age. Of course that's when it was "Ontario Hydro".

As described in the Updated Analysis of the Partial Sale of Hydro One report, approximately half of the proceeds from the sale of Hydro One are being applied to reduce debt associated with the former Ontario Hydro; the other half is to be used to fund infrastructure spending. Based on its own analysis, the ...

As described in the Updated Analysis of the Partial Sale of Hydro One report, approximately half of the proceeds from the sale of Hydro One are being applied to reduce debt associated with the former Ontario Hydro; the other half is to be used to fund infrastructure spending. Based on its own analysis, the ...

The Peterborough resident notes Ontario's hydro used to be abundant and cheap, but that changed under the Liberals. “Look at it now, it's a mess,” he says. He's also supporting Ford's campaign promise to reverse Ontario's new sex ed curriculum, saying that most kids already know about LGBTQ+ issues.

ONTARIO—Ontario Premier Kathleen Wynne's reckless 'fire sale' of Hydro One will continue to make life harder for Ontario families, according to the Ontario Tories, citing Ontario's Financial Accountability Officer (FAO). “Since day one the Ontario PC's have opposed Kathleen Wynne's sale of Hydro One,” ...

Hydro One Ltd. topped expectations as it reported its fourth-quarter profit was up more than 20 per cent compared with a year ago. The parent company of Ontario's largest electricity transmission and distribution utility says it earned a profit attributable to common shareholders of $155 million or 26 cents per ...

TORONTO -- Taxpayers would have saved $1.8 billion if the Ontario government had taken on traditional debt to fund infrastructure projects instead of partially privatizing Hydro One to pay for the work, the province's fiscal watchdog said Monday. In a report that examined the Liberal government's sale of ...

All First Nations communities in Ontario have bought into the Dis-mantling of ALL Our Birthright, Ontario Hydro. They have $mart Meter$ on Reserves just like everyone else. Peak Rate @ 0.18 cents a Kw is 353% above our Base Rate Pre-Smart Meters. Ontario completes sale of Hydro One shares to First ...

(Hydro means water.) It's our bloodstream. It's a social necessity. Ontario Hydro was a public undertaking funded by the public that returned benefits to all. You can't sell it, you can only swipe it and hand it over, as Wynne did. The buyers won't do anything to improve it; they'll just squeeze it to extract profits.