Spiking Ontario Gas Plants to Cost $1 Billion

摘要

The scrapping of two gas-fired power plants near Toronto for political purposes a couple of years ago could end up costing Ontario taxpayers as much as C$1.1 billion (US$1.06 billion) — as well as possibly ending the political career of neophyte Premier Kathleen Wynne, who inherited the scandal from her Liberal predecessor, Dalton McGuinty, who was forced from office because of the scandal. A report released last week by the province's financial watchdog included the surprisingly high cost of canceling contracts for the proposed gas-powered plants in the two bedroom communities close to Toronto, Oakville and Mississauga.