The Tory’s finance critic says it might sound bizarre, but your hydro bill will be even more expensive despite the Liberal plan to rebate the provincial portion of the HST. MPP Vic Fedeli says the Liberals’ hydro rebate works out to about one billion dollars a year. But Fedeli says the rebate will leave the Liberals a billion dollars short for program spending; he says there’s only one way for them to make up the difference and it triggers a double whammy for taxpayers. Fedeli says if the Liberals want to truly address the problem of energy costs, they should stop handing out generating contracts for power we don’t need, and must then sell at a loss to Quebec and the United States.
