05 April 2007

Got too much money?

Don't worry... Dalton McGuinty and the Ontario Liberal Party have got that covered.
-- TORONTO -- The Ontario government has agreed to pay 44 per cent above market rates to buy electricity from idled nuclear reactors on Lake Huron that will be refurbished, the provincial auditor says in a report unveiled today.

At the time, then-Energy Minister Donna Cansfield pledged that Bruce Power would bear the entire $4.25 billion capital cost of upgrading the reactors.
Promise made... promise broken.
She made no mention of the fact that electricity consumers will be responsible for a portion of any cost overruns, raising questions from Day One about the extent to which consumers could be on the hook.
Hell... it's only money.

What's another 4.25 billion... to a Fiberal.

RELATED: Hmmm... that sounds awfully familiar.

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