CUPE Ontario alleges Liberals have contravened securities laws by eliminating board’s role in Hydro One sale

TORONTO, ON – The Liberal government has sidelined the Hydro One board of directors in advance of the proposed sell-off of this public asset, according to a letter sent to the Ontario Securities Commission (OSC) on behalf of CUPE (Canadian Union of Public Employees) Ontario. The letter charges that the Ontario government’s move contravenes securities…

Public control, oversight of Hydro One ends with Bill 91, sale unlikely to produce promised revenue, legal experts say

  TORONTO, ON – If the Liberal government passes its budget omnibus bill, Hydro One will no longer be public and we won’t even be able to learn details of its sale, according to two prominent legal experts. In fact, the sale won’t even produce promised revenue for infrastructure. “In short, Bill 91 doesn’t do…