While we are cautiously optimistic about the sale, there are details that have yet to be determined. The OCC and the Chamber Network are concerned that it could adversely affect the cost of doing business in the province, including adding to the rising price of electricity. As such, we are seeking clarity from government on how the sale will impact electricity prices.
The OCC has drafted a letter requesting evidence that the sale of a portion of Hydro One will not directly impact electricity prices in the future. We will keep you updated!