Ontario Premier Doug Ford, seen in a Jan. 16, 2020, file photo, says an expert group is currently working on solutions to bring down hydro rates.Cole Burston/The Canadian Press
Ontario Premier Doug Ford says he intends to keep a campaign promise to lower hydro rates by 12 per cent.
Ford says an expert group is currently working on solutions to bring down hydro rates, a key promise he made during the 2018 election.
The premier says details of the government’s new plan will be announced in the coming weeks.
The government had budgeted $4-billion for the 2019-2020 fiscal year to keep hydro prices stable.
But in January, the province’s finance minister said the government had spent an additional $1.6-billion to achieve that goal.
Ford blamed the previous Liberal government’s policies for driving up the cost of electricity in Ontario.
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