Tag Archives: Hydro One exec payout

Doug Ford has blocked an NDP move to reveal his deal with the Hydro One CEO and board, and make public how many millions he arranged for them to be paid.   In question period on Tuesday, Official Opposition Leader Andrea Horwath demanded answers after Ford time-allocated Bill 2, cancelling committee hearings, amendments and any chance for the public to ...

NDP Finance critic John Vanthof demanded to know why Doug Ford is supporting the privatization of Hydro One after a report from the legislature’s independent Financial Accountability Officer showed adopting  Kathleen Wynne’s hydro plan, as Ford has decided to do, will add billions more to hydro bills and the deficit.   “Privatization of Hydro One is a waste. It was ...

Ontario has nominated Thomas D. (Tom) Woods as the first of its four nominees for the new Board of Directors at Hydro One. Mr. Woods has extensive experience in governance, banking and finance. He is a Board Member of Bank of America Corporation, Alberta Investment Management Corporation (AIMCo), Providence St. Joseph’s St. Michael’s Health Care (Board Chair) and CIBC Children’s ...

Leader of the Official Opposition Andrea Horwath said Tuesday that any claim that the Ford government makes about transparency at Hydro One under Bill 2 is meaningless unless it includes full disclosure of all payments to outgoing Hydro One executives and board members, and called for an amendment to Bill 2 to accomplish that. “Mr. Ford must immediately tell the ...