TORONTO, Sept. 29, 2011 /CNW/ - New Democrat Leader Andrea Horwath sent
a letter to Ontario's Auditor General this morning concerning decisions
around gas-fired electricity plants in Mississauga and Oakville.
The text is as follows:
Office of the Auditor General of Ontario
20 Dundas Street West, 15th Floor
To the Auditor General,
During the election campaign a debate has erupted over Liberal Leader
Dalton McGuinty's plans to cancel construction of a gas fired
electricity plant in Mississauga.
This commitment comes after the government cancelled a similar contract
Clearly, both decisions carry fiscal risks with potential impacts on
ratepayers and/or the fiscal position of the province. The lack of
disclosure has left the public in the dark on the possible costs
associated with these decisions.
Estimates in some reports have indicated that cancellation costs could
reach $1 billion ("Killing gas-fired power plants could cost $1B",
Toronto Star, September 26, 2011).
In 2004, the Legislature passed the Fiscal Transparency and
Accountability Act with the aim of ensuring all parties, and all
Ontarians, would have a full sense of the province's fiscal challenges.
The Minister of Finance stated at the time, "We owe a duty to our
shareholders, the 12.5 million people who rely on us for quality public
services. We have a duty to them to report honestly, thoroughly and
completely what the circumstances of their government are." (Hansard,
October 27, 2004).
Given the potential costs of the cancellation or re-location of these
projects, and the current Premier's unwillingness to share any
information about these potential costs which could affect the
province's finances or electricity ratepayers, I'm calling on your
office to review the contract and these risks, and I urge Mr. McGuinty
and Mr. Hudak to support this independent review.
Leader, Ontario New Democrats
SOURCE New Democratic Party of Ontario
For further information:
Media inquiries: Marion Nader 647-459-8851