22 Replies to “Ford Country”

  1. Promises Made, Promises Kept.

    Sounds a lot like that Orange Haired Godzilla that is raging through NATO and Brussels today.

  2. Good.

    Next board should include at least some ordinary citizens on it. Those who actually pay hydro bills out of modest incomes. You know, those folks. They call them “customers” in the private sector. Put some of them on the board.

  3. As a Hydro One shareholder this is largely pointless, the baying of the know-nothing media notwithstanding. Still a very good company with good assets. Stock is already bouncing back after an initial plunge, which was stupid in the first place, and should be back above $20 in short order.

    Still, important to note that the price of power for Ontarians has way more to do with their terrible Liberal governments than Hydro One or its directors. I know everyone loves Ford but this isn’t really about power prices – it’s mostly about the government getting a management team of its cronies instead of the Liberals’ cronies….

    1. “I know everyone loves Ford but this isn’t really about power prices – it’s mostly about the government getting a management team of its cronies instead of the Liberals’ cronies…”

      No, it’s about making an example “pour encourager les autres”.

      The upside of being the CEO is a handsome remuneration package. The downside is that you become the very first in line for the guillotine when the love affair goes sour.

  4. The great part is that the left and the political power elite figured they had it in the bag when they pulled the hatchet job on Patrick brown.

    Somehow that super smart set didn’t war game A DOUG ford outcome in.

    Things are just getting started.

    If Kennedy can get a majority next year there will be hope.

    Sadly Trudeau may have already bought the next election with equalization – but if ford can get a good head of steam going maybe enough Ontario voters can stop the libs at Gatineau.

  5. Energy sources are major input costs for every human activity in the entire economy; the cheaper those costs are the better for everybody all around. Why the LOSING LIEberals couldn’t figure that out, only beggars the imagination.
    But then they were well on their way to making Ontario residents beggars themselves. I trust they find themselves in opposition for at least a generation.

    Doug Ford on a roll, and he is exactly right low hydro rates and elimination of the carbon tax; those two will actually go a long way to make OntariOWE a driver in confederation rather than making it a net lag on the nation.

    How they managed the massive screw up on the coal plant shut down (2BILLION !); I should say the Hydro One board deserved their walking papers without another blessed severance package.

    If your economy has any hope of recovery, after the outright jackassery endured by Ontario residents, you are only going to do it with CHEAP ENERGY SOURCES, electrical, clean coal, nuclear, oil and gas.

    Cheers
    Hans Rupprecht, Commander in Chief
    1st Saint Nicolaas Army
    Army Group ‘True North’

  6. So when are they going to prison and when are their assets being auctioned off to recover the money they stole from Ontarians?

    Because these are criminals, made men in the Librano mob. Treat them like criminals. Throw them in jail, throw away the key, and take every cent they have in the world. Make it plain as day that the Libranos are gone and that crime no longer pays in Ontario.

    1. I suspect this is the deal Ford made with them. Leave now and peacefully (no golden parachute) or you’ll be tied up with forensic auditors and lawyers harassing you for the next 2 years.

      Ford can still investigate Hydro One, but focus on the political side and have the cooperation of the dismissed board (to save their own hides).

  7. I wonder if electing politicians that have some respect for taxpayers is a passing fad or if it’s here to stay?

    Fingers crossed.

  8. Light cannot escape a black hole. The Liberals or NDP will be back in relatively short order, and the destruction will be final.

    p.s. guess who holds their debt? We do. Canadians hold both the bonds on the debt and the debt itself. Double whammy, no win situation.

    1. Not quite. Ontario taxpayers owe the money. The bonds are held by banks, the Chinese and government pension plans. Tell them all where to shove their theft bonds.

      When once-spoiled government employees have to sell their fully-paid-off houses—paid off with our money— because Queen’s Park told them to go ask the Libranos for their pensions and they have no other assets, maybe people who work for a living will be able to afford homes in Toronto fit to raise a family in. May they all die destitute in unheated bedsits in the most diverse and vibrant neighbourhoods in the city, and be buried without ceremony in paupers’ graves. Give them what they deserve—nothing but the contempt of all decent people.

  9. NEXT BUREAUCRACY TO SHUT DOWN..IS THE ONTARIO COLLEGE OF TRADES!!!!!!!!!!!!!!!!!!!!!!!!!!!

  12. A nothing burger. Window dressing.

    Last time it was Mike Harris or maybe Erie Eves who fired the Hydro CEO and board. Reckless spending/renumeration was the issue then same as it is now.

    If Ford wants to make a statement go after the public service unions and the teachers. Ain’t happening.

    1. I hear you. Confiscating the Ontario Teachers’ Pension Fund—funded with money all stolen from the Ontario taxpayer—could cut Ontario’s debt by more than half and pay for real tax relief.

      The most the rest of us can look forward to in our golden years is living on the kindness of our children or the Salvation Army, our only asset a house we can’t sell at any price, either half an hour’s drive from the nearest store in the car the province will no longer let us drive, or in a suburb quickly degenerating into a Muslim slum. What’s the teachers’ excuse?

      1. What’s the teachers’ excuse?

        “Because we deserve it.”

        I’m not so sure that the teachers union pension plans are such a great deal. When I was a post-secondary instructor, I was required to contribute part of my salary to the institution’s plan, which, as I recall, was run by the provincial government. I had no say in how my contributions were invested nor did I know what they were being invested in.

        When I quit my teaching job, one of the first things I did was to transfer my contributions over to my broker who, in turn, put it into a self-directed locked-in plan. I had complete control over the assets. I could buy or sell whatever stocks I wanted to, but I was restricted as to how much money I could withdraw and when I could do it.

        I’m sure I made more money after transferring the plan over to my broker than if I would have had I left it with the government’s financial managers. Then again, I’d been investing in the stock market for more than 15 years when I quit, so I had some idea of what I was doing.

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