The CEO Of Hydro One Is Out – Full Wrap On Day One Of The Ford Government

Yesterday was a busy day at Queen’s Park as the new Ontario government took their seats in the legislature for the first time. Here is a wrap on yesterday’s developments.

The CEO and Board at Hydro One Resign: 

The $6 Million Dollar man is out and Premiere Doug Ford calls it a great day for Ontario. Yesterday Ford announced the immediate retirement of the CEO of Hydro One and the resignation of its entire board of directors. that CEO is not getting his massive $10 million dollar severance. He is taking $400,000. Ford says the savings will help him fulfill another campaign promise, to lower hydro rates by 12%. A new 10-member board of directors for Hydro One will be selected by August 15th. NDP energy critic Peter Tabuns says the departure of Hydro One CEO Mayo Schmidt raises a number of questions. Tabuns is demanding that the PC government release specific details of the deal reached with Schmidt.

New Speaker of the House:

Yesterday the legislature elected long time Conservative MPP Ted Arnott as the Speaker of the House. He is the MPP for Wellington-Halton Hills.

Throne Speech:

Today the Ontario legislature begins a rare summer session with the traditional speech from the throne.  There will be a 15-gun salute outside the legislature so don’t be alarmed if you hear gunshots downtown.  The speech is expected to highlight several of Premier Doug Ford’s campaign promises, including scrapping Ontario’s cap-and-trade system. Other priorities previously outlined include ending the strike at York University and cancelling a wind power project in Eastern Ontario. Tory house leader Todd Smith has said the issues are time sensitive and cannot wait until the fall, when the house normally returns.

Sex-Ed Curriculum:  

Education Minister Lisa Thompson says the new school year will see children taught an older version of the Ontario sex-ed curriculum. The previous Liberal government had brought in an updated sex-ed curriculum in 2015 but it sparked controversy, particularly among social conservatives. It was the first time the curriculum had been updated since 1998 and included warnings about online bullying and sexting. However, those who spoke against it focused on discussions of same-sex marriage, gender identity and masturbation.

Story credits: The Canadian Press

Photo Credit: City News via YouTube screenshot


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Scott Fox
Scott Fox