12:11:33 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Hydro One Ltd
Symbol H
Shares Issued 595,000,000
Close 2017-03-28 C$ 24.05
Market Cap C$ 14,309,750,000
Recent Sedar Documents

FP/CP say opposition to Hydro One sale has not waned

2017-03-29 08:44 ET - In the News

The National Post reports in its Wednesday edition that more than a year before Ontario's Liberal government announced in 2015 that it would partially privatize Hydro One, polling it commissioned showed strong opposition to the idea. A Canadian Press dispatch to the Post reports that opposition has not waned, with a large majority of respondents saying they are against the sale in polling conducted from early 2014 to the present. Pollara conducted research at the government's behest in January and February of 2014 asking people for their thoughts on selling Hydro One, the LCBO, Ontario Power Generation, Ontario Lottery and Gaming, and even eHealth. The general response was not to do it. The research said: "Most Ontarians would not support the provincial government selling a controlling interest in any of the five Crown corporations tested. Approximately one-half oppose any sale at all, while a further 17 to 27 per cent would only support the sale of a minority of shares." Just 25 per cent of respondents supported selling Hydro One. Slightly more were in favour of selling the LCBO, with 30-per-cent support, while about 20 per cent said they were in favour of selling the other three Crown agencies.

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