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The implications of capping Hydro One salaries and cancelling a wind farm

Wednesday, July 25, 2018 @ 8:49 AM | By Caroline Jageman

On July 16, 2018, the Ontario government tabled Bill 2, the Urgent Priorities Act. This bill targets two energy companies to cause two very specific actions: 1) To give the province significant authority over executive compensation at Hydro One; and 2) To terminate the White Pines Wind Project. (The third part of the bill relates to ending the strike at York University which I do not discuss in this article.)

Executive compensation at Hydro One

Following the resignation of Mayo Schmidt, the CEO of Hydro One, and...