UPDATE 09/14/16: After the Ontario Government’s throne speech on Monday and news of the changes to the Liberal’s plans, the opposition parties say they’d like to know where the Liberals will find the money to pay for the promises they’ve now made. In addition to removing the 8% HST from hydro bills, they also have plans to create 100-thousand more licensed child-care spaces for children aged 4 and under. The removal of the HST from hydro bills alone is expected to cost taxpayers about $1 billion per year, which leaves the opposition parties thinking that the numbers don’t add up.
The Liberal government’s plan to remove the provincial portion of the sales tax from hydro bills was announced in yesterday’s throne speech by Premier Kathleen Wynne. The Liberals announced that Ontario’s 8% portion of the HST will be removed from electricity bills starting in January. They say that the HST cut will save the average Ontario household about $130 per year, and the Energy Minister added that there will be additional savings for rural ratepayers who will save about 20% on their bills.
PC Leader, Patrick Brown says that the plan is a temporary solution and that the Liberal government ignored years of complaints about rising electricity rates. Brown thinks that the Liberals are now taking action after losing the Scarborough-Rouge River riding in this month’s byelection.