Skip to Content

But instead of prices going down, they skyrocketed — increasing a-250-fold at one point. Why? Years of artificially suppressed electricity prices, massive nuclear debts, and U.S. trading partners that paid far more for electricity than Ontario. It turned out that no one wanted to pay the “fair market price” of electricity after all. And, just as the NDP before them, Conservatives quickly shut down competition and froze electricity rates.