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Ontario hydro rate rebate won’t be cut

CBC News
February 23, 2012

Electricity ratepayers in Ontario will not lose the 10 per cent rebates the Liberal government introduced to offset soaring hydro bills, according to the premier.

One of the recommendations from economist Don Drummond to help the province get out of deficit was ending the energy rebates introduced last year.

Dalton McGuinty says there’s a huge cost associated with rebuilding Ontario’s aging power grid and the government wants to provide some assistance.

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