Samsung deal will spark election
The Toronto Sun
August 8, 2011
Stung by constant attacks that he blew it on the $7-billion secret “sweetheart” deal he signed with South Korea’s Samsung Group to generate 2,500 megawatts in green power, Premier Dalton McGuinty has given it another shot.
While McGuinty says the new deal shines brightly for taxpayers, chopping $327 million in potential payments to Samsung, while still generating 16,000 jobs and generating a $7-billion investment in the province in a bid to make Ontario a green jobs hub, it’s not a crystal clear win.