Finally – the Globe and Mail gets it!
The Globe and Mail, Editorial
In politics, as we wrote Wednesday, people get upset about the little things. Remember Bev Oda’s $16 glass of orange juice? In the context of a 12-figure federal budget, or ministerial trips justifiably running into the tens of thousands of dollars, some overpriced OJ hardly mattered. And yet it galled. Small misdeeds are relatable. A big, complicated and massively costly government screw-up, in contrast, sometimes leaves people cold.
Let’s see if this warms you up. On Wednesday, Ontario’s Auditor-General announced that, between 2006 and 2014, thanks to incompetence and mismanagement on the part of the province’s Liberal government, Ontarians overpaid for electricity to the tune of $37-billion. And over the next 18 years, consumers will be overpaying to the tune of another $133-billion.
Let’s try to put those numbers in context. Electricity overpriced by $170-billion is equivalent to $12,326 in excess costs for every man, woman and child in Ontario. Over 27 years, that averages out to $457 per person, per year. According to Statistics Canada, the average Ontario household has 2.6 people, so for the typical family, we’re talking about a power utility bill roughly $1,188 higher than it should be – every year. Read article