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|    ont.politics    |    Ontario politics    |    90,757 messages    |
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|    Message 89,893 of 90,757    |
|    M.I.Wakefield to TomP    |
|    Re: *BOOM* *BOOM* *BOOM* *BOOM*    |
|    11 Jul 18 22:03:57    |
      XPost: can.politics       From: none@present.com              "TomP" wrote in message news:pi67bk$pgj$1@adenine.netfront.net...              > On 11/07/2018 5:20 PM, M.I.Wakefield wrote:       > > Ford ousts Hydro One boss and the utility’s board of directors       > >       > > Premier Doug Ford has zapped the Hydro One boss he dubbed “the $6       > > million dollar man” without an expected $10.7 million severance payment       > > and replacing the company’s board of directors.       > >       > > Chief executive officer Mayo Schmidt, whom Ford promised to fire during       > > the June 7 election campaign over his $6.2 million in annual       > > compensation, is taking “retirement” with a $400,000 lump sum, Hydro       One       > > said in a statement Wednesday.       > >       > > https://www.thestar.com/news/queenspark/2018/07/11/ford-movi       g-to-fire-hydro-ones-board-of-directors.html       >              > I watched that news conference when Ford made the announcement that he had       > terminated the board. A reporter pointed out that by terminating the board       > he may have cut 1 cent from people's hydro bills, and then he asked how       > this action will reduce hydro bills. Ford had stated that he was going to       > reduce hydro bills by 12% but could not provide any details. He couldn't       > answer that question at all! It was like he was still in campaign mode.              Next up, a new board, new senior management, and the cancellation of all       those "green" energy contracts that had us paying 20% of the money for 4% of       the electricity.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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