Coming Up, and Up, and Up

I tried to think of what I could say about Ontario Hydro that was simultaneously bad enough, and wouldn't get me into trouble with either the law or my Mother (who reads my blog regularly in order to keep me alive and out of court), but came up blank. On second thoughts, make that just the law, my Mom could probably think of her own things to say on the subject of Ontario Hydro worse than any insult I could dream up.

Over 10,000 people make more than $100,000 a year, including CEO of Ontario Power Generation who made $2.15 million and his successor who made $1 million, as well as $975,000 for the CEO of Hydro One. Meanwhile Hydro has doubled since 2003. And thanks to renewables and George Smitherman, not likely to go down. Margaret Wente suggests that anger over this could bring down the Ontario Liberals. Why not? Do you know anyone who doesn't hate Ontario Hydro? Anyone? Anyone? (Hydro employees are NOT invited to stuff the vote on this one)

And my economics textbook tried to tell me that electrical companies are examples of monopolies that don't exploit people.