Tag Archives: Liberal government

Premier Kathleen Wynne to drop hydro rates 17% Business,News,Politics,Uncategorized

Ontario’s will be seeing relief from high hydro bills following a decade of steadily increasing rates and the Liberals’ steady decline in approval ratings.

Ontario Premier Kathleen Wynne announced a new plan Thursday morning that will reduce hydro rates by about 17% on the average bill.

That’s on top of the 8% reduction announced at the beginning of the year, making rates drop by a total of 25% on average.

Wynne said the rate relief strategy—which will kick in this summer—is built to last.

Liberals close tax loopholes for foreign buyers Business,News,Politics

By: Hunter Crowther The Trudeau government is introducing new regulations to stunt foreign investors from over-inflating the housing market and make sure Canadians can afford the mortgages they sign. Finance Minister Bill Morneau made the announcement in a speech in Toronto on Monday. Morneau said the new measures are designed to safeguard Canadians from a potential

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