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Energy rate hike back on table in Ontario

from The Globe and Mail

Ontario's energy regulator will have to reconsider a bid by Ontario Power Generation to hike the price of electricity. The OPG, the government-owned company that produces most of the province's power, proposed a 6.5 per cent increase in rates in 2010. The firm argued that it needed the money to cover operating costs, including an arbitrator-imposed contract that gave the OPG's white collar employees a six per cent pay bump. more

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