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Mining industry is speaking out against Hydro One sale

A Northern Ontario MPP is asking the province to come clean about what the Hydro One sell off means for the mining sector. MPP for Algoma-Manitoulin, Michael Mantha, says that mining companies are warning that hydro prices are threatening their exploration and operations. He says the industry is unanimous about being worried over the sale. He says they haven’t been consulted, and costs are expected to go up tens of millions of dollars.

Mantha also says that may mean the companies pull out of Ontario, taking good jobs with them. He says the government is content to sit on the sidelines and watch as the province loses work.

Minister of Northern Development and Mines, Michael Gravelle, says Ontario is working closely with the industry to find the best way to reduce costs, and new mines are opening up as a result.

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