Ontario's Liberal government is keeping key information about a $224-million loan to a troubled real estate project in downtown Toronto from the public and from a legislative committee, the opposition parties charged Monday.
The Liquor Control Board, Ontario Power Generation and Hydro One should all remain in public hands, but Hydro One should get out of the local distribution business, a special government advisory panel said Friday.
Ontario's Liberal government changed infrastructure loan criteria so a research real estate project could qualify for a loan -- which it ultimately received to the tune of $224 million and has not been able to repay, a legislative committee heard Wednesday.
Ontario Premier Kathleen Wynne will be going on a trade mission to China later this month, an announcement that comes amid pro-democracy protests in Hong Kong that the Chinese government has declared illegal.
Higher taxes or further spending cuts will likely be needed if Ontario's Liberal government is to keep its promise of balancing the books in three years, the Conference Board of Canada said in a report Thursday.