Samsung contract could have been cancelled saving billions, say PCs
The Ontario PC Opposition says that the Ontario government could have used an “out” clause in its green energy contract with the Korean consortium including Samsung, that would have saved billions.
Photo: Toronto Sun
PC Finance critic says documents revealed during the gas plant cancellation inquiry shows that Samsung had missed several important deadlines which meant the government could have cancelled the contracts, saving over $5 billion.
Worse, said Fedeli in the Toronto Sun report, bureaucrats advised the government that the power contracted for in the agreement.
The Wynne government said it “won’t be distracted” by the accusations made by Mr Fedeli.
Read the full story in the Toronto Sun, here. http://www.torontosun.com/2016/05/19/liberals-left-15-billion-on-the-table-pcs