queensparkPrepare for a big jump in your hydro bill, according to Timmins-James Bay MPP Gilles Bisson.

He says with Wednesday’s passing of the Ontario budget, the Liberals are able to sell off 60% of Hydro One.

With that, provincial watchdogs have signed off saying they will no longer have oversight on the utility.  It will also leave the public in the dark on future decisions.

“The minute that you take out oversight of Hydro One, and don’t give the officers of the house the ability to review decisions, it’s really putting a bad situation worse,” Bisson said.

He adds that the people making money are all on Bay Street, adding it’s going “to lead to the Liberals doing what’s good for the Liberal party, but is not going to serve the interests of the people of Ontario.”

The government hopes to raise $9-billion, and use the money to pay down hydro debt and invest in public transit and infrastructure projects.

Premier Kathleen Wynne says it was a difficult decision, but the right one.

Bisson made mention of Xstrata Copper, who left town because of high energy costs.  It’s a problem that’s hit home all across the province, with one company after another leaving.

“Premier (Kathleen) Wynne said she was a big, progressive person, (and) was going to save Ontario from the bad old Dalton McGuinty days is now putting into accelerated overdrive by privatizing Hydro One,” he said.

“This is really not good stuff.”

Bisson says the NDP will continue to fight the sale all across Ontario, and continue to put pressure on the province.