RE:PC platform language regarding HydroOnesunshineJohnny wrote: https://www.ontariopc.ca/clean_up_the_hydro_mess_petition?gclid=CjwKCAjw8_nXBRAiEiwAXWe2yRyWrM6JsWpg_4rmFJ1GDDo87bFlmie442Q5hspjfA5OObyLsOsbMxoCTeoQAvD_BwE
- We'll return all Hydro One dividends to hydro customers — saving the average family 4.7% on their hydro bills.
Notice the reference to dividends. Aside from the fact that dividends are already being returned to the provincial government (duh), their reference to them implies that they will remain a share holder of a publically traded company. As such, their interests will be as a shareholder, i.e. max growth, max div, etc.
GLTA.
I'm not so sure that reference implies that. I believe when Hydro One was still fully owned by the Ontario government they were still paying a dividend to the government. Just like the LCBO pays a dividend to the government. Having said that, I still think this is a reasonable investment. Sure there is uncertainty but if the government wants to buy them back they will have to, like any other public offer, offer a premium to the current price. What that premium would be remains to be seen.
Cheers.