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How Doug Ford upgraded Hydro One’s ‘Six Million Dollar Man’ to a $150 million mess

Martin Regg Cohn writing for The Star:

Second, Ford’s intervention caused catastrophic harm to the utility’s takeover of U.S.-based Avista Corp., because local state regulators concluded that the Ontario government was calling the shots rather than Hydro One management. When they overruled the transaction, it triggered a “kill fee” that cost Hydro One about $139 million, on top of Schmidt’s severance