Are we paying HST on hydro's deb
Posted in the Georgetown Forum
North Bay, Canada
#1 May 14, 2013
Peter R. Scott's guest editorial addressed to the Hon. Brad Duguid, Minister of Energy and Infrastructure regarding the Ontario Energy Debt Retirement charge that appears on his monthly Hydro One invoice last week sparked some comment from at least one reader, along with some additional interesting information.
Scott questioned the fact the Liberal party of Ontario was often referred to as the party of the people, especially in light of the fact that his monthly energy invoice - especially the debt retirement portion - was so obtuse as to be almost indecipherable. In fact, Scott said he was unable to determine the total debt retirement debt or the the date the debt would be satisfied.
Scott made it clear he felt no Ontarian should be required to pay a debt until they know the full amount of that debt and the exact time it would be paid off.
In trying to discover these two items, Scott indicated he had more than a little difficulty getting uptodate numbers.
"I contacted the Ministry of Revenue Aug. 13 regarding my concerns over the DRC. I was informed that the most recent calculation available to the public is from March 2009. The total debts and liabilities at that time equalled $30.5 billion. Mr. Duguid, even I'm smart enough to figure out why your government does not want the total DRC amount to be included in monthly energy bills - it makes for bad government public relations. non-governing parties in Ontario should be demanding this of your party. All this leaves me feeling like hard working Ontarians are being hoodwinked on this issue. This is simply not fair. It would seem that your government is covering the real cost of energy production - past and present - in Ontario through the DRC.
Having said that Mr. Duguid, can you promise me and other hard working Ontarians that you will make every effort to address my concerns herein and work with your government colleagues in the legislature to ensure that energy users in Ontario who are expected to ante up see the following information on their monthly energy invoices: the balance of the DRC debt - month over month and a clear end date?
Finally, I would like to take this opportunity to remind you that a provincial election is on the horizon and I fully expect that all members of the Ontario Legislature, including incumbent Liberals, will be heavily questioned on all issues to do with energy supply, cost and security. I, for one, can promise you that I will be present on the campaign trail asking for clarification on the issues mentioned above. I also plan to mention the DRC at every opportunity."
"In closing, please remember that Ontarians look to our government for various types of protection; health, legal and consumer - to name a few. Unfortunately, at this time, I feel Ontario consumers and hard working families are not being protected and properly informed on this issue," Scott stated.
Our caller had uncovered an even more alarming fact.
"We're actually paying the Harmonized Sales Tax on the debt reduction," he said. "On my bill, I paid just under seven dollars in HST," he said. "that's just outrageous."
The irate reader said everybody has to really start to get on this government's case.
"We can't keep letting them gouge us," he said.
Then he came up with even more startling information.
"Did you know that their allowed to keep borrowing while we keep paying the debt," he asked.
"I'd like to know how anybody can justify a tax on a debt," he said.
And we'd like to know how anybody can pay off a $30.5 billion debt while the debt is still building?
We suspect it can't be done and - even if it did happen - how would we know for sure?
North Bay, Canada
#2 May 14, 2013
we pay 16 million for Halton Hills Hydro up in Acton
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