Ontario is considering selling a small percentage of the electricity network firm Hydro One with an IPO that could raise more than $1 billion.
Ontario is considering selling a small percentage of the electricity network firm Hydro One with an IPO that could raise more than $1 billion. The Globe & Mail reports that premier Kathleen Wynne is thinking about offering around 10 to 15 per cent of the Crown corporation for sale as a public listing. The sale would provide funds for Ontario’s promised infrastructure and transit projects. Read the full story.
