Power workers to benefit from Hydro One sale

The liberal government’s hoping that the sale of 60 per cent of the Hydro One power company can be sweetened by giving workers a raise together with cash and shares.

The liberal government’s hoping that the sale of 60 per cent of the Hydro One power company can be sweetened by giving workers a raise together with cash and shares. Employees of Hydro One and Ontario Power Generation would receive a 3 per cent raise increase over three years, cash equivalent to 3 per cent of their salary and shares equivalent to 2.75 per cent of their salary every year for 15 years. The proposal is part of a deal being worked out with the Power Workers’ Union. 
 

LATEST NEWS