Will privatizing Hydro One jack up your hydro bill?  The NDP think so.

Timmins-James Bay MPP Gilles Bisson says the idea to sell off 60 per cent of the utility to raise money for a subway in Toronto is the wrong way to go about this.

“This is the first time they’ve done something like this.  The government has always borrowed the money at two per cent interest and payed for large infrastructure projects that way.”

“We’re already paying too much for electricity.  The government’s latest proposal is going to drive the prices higher than they already are.”

Hydro bill in Ontario are spiking more than 30 per cent in the next three years.  Bisson says this is what the Conservatives wanted to the when they were in power but chickened out.  he says the Tories are very happy to get this done without having to put in the work.