(Queen’s Park) Ontario PC Energy Critic John Yakabuski put forward a motion that would require the government to open up the secret $7 billion Samsung deal and disclose the details of the agreement. Despite the McGuinty Liberals talk of accountability and transparency they voted to keep the details of the deal hidden rather than allowing it to be examined for its long-term impact on business and Ontario families who will end up paying for it.
“The Samsung deal was perfectly in keeping with this government’s and this Ministry’s completely irresponsible handling of Ontario’s energy system.” Yakabuski said.
When the McGuinty Liberals announced the Samsung deal last January, even Members of the McGuinty cabinet were infuriated.
“The government surprised the public, the entire energy sector and even their own cabinet by signing this secret deal with Samsung.” Yakabuski said.
Despite the government’s lack of disclosure, the Premier was forced to admit that the deal contained no job guarantees despite a $437 million subsidy.
According to a column by Randall Denley in the Ottawa Citizen of Jan. 24, 2010, the jobs claimed by the McGuinty government in the Samsung deal will cost $300,000 each in public subsidies.