6/7/18, "Ford's Conservatives Win Ontario Vote on Populist Message," Bloomberg, Josh Wingrove
(subhead): "Carbon policy"
"[Ontario, Canada Premier-elect Doug] Ford also pledged to scrap the province’s cap-and-trade program to
reduce greenhouse gas emissions, setting up a showdown with Liberal
Prime Minister Justin Trudeau, who has vowed to ensure every Canadian
province adopts some form of carbon tax. Ford also wants to get rid of
the chief executive officer of Hydro One Ltd., the provincial utility
that was sold to investors through an initial public offering in 2015.
It’s not clear a premier has the power to do that as the government
holds a 47 percent stake....
Doug Ford, whose populist message of smaller government and tax cuts
drew comparisons to Donald Trump, will be the next premier of Canada’s
most populous province and economic engine.
Progressive Conservatives won 76 of Ontario’s 124 districts in
Thursday’s election, according to Elections Ontario. His decisive win
ends 15 years of Liberal Party rule, and his majority government will be
able to run the province without the support of another party.
53, a former city councilor and brother of the late Toronto mayor Rob
Ford, ran on a "For the People" platform of tax cuts for businesses and
the middle class, along with lower prices for gasoline and electricity.
While the tax cuts, a pledge to reduce government “waste,” and his
plain-spoken tone evoked elements of Trump, there are key differences:
immigration played virtually no role in the campaign, and first- and
second-generation Canadians are core supporters of the Ford family’s
In his victory speech near Toronto, a beaming Ford declared
Ontario is “open for business,” pledging his government will usher in
“an era of economic prosperity the likes of which Ontario has never seen
Ontario, home to some of
Canada’s biggest companies and its financial services hub, is the
largest sub-sovereign borrower in the world....
Ford’s main rival was New Democratic Party Leader Andrea Horwath, 55,
who pitched tax hikes on corporations and high earners to finance
expanded social programs. The Conservatives and NDP were neck and neck
in most polls based on popular support, though Ford’s backing was more
widely spread across the province, leading to more seats. The NDP will
now be the largest opposition party, with about 39 seats. The Green
Party, meanwhile, picked up its first ever seat in the province."...