If power producers agree to extend their contracts and therefore lowering the purchase price of power, then OK, it's a good idea. However, the idea to subsidise electricity is nuts. We already have a massive deficit, nor need to add to it (interest rates will not stay low as the authors suggest), and the economic distortions the subsidies create will be massive, along with the international political ramifications (a good reason for Trump to put import duties on Ontario exports).

Ontario needs an open market for electricity where producers, including Manitoba and Quebec Hydros, can compete to sell power to the Ontario grid.