Fedeli to call for a formal audit of ONTC fire sale

Monday, February 25, 2013   by: Kate AdamsNipissing MPP Vic Fedeli
News Release


Nipissing MPP Vic Fedeli plans to again ask for a formal audit of the government’s fire sale of the Ontario Northland Transportation Commission.

Fedeli made the pledge in a Members’ Statement this afternoon in the Ontario Legislature.

“Speaker, many Northerners including myself were very disappointed to hear recent comments from the Premier and the new Northern Development Minister that they plan to continue full steam ahead with their fire sale,” Fedeli said in his statement.

“Last fall, I wrote to the Auditor General detailing how this fire sale will achieve no savings. Sadly, the Legislature was prorogued and my request could not be advanced. I plan to move a motion at Committee this week to once again ask the Auditor to formally investigate the government’s sale plans to examine the true financial picture.

Fedeli reiterated the Ontario PC position that Ontario Northland rail freight is strategically-critical infrastructure to economic development and private sector job creation in the North, and thus must remain publicly owned.

“One approach is the New Deal for Ontario Northland which proposes a publicly-owned rail transportation solution for the vital Ring of Fire mining development,” Fedeli said.

“The best way to transport ore is by rail, and an economic analysis study released on Friday supports that position,” added Fedeli.

“The ONTC can and should play a vital role in developing this once-in-a lifetime mineral discovery.”

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