The province has estimated divestment of the Ontario Northland Transportation Commission could cost as much as $790 million.
And while Nipissing MPP Vic Fedeli is suggesting the information is a smoking gun that shows the sell off can no longer proceed, the Liberals, New Democrats and ONTC unions are all accusing him of political rhetoric.
“He promised a bombshell and it’s a dud,” said Brian Kelly, a spokesman for the General Chairperson’s Association, representing unionized workers at the ONTC. Kelly said the it’s “old news” that there are huge costs tied to divestment – something ONTC unions have claimed from the outset.
“We have been saying that from Day 1,” said Kelly, suggesting Fedeli’s announcement Friday revealing the potential liabilities associated with divestment does nothing to fuel efforts to protect ONTC jobs and services.
He said the province appears to have already shifted its position, with Northern Development Minister Michael Gravelle announcing options other than divestment are now being considered.