Ontario’s repealed wage restraint law Bill 124 still rippling through public sector
The IESO says the increase is a one-time correction after Bill 124 retroactive pay costs pushed its budget into deficit.
- The Independent Electricity System Operator is seeking to recover $329 million from ratepayers this year, a 40 per cent increase from last year. Energy Minister Stephen Lecce has signed off on the plan, pending Ontario Energy Board approval.
- This rate increase stems from the 2024 repeal of the 2019 wage restraint law known as Bill 124. The Crown corporation used reserves and debt to cover retroactive compensation after Ontario lost a constitutional challenge.
- After the law's repeal, the IESO provided about $45 million in retroactive raises and benefits to employees. The province projected spending $13.7 billion on compensation increases across the broader public sector.
- Liberal finance critic Stephanie Bowman stated, "Doug Ford's ill-advised Bill 124 continues to cost taxpayers money and in front-line services seven years after it was introduced." Treasury Board Secretariat spokesperson Michelle Burr noted retroactive compensation is nearly complete.
- This one-time correction will not repeat, with future anticipated increases limited to nine per cent and two per cent. The recovery plan adds an estimated 48 cents to the average monthly residential bill.
19 Articles
19 Articles
Ontario's public sector still impacted years after repeal of wage restraint law Bill 124
Ontario's ill-fated wage restraint law known as Bill 124 is still sending ripples through the public sector across the province, even years after the law was repealed, with the electricity system now attempting to untangle the fallout.
The Toronto Star
Ontario’s repealed wage restraint law Bill 124 still rippling through public sector
TORONTO - Ontario's ill-fated wage restraint law known as Bill 124 is still sending ripples through the public sector across the province, even years after the law was repealed, with
Ontario's repealed wage restraint law Bill 124 still rippling through public sector
TORONTO — Ontario’s ill-fated wage restraint law known as Bill 124 is still sending ripples through the public sector across the province, even years after the law was repealed, with the electricity system now attempting to untangle the fallout. The Independent Electricity System Operator is looking to recover $329 million from ratepayers this year, which […]
Ontario’s repealed wage restraint law Bill 124 still rippling through public sector – 105.9 The Region
TORONTO — Ontario’s ill-fated wage restraint law known as Bill 124 is still sending ripples through the public sector across the province, even years after the law was repealed, with the electricity system now attempting to untangle the fallout. The Independent Electricity System Operator is looking to recover $329 million from ratepayers this year, which is a 40 per cent jump from last year. The large increase is mostly due to the Bill 124 reve…
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