00:07:52.540Useless. Useless programs, essentially. That's what it was.0.99
00:07:56.180And, Mr. Speaker, as always, we are working closely with our small, medium, and large job creators
00:08:03.200because we understand that there is work to be done.
00:08:06.200And despite the fact that we have had tremendous job success in creating jobs since this government took office, built in no small part by the hard work of the Minister of Economic Development, Job Creation and Trade, removing red tape is extraordinarily important.
00:08:23.660But there is still a lot of work to be done, Mr. Speaker, particularly when it comes to the high cost of energy.
00:08:30.540This is something that all of us on both sides of the House continue to hear about,
00:08:35.600and it's something that we all focus on.
00:08:38.480So, we're working closely with that sector as well.
00:08:42.800And, Mr. Speaker, here's a quote from the Auditor-General's report in 2017.
00:08:47.320The Auditor-General of Ontario herself said that it was known that the planned financing structure
00:08:54.140undertaken by the former Liberal government could result in significant unnecessary costs
00:08:59.760for Ontarians. She went on to say the substance of the issue is straightforward. Ratepayers'
00:09:06.160hydro bills will be lower than the cost of the electricity used as a result of the electricity
00:09:11.040rate reduction. However, power generators will still be owed the full cost of the electricity
00:09:17.440they supply, so the government needs to borrow cash to cover the shortfall to pay them.
00:09:23.440The Auditor General, Mr. Speaker, is an independent legislative officer. She is
00:09:27.600nonpartisan. So for her to say this, Mr. Speaker, it means a lot.
00:09:33.040And Mr. Speaker, the Auditor-General and the Financial Accountability Officer were very
00:09:37.680clear that the program that the previous Liberal government had put in place was not in the
00:09:42.480best interests of Ontario taxpayers. Forget the fact, just for a moment, that their policies
00:09:48.280led to horrifying job losses in the manufacturing sector, that their policies led to shaken
00:09:53.900business confidence that all small, medium and large job creators were in fear of making