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known as Bill 124 is still sending ripples through the public sector across the province, even years after the law was repealed, with the electricity system now attempting to untangle the fallout.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 reversal and won't be repeated in the next few years, when the IESO looks for increases of nine per cent and two per cent, the Crown corporation wrote in its 2026-2028 business plan.