I watched a segment on CTV news last evening in which  a number of "small" business owners were interviewed.  Some of these small businesses employ up to 200 people and are trying to compete in world markets.  The general consensus was that they cannot be competitive due to the soaring hydro costs and have no option except move their operations out of Ontario, primarily to the U.S.  This will have a devastating effect on Ontario's economy if enough of this businesses locate elsewhere.  I'm sure that there are many large businesses that are also weighing their options due to soaring hydro rates.  These rates are already scheduled to increase in the New Year which increases will only go higher when carbon tax is added. .  Ontario has become a disaster under the Liberal governments, not only with the highest hydro rates in North America but also a staggering debt load of over 300 billion dollars.