Many seniors in Ontario, living on fixed incomes, are increasingly unable to afford the rising costs inflicted by large infrastructure monopolies, such as Ontario Hydro, major gas corporations, and water and sewage billing providers. These entities, which face no competition, have been increasing their charges well above the cost of living percentage, making it exceedingly difficult for Canadian homeowners to maintain their homes. This is not merely a financial inconvenience but a serious threat to the housing stability of countless Ontarians.

Last year, for instance, the CEO of Hydro One earned a staggering $11 million while residents struggled to cope with ballooning utility expenses. With the cost of living surging, coupled with high unemployment rates and escalating food prices, the profits reaped by these monopolies appear not only unjust but morally wrong. To make matters worse, billing statements have altered, concealing hidden expenses, further burdening citizens who have no alternative suppliers to turn to.

The time has come for the provincial government to enforce an emergency cap on the profits these infrastructure monopolies can extract. Additionally, a systematic overhaul is needed in the regulatory bodies. It is imperative that these boards include citizens who have no affiliations with the companies in question to ensure unbiased oversight and decision-making.

In a time of economic uncertainty and widespread financial hardship, it is vital that infrastructure monopolies do not exploit their position at the expense of ordinary citizens. I urge you to stand with us, support your fellow Ontarians, and demand immediate action from our leaders to place a necessary cap on these profiteering giants. Please sign this petition to show your support and to protect our community's ability to afford the basic utilities necessary for living.