And, with that, the starting gun has sounded for the 2011 Ontario Election:

Liberals to cut hydro bills by 10 per cent

The Liberal government will cut Ontarians’ hydro bills by 10 per cent starting on Jan. 1, the Star has learned.

Finance Minister Dwight Duncan, bolstered by a $1 billion reduction in the provincial deficit, is to announce “substantial hydro relief” in Thursday’s fall economic statement.