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LIVE: Premier announces off-peak hydro prices now in effect 24 hours a day

Will last for the next 45 days

Update

Premier Doug Ford announced this afternoon that hydro bills will move to off-peak rates for homeowners, small businesses and farmers for the next 45 days.

The move will cost over $160 million and will save consumers "more than 50 per cent compared to peak rates for the next 45 days," Ford told Ontarians.

Small businesses and farms will also be eligible. The off-peak rates will now be in effect 24 hours a day, seven days a week.

Ford says the measure applies now.

"The savings will simply show up on your next bill," he said.

Ford also issued another warning to the province's construction industry. He said new rules are in place and inspectors will be watching.

"If the industry does not take every step necessary to look after their workers, I will shut it down," he told reporters.

Ford said Home Depot Canada has donated 20,000 N-95 masks. He said the masks are being shipped today.

Original story:

Premier Doug Ford is scheduled to make a 1 p.m. announcement.

He will be be joined by Christine Elliott, Deputy Premier and Minister of Health, Greg Rickford, Minister of Energy, Northern Development and Mines, Bill Walker, Associate Minister of Energy, and Rod Phillips, Minister of Finance.

Village Media will carry the livestream