McGuinty led the Liberals to win a historic third consecutive term and to once again form government, albeit with a minority of seats in the legislature. The Liberals won 53 of the 107 seats, just short of a 54-seat majority government. On October 15, 2012, McGuinty announced that he would resign as leader and Premier. At the end of January 2013, the party elected MPP Kathleen Wynne as leader, making her the 25th Premier of Ontario. Majority under Wynne The June 12, 2014 election was triggered by the Ontario New Democratic Party's decision to reject the 2014 Ontario Budget. The Liberal Party under the leadership of Kathleen Wynne won 58 seats in the Legislature, and formed a majority government. In 2015 the Liberals proposed to sell 60 per cent of the province's $16-billion share of the province's electricity distribution utility, Hydro One. Hydro One Brampton and Hydro One Networks' distribution arm would be spun off into a separate company and sold outright for up to $3 billion. The government pivoted to the left in the lead up to the 2018 election by raising the minimum wage, introducing reforms to employment standards and labour law, bringing in a limited form of pharmacare and promising universal child care. Loss of Official Party Status In the 2018 general election, the Liberals were swept from power in a historic defeat that resulted in large gains for both the Progressive Conservatives and NDP. The Liberal popular vote fell to 19%, almost half their previous result; the party lost 51 seats and were reduced to a rump of only seven seats in a swing that elected a PC majority and made the NDP the official opposition. Notably, the Liberals lost all but three of their 18 seats in Toronto, were completely shut out in the 905 region and won only one seat outside of Toronto and Ottawa. The seven-member rump caucus was one short of the requirement to retain official status in the Ontario legislature, and was also the only remnant of Wynne's cabinet. Wynne herself barely held onto her own seat by 181 votes. Accepting responsibility for the worst showing in the party's 161-year history and the worst defeat of a sitting government in Ontario, Wynne resigned as Liberal leader on election night. On June 14, 2018, John Fraser was appointed as interim leader of the party following a vote by caucus members, riding association