August 19, 2014
Let’s put ending electricity separatism at the top of the Premiers Meeting agenda
Later this month, Canada’s premiers will be meeting in Charlottetown, PEI to discuss energy issues . This is a great opportunity for the Premiers of Ontario and Quebec to put their heads together and strike an electricity trade deal that can have big benefits for both provinces.
By importing low-cost Quebec water power, Ontario can save more than $600 million per year – or $12 billion over 20 years. By exporting power to Ontario, Quebec can increase its annual export revenues by more than $600 million. That’s serious coin that can be spent on schools and hospitals or deficit reduction in Quebec, and big money that can be saved by Ontario electricity ratepayers and businesses. Plus, Ontario avoids piling up another mountain of nuclear debt on its already sagging bottom line.
We’re looking for Premier Wynne to walk away from Charlottetown with a framework for making a win-win deal with our neighbours. In fact, this deal should be about as close to a “no brainer” as any decision Premiers Wynne and Couillard will make in the next four years.
Please pass this message on to your friends.
– Angela Bischoff