SoVote

Decentralized Democracy

Ontario Assembly

43rd Parl. 1st Sess.
April 20, 2023 09:00AM
  • Apr/20/23 10:10:00 a.m.

OPG is currently in talks with New Brunswick Power over the ownership and operation of the Point Lepreau nuclear plant. I asked the Minister of Energy last week what he would do to protect Ontario from taking on debt or financial risk in any deal related to the plant. His assurances were just boilerplate; they were not comforting.

Since then, media reports from New Brunswick indicate the power company there is looking at a number of options.

One article noted, “That could include giving up direct ownership and management of some power generation so that outside companies absorb more of the cost and the financial risk.”

I think that’s a pretty clear statement.

New Brunswick Power has over $5 billion in debt and says the status quo can’t continue. Last year, poor operations at Point Lepreau cost New Brunswick Power almost $400 million in losses.

New Brunswick Power is also talking about the option of a partnership arrangement with OPG that some say could shield the deal from New Brunswick regulators and allow OPG to take on financial risk.

Speaker, the people of Ontario have no interest in taking on someone else’s debts and losses. Our hydro rates are high enough; we don’t need to subsidize another province’s power company.

The Minister of Energy should make sure OPG is focused on looking after Ontario and not signing agreements that put us in harm’s way.

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  • Apr/20/23 11:20:00 a.m.

Speaker, my question is to the Minister of the Environment.

This week, Superior Court Judge Marie-Andrée Vermette issued a decision on a legal challenge filed against Ontario by seven young Ontarians for the weakness of its climate targets. She found that Ontario’s target “falls severely short” of what the scientific consensus requires and that this increases the risk to Ontarians’ life and health.

Why won’t the minister act to protect the life and health of Ontarians?

What will it take for this government to actually protect the health and lives of the people of this province?

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