SoVote

Decentralized Democracy

Ontario Assembly

43rd Parl. 1st Sess.
February 27, 2024 09:00AM

I thank my colleague for that. You know, that’s an excellent question, because it also, I think, allows a more direct response.

The savings if we implement this act are big, not just for the homeowners, but for taxpayers and businesses as well. Under the OEB’s decision, a new recreation and wellness centre in the GTA would cost approximately $128,000 upfront. A new 39-home subdivision in the GTA would cost approximately $357,000 upfront. A recent restaurant project in southwestern Ontario, inside of a commercial plaza, would cost approximately $18,000.

By reversing this decision, these costs will be paid over 40 years, just like a mortgage, making new homes and developments—yes—more affordable. That’s a win. That’s a win for taxpayers.

And we’re talking about natural gas connection costs. That’s what we’re talking about here, and access to reliable, affordable energy is critical to powering the new homes we are building and will be building as, increasingly, we meet our targets—and we are meeting our targets. We just had announcements in Brampton. We had announcements here in the city of Toronto. We’re meeting our targets.

The Ontario Energy Board’s recent decision to require natural gas connection costs on new homes and small businesses which were previously paid over 40 years to be paid upfront will only increase the cost of new homes and buildings.

Anyway, thank you for the question from the member from Sarnia, and all of his sterling service here in the Ontario Legislature.

What’s clear is that Ontario is continuing to grow. That means that our regulations need to grow with it. Does that make sense? It does.

Our friends over in British Columbia—and I’m sure the official opposition have a lot of friends in British Columbia—have a threshold of $20 million for their natural gas. How is Ontario’s threshold only $2 million, the same that it was 20 years ago?

If Ontario wants to keep up with the growth that Ontario has seen in the past 10 years, and it’s been significant, then we need to continue to cut red tape, and yes, make life affordable for hard-working families.

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