HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Message: Natural Resources minister concerned about cost of energy in Ontario
esterday at 14:08
Natural Resources minister concerned about cost of energy in OntarioCANADA
By Jodi Lundmark, tbnewswatch.com
Federal Minister of Natural Resources Greg Rickford address the CEDC and Ambassadors Northwest Friday at the Airlane Hotel.
By tbnewswatch.com
THUNDER BAY -- The single biggest concern the federal minister of natural resources has is the cost of energy in Ontario.
“Ontario has exclusive jurisdiction over that and we have been very, very concerned particularly here in Northern Ontario and I would submit Northwestern Ontario about the cost of energy,” said Greg Rickford regarding the provincial government’s plan to sell Hydro One.
Rickford addressed the Thunder Bay Community Economic Development Commission and Ambassadors Northwest Friday morning at the Airlane Hotel about the 2015 federal budget.
In April, Premier Kathleen Wynne announced the province will privatize Hydro One, but retain a majority ownership in the energy utility.
That sale is projected to raise $4 billion.
Speaking to the media after his remarks, Rickford said the feds have introduced energy programs that haven’t gotten the attention of the province, citing the Green Pulp and Paper program, which had mills using residue liquors from pulp production to increase their energy efficiency.
But there wasn’t the ability to put that energy on the existing power grid unless it was solar or wind power.
Rickford did acknowledge the provincial government’s recent announcement to bring natural gas to remote and isolated communities is important.
“I think that’s going to be a key factor in cost reduction but I think despite recent efforts by the province, the cost of energy is almost prohibitive for major manufacturers particularly in forestry and mining for them to justify any new activity,” he said.
“I have 25 isolated and remote First Nation communities in my riding and they all operate on diesel generation. That costs a lot of money and it’s not very good for the environmental footprint. Any and all activities we can engage in moving forward to address that are important,” said Rickford.
“This file has lagged for too long.”
CORRECTION: This story has been updated to revise Minister Rickford's comments on First Nation communities operating on diesel generation not being good for the environment.
Centraltime says:
Cheap reliable energy is the foundation for a healthy society to provide a standard of living and healthy economic base. Without it, other jurisdictions with cheaper energy will prosper and grow leaving Ontario at a disadvantage.
The problem then spirals downward as manufacturing moves away as they did in Ontario, and the whole economy slows and drags bringing down the standard of living further. Crime goes up as good jobs dry up, desperation deepens as utilities sky rocket.
Detroit anybody?
If you think things are bad now, just wait.
The problem then spirals downward as manufacturing moves away as they did in Ontario, and the whole economy slows and drags bringing down the standard of living further. Crime goes up as good jobs dry up, desperation deepens as utilities sky rocket.
Detroit anybody?
If you think things are bad now, just wait.
5/2/2015 10:54:05 AM
jonthunder says:
The Minister must have "misspoken" or been poorly informed. Ontario has not announced a consultation to bring natural gas to remote and isolated communities including his far north First Nations. Ontario is to consult with rural municipalities not connect to natural gas services to see if it is even viable/possible. What has Canada contributed to his remote First Nation communities to bring in electricity grids and get them off the diesel he complains about? What has any federal government done since this need and long term capital savings but higher upfront capital costs was brought to their attention and the attention of Ontario in the mid 1980's? Now they wonder why remote First Nations are leery of the Ring of Fire and other developments, and they still don't have assurances of roads or electricity over a grid? Who can blame them for blocking such negligent development aspirations.
5/2/2015 9:26:05 AM
Pandora says:
Selling Hydro is a really really bad idea!
it's a desperate move by a desperate gov't.
It's a slippery slope when you start selling off what should be profitable assets.
it's a desperate move by a desperate gov't.
It's a slippery slope when you start selling off what should be profitable assets.
5/1/2015 6:40:19 PM
j_northey says:
If the biggest worry for the federal natural resources minister is energy costs in Ontario then he is an idiot. What about the slow pace of getting anything done for the Ring of Fire? Or the massive environmental damage in the tar sands of Alberta? Or the nightmares of transporting those resources? Or how so many are not processed in Canada thus exporting jobs and money? Those should all be far above Ontario's price of electricity.
5/1/2015 4:43:15 PM
Jack Frost says:
I am adamantly opposed to the sale and or any privatization of Ontario Hydro as a publicly owned utility.
Good responsible government would profoundly restructure and clean-up the heavily bloated and despised hydro nightmare and proudly provide its people with "power at cost" hydro rates with NO TAX for this essential service of today.
Sir Adam Beck was an early and prominent advocate of publicly owned electricity grids, opposing the privately owned companies who he felt did not adequately serve the needs of the public. With the slogan "Power at Cost" and "the gifts of nature are for the public."
Good responsible government would profoundly restructure and clean-up the heavily bloated and despised hydro nightmare and proudly provide its people with "power at cost" hydro rates with NO TAX for this essential service of today.
Sir Adam Beck was an early and prominent advocate of publicly owned electricity grids, opposing the privately owned companies who he felt did not adequately serve the needs of the public. With the slogan "Power at Cost" and "the gifts of nature are for the public."
5/1/2015 4:16:39 PM
j_northey says:
Agreed - selling public utilities to create basically a private monopoly is plain old stupidity. This sale will cost taxpayers nearly $300 million a year forever in lost profits or even more as the private companies demand a higher return on investment and jump rates higher. I'm very tempted to go buy one of those Tesla batteries and put solar panels up so I can say 'screw you' to Ontario Hydro.
5/2/2015 9:02:18 AM
Enos012012 says:
1) Bad managment over the years have cause the rates to rise and everytime in a pinch it's easy money for government
2)There is a bigger drain on hydro becuase most things have gone digital. How many cell phones are lugged in constantly, computers etc etc heck a home care compy switched from using a blackberry to a fip and ipad, double the charging at he workers expense.
3)Quite frankly the whole system is corrupt...
2)There is a bigger drain on hydro becuase most things have gone digital. How many cell phones are lugged in constantly, computers etc etc heck a home care compy switched from using a blackberry to a fip and ipad, double the charging at he workers expense.
3)Quite frankly the whole system is corrupt...
5/1/2015 3:00:49 PM
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