Wynne’s green scheme could deal massive blow to Ontario and Canada

Last month’s announcement by Ontario Premier Kathleen Wynne that her province would link up with the existing Quebec and California carbon dioxide cap-and-trade systems prompted an editorial in this newspaper headlined, “Is this Green Energy Act Round Two?”

Ontario’s Green Energy Act offered so-called “feed-in rates” almost four times existing electricity rates for wind and more than 10 times for solar power. Like bees to honey, wind and solar companies rushed in. By the time the government realized that these subsidies were driving Ontario from one of the lowest to one of the highest power cost jurisdictions in North America, the province had signed myriad 20-year-locked-in-rate-guaranteed contracts that will drive power rates up a further 40 per cent to 50 per cent in coming years. Adding salt to this self-inflicted wound is the reality that much of the green power comes on stream when it isn’t needed. This unneeded electricity is dumped into the United States at bargain-basement prices that Ontario’s Auditor-General found has already cost Ontario power consumers billions of dollars, with much bigger losses yet to come before those 20-year contracts expire.



  • Alain

    Time to change the name from the province of Ontario to the province of Detroit.

  • mauser 98

    not “should”…….. it is
    Premier Strapon death spiral

  • Gary

    About 4 years ago i predicted that Toyota and Honda would move production South because of the energy costs and taxes plus the Obama care that cancels out the benefits in Ontario for our FREE health care.
    So far , Toyota is moving some production to Mexico and i don’t expect Honda top be far behind as well as GM screwing the tax payers one more time because Obama $30 Billion bail-out now has 11 joint-venture Plants in China with the blessings of the Communist party leaders . The last Canadian car Company was Mclaughlin Buick that was bought by GM Detroit in 1943 and re-opened in 1946 as Buick . Liberalism is a Mental disorder where the victims are numb to the harm they do to the same people they think they are helping.

    • BillyHW

      Auto workers are so dumb, they’ll still keep voting for this crap over and over again.