Higher energy costs have helped drive Ontario’s anemic economic performance.
Adding more expensive renewables will not help Atlantic Canadians already burdened with high energy prices and expenditures.
In Atlantic Canada, a stunning 20.6 per cent of households were in energy poverty as of 2013.
Consumers will pay $9.2 billion more for renewables under the current plan than Ontario’s previous program.
Ontario’s aggressive green-energy/green-tech approach led to soaring power prices for Ontarians.
Five out of seven Canadian regions had higher percentages of energy poverty in 2013 than in 2010.
Thirty-eight per cent of Ontario business owners expect to see their bottom lines shrink due to rising electricity prices.
Generation costs in Ontario have increased by 74 per cent in the last decade, and may grow to $13.8 billion by 2022.