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The high cost of getting climate policy wrong
The Internet is abuzz over a recent report by the Parliamentary Budget Office (PBO) that shines some light on the potential impact of the federal carbon tax plan on Canada’s economy. Specifically, the report shows that the carbon price ...
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Cryptocurrency investors eye provinces with low electricity rates
Recent media reports suggest lower power costs in some provinces could make Canada an attractive destination for bitcoin miners to run their power-hungry operations, with a Chinese firm already considering establishing a bitcoin ...
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Canada’s energy sector gets some gifts (and a lump of coal) in 2017
Canada’s energy economy received several gifts in time for this holiday season. Some were good, some were, well, not so good. One of the gifts was from the National Energy Board, which finally exerted its federal authority to approve ...
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GST revenues from carbon-pricing—likely another tax grab
This week, as Canadians were sliding into their holiday mindset, the Parliamentary Budget Officer (PBO) released a report estimating the GST revenues collected by the federal government through existing carbon-pricing schemes in four ...
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High cost of renewables—a made-in-Ontario problem
A recent CBC News article discussed how market-based bidding structures have pushed down the electricity costs generated by renewable sources in Mexico and other places around the world. In Mexico’s case, the Italian company ENEL signed ...
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Ontario’s flawed electricity system subsidizes neighbouring jurisdictions
A recent study by the Ontario Society of Professional Engineers (OSPE) found that cheap exports of surplus clean electricity—nuclear, solar, wind and hydro—could have cost Ontario up to $1.25 billion over 21 months. The study states that ...
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Minister McKenna wrong on Ontario’s coal phase-out
Environment Minister Catherine McKenna (pictured above) recently reaffirmed the Trudeau government’s commitment to phase-out coal as a power source. In an interview with CBC News, McKenna once again credited the Ontario coal phase-out ...
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Ontario’s auditor general calls out Wynne government over ‘Fair Hydro Plan’ accounting
The Office of the Auditor General of Ontario this week released a special report titled “The Fair Hydro Plan: Concerns About Fiscal Transparency, Accountability, and Value for Money.” It’s somewhat dry reading, but a key message comes ...
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Ontario sued over power prices
In a recent article in the National Post, reporter Geoff Zochodne discusses another interesting twist in the Ontario power-price saga. Zochodne explores the recent lawsuits filed against Ontario’s minister of the attorney general, ...
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Ontarians need real reforms that will actually reduce electricity prices
Those smart thermostats won't be free—taxpayers will foot the bill. ...