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Ontario manufacturers eye greener pastures stateside as hydro rates go through the roof
Financial Post ^ | March 16, 2017 | Peter Kuitenbrouwer

Posted on 03/16/2017 12:00:59 PM PDT by SouthernerFromTheNorth

Jocelyn Bamford, a white hard hat perched over red hair that curls down around her shoulders, has her hands on her hips. Behind safety glasses, her eyes flash. On the shop floor in the bustling Automatic Coating Inc. plant owned by her family, she has to shout to be heard above the squirt of compressed air nozzles, honks from forklifts, the clang of steel as it’s dipped in baths, and the hum of exhaust fans.

Bamford might be shouting regardless of the noise since the hydro bill for her Toronto-based company has her mad as hell. Once boasting one of the continent’s lowest electricity rates, Ontario today has some of the highest and that has many industrial companies planning to move at least some operations to the United States.

“The government treats us like bourgeois sweatshop operators who have to be stopped,” said Bamford, who has organized dozens of medium-sized companies into the Coalition of Concerned Manufacturers of Ontario. “All the businesses are terrified of the government. My husband said, ‘Well, do you just want to pick up and go?’ And I said, ‘Well, I guess I gotta just stay and fight.’ I feel like I’m the Norma Rae of manufacturing.”

Automatic Coating’s electricity bill has more than doubled in the past decade. Its bill for last November was $49,209.68. The first line is for electricity: $6,577.93. The second line is much harder to explain: it is the euphemistic Global Adjustment charge: 217 million kWh at 11.6 cents each for a total of $25,223.73.

The Global Adjustment contains many different costs, including Ontario’s payments to solar and wind energy makers at far more than the market rate, the cost to sell excess power to U.S. states at a loss, and even the cost of replacing light bulbs with LED bulbs.

(Excerpt) Read more at business.financialpost.com ...


TOPICS: Canada; Crime/Corruption; Extended News; News/Current Events
KEYWORDS: agenda21; americanjobs; canada; electricity; fail; greenagenda; greenenergy; greenscandal; maga; ontario; solyndra; treehuggers
I left there too for the same reasons - and hopefully will never go back unless dramatic changes occur (and Toronto liberals are wrecking it for everyone). Sousa is delusional - and Trump is going to reduce taxes so that advantage (largely thanks to Stephen Harper) will be eliminated.
1 posted on 03/16/2017 12:00:59 PM PDT by SouthernerFromTheNorth
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To: SouthernerFromTheNorth

Sounds just like California.


2 posted on 03/16/2017 12:03:53 PM PDT by Defiant (The media is the colostomy bag where truth goes after democrats digest it.)
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To: Defiant

It is. What is sad is that the rural areas are helpless - they refuse to vote this government in, yet Toronto urban liberals continue to push for tree hugging agendas. Ontario really needs to be broken up into multiple provinces.


3 posted on 03/16/2017 12:05:16 PM PDT by SouthernerFromTheNorth
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To: SouthernerFromTheNorth

What’s that aroma? Is that prosperity coming over the horizon?


4 posted on 03/16/2017 12:08:58 PM PDT by dsc (Any attempt to move a government to the left is a crime against humanity.)
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To: dsc

Prosperity for the US. The 10-year recession in Ontario - outside of the outrageous housing sector in Toronto (you can’t buy a teardown for less than a million dollars now) will become a deep depression worse than the 1930s if those criminals are re-elected.


5 posted on 03/16/2017 12:10:43 PM PDT by SouthernerFromTheNorth
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To: SouthernerFromTheNorth

On site co-generation...


6 posted on 03/16/2017 12:11:05 PM PDT by Paladin2 (No spellcheck. It's too much work to undo the auto wrong word substitution on mobile devices.)
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To: SouthernerFromTheNorth

Happens every time.

What’s a teardown? A house you buy just to get the lot?


7 posted on 03/16/2017 12:15:16 PM PDT by dsc (Any attempt to move a government to the left is a crime against humanity.)
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To: SouthernerFromTheNorth

“including Ontario’s payments to solar and wind energy makers at far more than the market rate, the cost to sell excess power to U.S. states at a loss, and even the cost of replacing light bulbs with LED bulbs”

One sentence explains the lunacy of the left wing wackos!! Move to Florida and leave your LL Bean gear to charity.


8 posted on 03/16/2017 12:16:16 PM PDT by MaxistheBest (...)
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To: SouthernerFromTheNorth
Toronto liberals are wrecking it for everyone

Yes indeed. Get away from Toronto and Ottawa and people in Ontario appear to be sane.


9 posted on 03/16/2017 12:16:28 PM PDT by Buckeye McFrog
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To: dsc

Teardown is a house in such poor condition that it might as well be condemned - rebuilding is expensive or not practical.

The average detached home in Toronto right now is about $1.6 million, and about $1.2 million in the suburbs, largely thanks to their green agenda. Even a small condo in a tower is over $500,000 on average nowadays, enough to buy a large family home in many other cities.


10 posted on 03/16/2017 12:17:05 PM PDT by SouthernerFromTheNorth
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To: SouthernerFromTheNorth

Hockey league fees going up due to surcharges? Will Grapes ride to the rescue?


11 posted on 03/16/2017 12:19:41 PM PDT by RitchieAprile
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To: SouthernerFromTheNorth

Its really quite funny - because Ontario and Quebec sit on some ridiculously large percentage of the world’s fresh water and potential natural gas stores - which should mean electricity there should be nearly free.

It really does prove the quote that if you put the government in charge of the Sahara, in 5 years you would have a shortage of sand.


12 posted on 03/16/2017 12:20:56 PM PDT by PGR88 (The)
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To: SouthernerFromTheNorth

God willing, I’ll be leaving on the 26th.
Going to stop at the Quebec border and give a good riddance 2-finger salute
to lesbo Wynne and the hydro-gouging, dog-banning, liberal arses running this province.


13 posted on 03/16/2017 12:48:36 PM PDT by kanawa (Trump Loves a Great Deal)
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To: SouthernerFromTheNorth

Haha, “hydro”. Been a while since I heard that, escaped. Canada in 1990.


14 posted on 03/16/2017 1:37:05 PM PDT by lowtaxsmallgov (This Administration has absolutely no idea how to grow an economy)
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To: SouthernerFromTheNorth

“The average detached home in Toronto right now is about $1.6 million,”

Don’t people see that this bubble has to collapse?


15 posted on 03/16/2017 4:04:10 PM PDT by dsc (Any attempt to move a government to the left is a crime against humanity.)
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To: SouthernerFromTheNorth

“The average detached home in Toronto right now is about $1.6 million,”

Don’t people see that this bubble has to collapse?


16 posted on 03/16/2017 4:04:18 PM PDT by dsc (Any attempt to move a government to the left is a crime against humanity.)
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