News

SEND YOUR NEWSWORTHY VIDEOS TO VIDEOS@NEWSTALK1010.COM

Gas Plant Move to Cost Taxpayers $180-Million

Posted By: Michelle Rosa · 7/11/2012 5:29:00 AM

It's going to take $180 million dollars from taxpayers to move a gas plant from Mississauga to the Sarnia area.

Energy minister Chris Bentley says discussions are ongoing, but the cost of this could be made up on your hydro or tax bills. ``The agreement was concluded yesterday between the Ontario Power Authority and Greenfield South Power,'' Bentley said Tuesday. ``I expect there will be discussion in the future about the allocation
of those costs.''

The plant has been the subject of much protest and opposition from Mississauga residents who wanted the plant to be moved. The Liberals came under fire for that decision with opposition parties claiming it was a way of trying to save Liberal seats in last October's election.

That $180-million includes an $85-million settlement with EIG, the financiers of the plant who were suing the province for $300-million.

The plant is expected to create up to 2-hundred jobs over the next two years and it should be running by 2017.

Leave a comment:

showing all comments · Subscribe to comments
  1. costly_seats posted on 07/11/2012 07:09 AM
    So MPP's Charles Sousa's and Kevin Flynn's seats just cost $90 million each. Hope those so foolish to elect them see this and never vote liberal again!
  2. David Smith posted on 07/11/2012 07:40 AM
    How much more money is going to be spent till people smartin up. every election the Liberials waste more and more of our money. This guy has a hard time makeing ends meet these days and the voters are not helping. I don't blame the Liberials, I blame those who elect them.
  3. proton posted on 07/11/2012 12:07 PM
    so we have mcguinty spending $ 90 MIl of OUR TAX DOLLARS to help elect 2 MPPs. We have mcguinty wasting over $1B on e-health with nothing to show for it
    we have mcguinty wasting millions on Ornge
    we have mcguinty's inexcusable actions on Caledonia where law-abiding citizens can be almost beaten to death while the police look on
    we have mcguinty spending BILLIONS of our tax dollars on green energy when other jurisdictions are moving away from it as it's unproven as yet

    SO WHY DO WE KEEP ELECTING THIS MORON AND HIS LIBERALS?????
    1. LeopoldS posted on 07/11/2012 02:44 PM
      @proton All of the Gov't wastage you note underscores a key point - Gov't is not capable of spending our money wisely and without politicizing where and when it is spent. Gov't should not be in the business of generating and transmitting electricity or developing software or operating the air ambulance service. Gov't should not be in business, period.
  4. tim posted on 07/11/2012 12:58 PM
    When will government's learn not to promise contracts to companies untill a place is approved by the people in that area. They do it over and overagain. They should have clauses built into the contracts that allow them to get out at a reasonable price if deal can't be done for some reason ie: change of government, people don't want it in there area, strikes ....
showing all comments

Videos

Trending