Gas Plant Move to Cost Taxpayers $180-Million
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.