Library filed under Taxes & Subsidies from Canada

Ontario lost up to $1.2 billion selling clean energy: engineers

Ontario lost between $732 million and $1.25 billion over the past two years selling surplus clean electricity outside the province, an analysis by the Ontario Society of Professional Engineers (OSPE) estimates. That’s the difference between what Ontario agreed to pay to produce nuclear, water, wind and solar power, and the bargain basement price it sold it for on the international market.
21 Nov 2017

Rising Electricity Costs and Declining Employment in Ontario’s Manufacturing Sector

Rising-electricity-costs-and-declining-employment-in-ontarios-manufacturing-sector_thumb This report by the Fraser Institute finds that Ontario’s Green Energy Act and its induced inefficiencies, have caused electricity prices to increase dramatically —now the highest in Canada—have cost the province an estimated 74,881 manufacturing jobs since the 2008 recession. High electricity prices are threatening industrial competitiveness, in particular that of the manufacturing sector for which electricity is a major input cost. The executive summary is provided below. The full report can be accessed by selecting the links on this page.
13 Oct 2017

High hydro costs sending Ontarians to food banks, report says

In yet another sign of the crisis caused for many in the province by soaring electricity rates, the Ontario Association of Food Banks says the fallout is putting the squeeze on the basic needs of many. “If people have to choose between keeping the lights on and going hungry, they go without food,” Carolyn Stewart, executive director of the association, said ahead of Monday’s release of the group’s Hunger Report 2016. Soaring hydro costs have become an Achilles heel for the Liberal government, which took a costly plunge into green energy in 2009. 
28 Nov 2016

Open letter to Premier Kathleen Wynne

Did the wind industry ever tell you that their turbines are of no practical use for most of the time? Do you now understand the meaning of the capacity factor? Repeat: it is time to put the welfare of Ontarians ahead of your ego­ and stop this waste now. We all make mistakes, and the smart people learn from them. It is now clear to all critical and realistic thinkers that wind and solar will never replace or even moderately supplement nuclear and other reliable sources of the electrical energy in Ontario.
31 May 2016

Gridmonsters attack! Wind, solar power are inefficient, unreliable and make electricity grid more costly than it has to be

In fact, wind and solar “farms” have become troublesome “gridmonsters”. They are uncontrollable, cruel and unreasonably costly. Gridmonsters have a licence not only to kill, but also to bill. Enabled by Ontario’s Green Energy Act , they drive up electricity prices while ravaging rural neighbourhoods and wildlife.
7 May 2016

Energy poverty rising in Canada

“The high incidence of energy poverty in Canada, particularly when gasoline expenditures are included, should be of central concern when policies regarding energy are devised. Policies that raise prices could exacerbate problems faced by families who are in energy poverty, or those on the cusp of energy poverty.”
15 Mar 2016

Township mayor 'dumbfounded' by police turbine fees

More than six years after the turbines on Wolfe Island became operational, Frontenac Islands Township council was surprised in December when it received a bill for policing from the Leeds County OPP. “They charge us the same in this new policing formula for a wind tower as they do for a house,” Mayor Denis Doyle said. “It costs us a lot of money.”
21 Jan 2016

The Ontario power system’s ‘broken’: Auditor General

“Over the last decade, this power system planning process has essentially broken down, and Ontario’s energy system has not had a technical plan in place for the last 10 years. Operating outside the checks and balances of the legislated planning process, the Ministry of Energy has made a number of decisions about power generation that have resulted in significant costs to electricity consumers.”
3 Dec 2015

The Ontario power system’s ‘broken’: Auditor General

“Over the last decade, this power system planning process has essentially broken down, and Ontario’s energy system has not had a technical plan in place for the last 10 years. Operating outside the checks and balances of the legislated planning process, the Ministry of Energy has made a number of decisions about power generation that have resulted in significant costs to electricity consumers.”
3 Dec 2015

CRA input needed for turbine taxes

At a committee of the whole meeting in Picton Thursday afternoon, council opted to wait for a ruling from the Canada Revenue Agency (CRA) to determine if donations to help offset the legal costs of a pair of appeals qualify for official income tax receipts. The decision came after hearing from a pair of local residents the municipality could be liable for the taxes from the donations and also risk its ability to receive donations.
30 Oct 2015

How green energy is fleecing Ontario electricity consumers

Ontario’s green energy transformation – initiated a decade ago under then-Premier Dalton McGuinty – is now hitting consumers. The Nov 1 increase for households is the next twist of that screw. As Ontario consumers know all too well, the province has gone from having affordable electricity to having some of the highest and fastest-increasing rates in Canada.
30 Oct 2014

Contract scrapped

A spokeswoman for the Nor’Wester Mountain Escarpment Protection Committee says she’s ecstatic that Horizon Wind Inc.’s planned turbine farm in Thunder Bay might be dead in the water. ...It's not necessarily the end of the project, she cautioned. "It wouldn't come as a surprise if there is an appeal," she said, adding she thinks treaty rights must come first and be protected and will ultimately prevail.
25 Jul 2014

Governments rip up renewable contracts

Europe’s renewable energy investors are facing a harsh reality – that the promises from politicians can be taken away at any moment. Canada’s renewable energy investors may soon face that same reality. ...Governments across Europe, regretting the over-generous deals doled out to the renewable energy sector, have begun reneging on them. To slow ruinous power bills hikes, governments are unilaterally rewriting contracts and clawing back unseemly profits.
20 Mar 2014

Gone with the wind: Weak returns cripple German renewables

Indications are mounting, however, that green capitalism will not be able to meet all expectations. In courts around the country, complaints are mounting from wind park investors who haven't received a dividend disbursement in years or whose parks went belly up. Consumer protection activists are complaining that many projects are poorly structured and lack transparency.
30 Jan 2014

Green subsidies don't work

The Spanish government, like most European governments, is staggering under a mountain of public debt after having used borrowed money for decades to pay for massive social benefits. Spain's green energy subsidies were among the most generous in Europe - about $5.75 billion annually in a country of 47 million people.
22 Jul 2013

http://www.windaction.org/posts?location=Canada&topic=Taxes+%26+Subsidies
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