July 08, 2015

Energy prices and economics: What Ontario could learn from this US state that's gone from bust to boom

Ezra LevantRebel Commander

A new Chamber of Commerce study says one in 20 businesses plan to leave Ontario or just shut down, because power prices are too high.

No kidding.

Raising energy prices for the next 20 years is the official policy of Kathleen Wynne's Liberal provincial government, with its expensive "green" energy subsidies and schemes.

Meanwhile, fracking has brought former "rust belt" basket case Pennsylvania back from the brink, with 200,000 new jobs in that sector alone.

Pennsylvania now produces more natural gas than Texas!

Incredibly, overseas companies are building new factories there now, rather than the other way around.

(And all this was accomplished without spending a dime of public money.)

Why isn't Ontario following that model instead?

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commented 2015-07-23 11:14:03 -0400
Really unfortunate for Ontario. There are web apps and businesses trying to help out such as En-Powered which allows small business to comparison shop for rates (they’re just getting started): http://bit.ly/1GGuokp but ultimately it’s going to have to be a regulatory change.. frustratingly enough.
commented 2015-07-12 18:53:03 -0400
Ezra – anyone who works at Ontario Hydro or is a vendor to Ontario Hydro know that OH exports to the US at cost or below cost to the US.
The communist PIG WYNNE is using higher rates to pay down debt that will likely default – the subsidy is the front /scam to distract from this accounting fraud.

The real FUN DATA would be power consumption over the last 10 years in Ontario – want to see a declining chart? Bet you find one there.
commented 2015-07-12 18:24:50 -0400
Bill Elder, brain-dead zombies. That’s how I describe them too.
How else to describe some of the lunacy that goes on and the fascination with zombie movies.
commented 2015-07-12 13:39:26 -0400
Detroit and Ontario – both brought to by globalist socialist rustbelt energy kleptonomics
I find it interesting Ezra that most of the zombies you encountered at the climate protest want this klepto-crony hydro electric regime which is killing jobs but they want those jobs that Wynn is chasing out of Ontario with insane hydro costs, Dupes deserve every thing they vote for.
commented 2015-07-11 20:01:33 -0400
Wynn has no clue about business, what drives it, and how it prospers the Province. She seems to think that more Public Service jobs is a measurement of financial growth. Of course business people who are smart are reviewing their options right now. It is not just 5 % but thousands of business people who are looking for a way out of Ontario, and rightfully so. If Ontario doesn’t want them to make money and prosper, there are other jurisdictions standing with open arms.
commented 2015-07-09 13:42:10 -0400
Kathleen Wynne and Dalton McGuinty should be in jail for what they have done to once a rich province.
commented 2015-07-08 21:31:56 -0400
My relatives in wynnterio are moving to Pennsylvania. Average power bills dropped by $1000 in a year!!
We are crazy.
commented 2015-07-08 20:44:55 -0400
Prince Knight, et al, that’s exactly how it started in Ontario, the shift to the Left with the election of an NDP Gov’t.
That’s why I left 21 years ago. And time has sure proven me right. Over those 21 years I’ve watched Alberta shift further and further Left, Alison Redford. And now I have, again, an NDP Gov’t. It does not bode well!
commented 2015-07-08 20:35:27 -0400
Deborah Graupner, you are absolutely right!
commented 2015-07-08 20:30:05 -0400
Thanks Ezra, I think you said that very well!
commented 2015-07-08 20:12:43 -0400
Heard and understood, Peter.

Just means we have to ensure Notley et al are a one-term wonder, then, eh?
commented 2015-07-08 20:01:52 -0400
“(Eight years might…) "

Now that sent cold frightening shivers up and down my back! If the Notley crew get voted in again in 4 years . . .
commented 2015-07-08 18:56:15 -0400
Fraser — Alberta is still better than Ontario or Manitoba… and just may be better than BC. For now. Four years of Notley can’t make the debacle Ontario is in now. (Eight years might…) Even with Notley, we’re still a lower-taxed, less unionized, more pro-business province. It’s still cheaper to live, and easier to find work. It won’t be as cheap or as easy as previously, but it won’t come anywhere near where Ontario is now. (Not that it won’t get bad enough…)

Moira — Does this cranial-oxyen-starved politico even realize what he’s saying? He wants his own country to collapse? Rather masochistic of him… And to wish the entire world to become 3rd-world, or (even worse) stone age? Or is he one of these “elites” that wants all this catastrophe to happen to someone else, but not him? (I’m thinking of the Sierra Club types with that last comment…)
commented 2015-07-08 18:53:22 -0400
In AB, we are waiting for Notley’s shoe to drop, but this imposed budget delay will only hurt AB more! No matter what she says, the O&G industry is already making plans to move capital. She prefers to give her comrade Tom a chance at the big chair. I can’t imagine either little boy JT or angry Marxist Tom in the big chair. Either one will be devastating to Canada, which is what the UN wants. I hope most of my fellow Canadians see the writing on the wall. If Harper doesn’t win a majority, Canada is going down.
commented 2015-07-08 18:49:16 -0400
“Why isn’t Ontario following that model instead?” Um, perhaps because that model is not “green”? Or have you forgotten the mindless, information-deprived, overlly-emotional-and-insufficiently-rational anti-fracking lobby? All these “environmentalists” (aka NIMBYs) who fear everything and who don’t positively contribute anything at all just want to keep industry out…. and jobs out. It’s politics, dude…
commented 2015-07-08 18:20:41 -0400
Fraser said, “By the end of this month I will be leaving Ontario I just can’t afford to live here any more.”

I would have at one time suggested you come to Alberta, but now . . .
commented 2015-07-08 17:40:05 -0400
“Isn’t the only hope for our planet that the industrialized nations collapse? Isn’t it our responsibility to bring it about?”
Maurice Strong, Secretary General, 1992 UN Conference of Environment and Development
commented 2015-07-08 17:29:33 -0400
Fraser, I hate to see you leave your home. But really we out west were only kidding when we said easterners should freeze in the dark , only kidding really. I suspect we will be too, soon enough
commented 2015-07-08 17:10:18 -0400
By the end of this month I will be leaving Ontario I just can’t afford to live here any more. Here is an example yesterday was the first day I but on the air conditioner WHY because it would drive up my electric bill by fifty dollars I don’t want to live in the dark I don’t want to freeze in winter and I don’t want to die of heat prostration. Rents are increasing car insurance has increased hydro is out of sight bus tickets are going up and I have given up you win Wynne like all the other companies your policies have driven out of Ontario so good bye.
commented 2015-07-08 16:44:56 -0400
Ontario created 300,000 new jobs in the last 5 years, unfortunately all in the public sector. Most of these are jobs created to make it harder for the private sector to expand and create real jobs. Thank you Wynne. You won’t be happy until we all work for you. Oh wait, maybe that is your endgame Dictator.