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HomeMy WebLinkAboutThe Lucknow Sentinel, 1997-11-19, Page 7Ontario daro•a.�l b� thr crown -owned cQrgoration by Bev Fry • Ontario Hydro will be separated. into three crown -owned companies by the year 2000. Recently in• Toronto, Energy Minister. Jim Wilson' said "We are flip- ping the switeh ona more competitive and respon- sive electricity system and creating new opportunities .. for the people of Ontario." He said the government ..pian to- end Ontario-, Hydro's 91: year-old monopoly of the province's electricity. busi- ness will mean cheaper " • rates for consumers. "it is simply not accept- able that Hydro's business pert'c rmance has . faltered so significantly over the past decade, that .' power. costs have increased by 30 .. per cent in the early. 1990s, and Hydro's debt. exceeds. $30 billion." • . The Ontario Electric Generation Corp: will be the company , that ates•• electricity..: The Ontario Electric ;Services • Corp. - 'will. take ' over 'th'e transmission of electricity; .•. and a third , company; a non-profit regulator, will act; as the- manager of the Market. system, ensuring` that competition develops quickly.'' ° Under: ' the.. .proposed reforni, 1'eustorners . wtl'1. Abe • able to choose among electrical suppliers sirnil`ar to'the way telephone lines and, ,gas' pipelines: became • co•rrimon• . carriers :' when` those industries . were, opened to 'competition.; Wilson:said,the govern rxient was pressed to ref`oi the utility because Ontario electricity. prices are the tlird'highest in Canada. Only Nova Scotia. and Prince Edward island have higher power prices. ' John Murphy was pleased with the minister's' proposal. Presidentof the Power Workers' Union, which represents 70 per cent of the Ontario Hydro work force, Murphy : said the. white paper on . electricity reform was "a' positive -• Murphy plersed- wholesale privatization stopped document;' that appears -too- be "consistent with every reform. 'called for by the PWU during the last two years. '1•' m especially .pleased we ' have . • stopped the wholesale privatization of Ontario Hydro:" However, However, ,.he said the union will be closely "mon itoring thie development of the. many . reform details • yet t0, be'worked•out Murphy said all Ontario Hydro generation being kept together' under one entity •is •good news, for Hydro's competitive posi- tion:in the .growing energy business. ' ..He added that transmis- sion,- distribution, Ontario 'hydro': international and Ontario -Hydro Technologies being kept together as the 'Ontario Electric Services Corp.was good news,: "The government rejected thee` Macdonald • Cation n it C ►0 truce ;c ool •Comrnitte.e's recbtnmen- dation' to end:: the operation at ch- tarso Flydro;retail .an'dd. distribute its; assets and customers to Municipal ;electric utilities There was nu pinetical' reason to kill Ontario, Hydro retail and the government has recog- nized this.." - However, theSociety, representing 5,500 engi- neers, scientists and other professionals, says the reforms. are "disastrously shortsighted." • Responding to recom- mendations to end Hydro's monopoly by breaking up the utility, John . Wilson; Society presidentsaid, "dismembering Ontario Hydro to introduce camper tition is'th.e wrong thing to do. ' '-`TO corinpete--"success•--, fully in the ' North American 'energy market, Hydro must remain intact and be given`ti:me to return its nuclear ' program, to • • excellence before the 'gov-' ernment lets the wolves in at. Ontario's door's Wilson said the.electric ity market no longer stops at. Ontario's borders. Major • competitors., .like mega - companies Enron from the United. States and Hydro Quebe,, are staying intact and expanding. . "With Ontario Hydro lying in piece's; billions of dollars.. will flow Out of Ontario. intothe pockets'of • our. ::competition and very.• little will trickle into.' the province.'; • • Wilson said home•own. ers,. remote customers :and small businesses will ;bear ▪ the , btunt •of ,rising rates, worsening ;'government, - deficits •'and'''sev.ere :job lose, ``A• study' conducted, by the' Institute of Policy.• Analysts • shows that it O'ritarla ends, up „importing even 20`.: per . cent .of its electri:ci'ty; the; economic consequences •will be data-'• ; str'ophi.c, 'byePat Halpin Education.. ;Nli�istcr David Johnson; has a per-: sona•1 'invitation to visit ctassresims 'in. Bruce County. . •, ' Chair Carrilyn Day said. the.: cdUeational• issues, ccar'nmittee invi.fed Johnson • to take :a Fiat hand Elowk lit 'early literacy pi lot• projects: being run `in;severa'l. 8rttce County elementary schools. • ," i'rn :sore he will accept' .q•uickly so h,e can have , some. positive interaction~ '` with the educational cc$rti munity. Dray quipped. 18", 24", 30" SATELLITE DISHES L.ueknow Sentinel, Wednesday, November 19, 1997 — Page 7 IMPORTANT DATE! Santa's visiting the id Cameron's Store Corner of Hwy 21 & the 8th Conc., Pine River, Ont, Nov. 22 10 a.m. to 4 p.m, • Group 'of talented crafters with a variety of wonderful creations are getting ogether to help you get that • hristmas shopping started. There will be refreshments as well! o drop by and see all the goodies You'll be glad you did!!! 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