HomeMy WebLinkAboutThe Lucknow Sentinel, 2016-11-16, Page 9131Wct
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Bruce Power and its partners came together to raise $126,000 for Wounded Warriors Canada
at a gala on Nov. 9, 2016 in Kincardine. Presenting the cheque at Bruce Power's Remembrance
Day ceremony is Harry Hall, left, Bruce Power's Vice President, Supply Chain, Phil Ralph, National
Program Director, Wounded Warriors Canada, Crystal Pollock, Supply Chain Administrative Assistant,
and Mike Rencheck, Bruce Power's President and CEO.
Bruce Power supports Wounded Warriors
Bruce Power and its part-
ners raised $126,000 for
Wounded Warriors Canada
at a charity dinner on Nov. 9.
Wounded Warriors Canada
honours and supports ill and
injured Canadian Armed
Forces members, Veterans, first
responders and their families
all across Canada. It provides
assistance to transition the sol-
diers back to civilian life, while
primarily focusing on mental
health and learning to cope
with the effects of post-trau-
matic stress disorder.
"It's humbling, the courage
and strength the members of
our Armed Forces show every
day," said Harry Hall, Vice
President, Supply Chain, who is
himself a veteran. "We hope
this donation will make it easier
for our wounded soldiers to
transition back to civilian life
Bruce Power also marked
Remembrance Day with an
on-site ceremony and by lay-
ing wreaths at numerous
local cenotaphs.
Wednesday, November 16, 2016 • Lucknow Sentinel 9
New report says Bruce Power's public-
private partnership benefiting Ontario
A recent report from the
Canadian Council for
Public -Private Partner-
ships (CCPPP) and Bruce
Power outlines that Bruce
Power's Public -Private
Partnership (P3) is a net
positive.
The report says the P3
has helped Ontario
achieve a number of key
goals, including keeping
electricity prices low for
families and businesses
and helping ensure Ontar-
ians have clean air to
breathe.
Bruce Power has done
this while investing signif-
icantly in public assets,
without impacting the
province's balance sheet
in the process, the joint
study states.
The updated 2016
report, which was origi-
nally released in 2015,
highlights the company's
achievements over the
past 15 years within the
P3 structure, including
the continuation of pol-
icy support through
Ontario's Long -Term
Energy Plan (LTEP),
which will allow Bruce
Power to add value to
Ontario for decades
through affordable
energy, thousands of
jobs and billions in
annual economic
activity.
"Bruce Power's strong
track record of delivering
tremendous value to
Ontarians through low-
cost electricity and relia-
ble supply demonstrates
that nuclear power can be
operated safely and cost-
effectively by the private
sector in a competitive
market," said Mark
Romoff, President and
CEO of CCPPP. "As one of
the largest P3s in Canada
and the first involving
nuclear power generation,
Bruce Power is a unique
model for future P3s in the
global energy sector."
The unique Bruce
Power P3 was recognized
by the CCPPP in 2001 as
the winner of its Gold
Award for Infrastructure
in the National Awards for
Innovation and Excel-
lence in Public -Private
Partnerships.
When Bruce Power took
over the Bruce site in
2001, there were only four
reactors operating. Over
the course of the following
decade, Bruce Power dou-
bled the number of oper-
ating units allowing the
province to deliver on its
promise to eliminate coal-
fired generation in
Ontario.
Having returned the site
to its full potential in 2012,
and with the policy sup-
port outlined in Ontario's
LTEP, the company has
begun 20 years' worth of
life -extension mainte-
nance activities that will
see the site operate up to
2064.
This will create and sus-
tain 22,000 direct and
indirect jobs province -
wide each year through $4
billion in annual eco-
nomic benefit.
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