Beware folks if you look to interfere in the free market by funding failed and expensive business projects. Ontario has been on the Green train for a decade, our provincial debt has doubled to the point we are now the most indebted sub borrowing jurisdiction in the world.
TORONTO - The Ontario government says it is blowing away green energy plans in a bid to save almost $4 billion.
The province’s energy ministry said Tuesday it is cancelling plans to sign contracts for up to 1,000 megawatts of power from solar, wind and other renewable energy sources to help keep rates down for consumers.
Energy Minister Glenn Thibeault says the decision is expected to save the province up to $3.8 billion in costs from its 2013 long-term plan, and will keep about $2.45 a month from being added to hydro bills.