Media Round Up October 16

Electricity prices set to increase across Ontario Nov. 1 after pricing change
Global News –The cost of electricity isset to increase across the province, afterthe Ontario Energy Board announced new pricing changes on Thursday.The OEB said in a release that the new prices will affect most households and small business for the duration of winter fromNov. 1 to April 30, andthe peak hours for electricity use will also change.

Hydro One IPO to offer 81 million shares at $19 to $21 each
CBC News –
The Ontario government plans to sell more than 81 million shares at a price of $19 to $21 a share in itspublic offering of Hydro One later this year.The first release of shares, for about 15 per cent of the company, would raise about $1.7 billion.

Pipelines & politics: Where the parties stand on oil & gasissues
Financial Post -If elected, the Liberals will launch an immediate review of Canada’s regulatory process for oil and gas projects, the NDP will work with provinces to put a price on carbon, and the Green Party’sCarbon Fee and Dividend Planwill giveevery Canadian over age 18 an annual carbon dividend. The incumbent Conservatives oppose all these plans, as the Canadian political parties paint starkly different visions of the country’s oil and gas sector.

Toyota’s goal to stop selling gas-powered cars by 2050
Toronto Star –Toyota Motor Corp.’s goal of reducing emissions from new vehicles by 90 per cent within the next 35 years is a wake-up call for Ontario and its struggling auto sector, experts say.

Strong Support For Nuclear Plant Refurbishment –A recent Bruce Power poll shows support for refurbishment of nuclear plants in Ontario has reached 81 per cent. That’s the highest level Bruce Power has recorded since it started public opinion tracking in 2001.

Source: AMPCO News Feed

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