Federal Budget Offers Opportunities for Cleantech Firms and Geothermal Energy

By David Stevens on March 24, 2017

On March 22, 2017, Minister Bill Morneau presented the 2017 Federal Budget to Parliament (Budget 2017). As discussed in the Aird & Berlis LLP Tax News Flash, Budget 2017 addresses a wide range of items and proposes to build on the Government’s previous actions and to introduce targeted investments aimed at fostering economic growth and […]

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TransCanada Wants to Build New Pipeline Before PNW LNG Facility Proceeds

By David Stevens on March 23, 2017

On March 20, 2017, TransCanada Corporation (through its affiliate NOVA Gas Transmission Ltd.) filed an application with the National Energy Board (NEB) asking to amend conditions of approval for the North Montney Mainline natural gas pipeline project (the NMML). The NEB had approved the NMML project in June 2015, subject to certain conditions, including that […]

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Study Estimates Billions of Dollars in Benefits From IESO’s Market Renewal Project

By David Stevens on March 10, 2017

A recent study prepared by the Brattle Group and others for Ontario’s Independent Electricity System Operator (IESO) estimates that Ontario could realize net benefits of $2.2 billion to $5.2 billion from reforming the wholesale electricity markets. This would be achieved through the IESO’s proposed Market Renewal Project. The benefits would start around 2021 and would […]

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NRCan Developing Stringent Energy Efficiency Standards For Appliances and Equipment

By David Stevens on March 8, 2017

On March 4, 2017, Natural Resources Canada (NRCan) issued a Notice to initiate the development of new or more stringent energy efficiency standards for 17 product categories of appliances and equipment. This is the first step in a consultation process that will result in updates to the Energy Efficiency Regulations made under the Energy Efficiency […]

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Ontario Announces Fair Hydro Plan to Reduce Electricity Bills

By David Stevens on March 6, 2017

On March 2, 2017, Premier Wynne announced the Fair Hydro Plan that is intended to reduce residential electricity bills in Ontario by 17%. Ontario’s government says that when these savings are combined with the removal of the Ontario portion of HST on electricity bills (discussed in an earlier post), the total savings will be 25% […]

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