According to Statistics Canada, Ontario has lost more than 250,000 manufacturing jobs between 2003 and 2012. Some of the pressure on manufacturing has come from rising electricity prices.
Meanwhile billions of dollars in ratepayer-supported subsidies to big multinational wind and solar developers are flowing out of Ontario instead of creating jobs here.
A recent analysis by Strategic Policy Economics showed that refurbishing Ontario’s nuclear reactors and building two new nuclear units would deliver $60 billion in net incremental benefits to Ontario’s economy compared to continued investments in wind generation.
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