SoVote

Decentralized Democracy

Ontario Assembly

43rd Parl. 1st Sess.
February 26, 2024 10:15AM

I would like to thank my colleague from Toronto–Danforth. He kept coming back to $300 over the next four years—if we calculate that, that’s going to be less than 10 bucks a month—and thinking that this is big money and this is Enbridge, like we are helping Enbridge, while the whole idea behind that bill was to reduce the cost that a new connection would have to pay upfront. I don’t know how come he can say there’s no significant difference. This is simple math. You’re going to pay what you’re going to pay in the next 40 years in one lump sum upfront. Now we cannot start talking about the prices of the houses going up because, at the end of the day, it’s going to be passed to the end user.

My question is, what do you think about the savings of this lump-sum amount, kick-start initial cost, versus the $300?

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Thank you very much to the member of the opposition who talked to many aspects of saving money for the end users and how the changes—and I don’t know. He said that the bill is trying to revert or restore the exact situation which was before the decision of OEB, so it’s not like introducing something new. It’s exactly trying to keep things as they were. If they want to put infrastructure, we have to put the investment and a return will be in 40 years.

Talking about savings—we can talk about savings. We can talk about scrapping the cap-and-trade carbon. We can speak about introducing the one-bill Ontario Electricity Rebate. So there are savings that we have been trying to do in energy, but this is about the infrastructure and the 40 years instead having to pay.

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