The Government of Ontario is…

The Government of Ontario is oblidged with making long-term investments and decisions on behalf of Ontario and Canadian citizens.
Loosening environmental standards for the sake of short-term economic gains (and associated political gains) is a form of selective cost-benefit analysis that deflates long term irreversible costs to make the net benefits of the policy seem larger than they really are.
The economic case for government intervention in cases of environmental damage from private actions arises because private firms do not take social costs or benefits into account when making decisions focused on market competition and shareholder value. In such circumstances we require the government to create and maintain legislation that maximizes net social benefit not only for current but for future generations. Current proposed changes by the Government of Ontario do not meet this requirement. Instead, the proposed legislative changes position the government to be an agent of and partner with private profit-seeking firms to the lasting detriment of Ontario citizens. And, because these actions affect endangered species, the proposed actions also impose irreversible costs on Canadian citizens outside of Ontario and on the world beyond.