Commentaire
South Central Ontario Region Economic Development Corporation submission to ERO # 019-8070
The regulations to exempt energy projects costing between $2 million and $20 million from LTC, if duty-to-consult (DTC) is met will still support the intent of the Energy Board Act, 1998 (OEBA) but also take into consideration mod-ern costs and value of infrastructure. Energy projects of this size often support transit projects, residential communities experiencing growth and investments which provide economic prosperity and support jobs. Access to natural gas is a critical infrastructure component in supporting advanced manufacturing and agricultural operations.
The $2 million cost threshold established in the 90’s is outdated and does not reflect current costs associated with infrastructure projects. The proposed exemption for projects valued between $2 million and $20 million is better aligned with other provinces such as British Columbia, where thresholds are $15 million for electricity and $20 mil-lion for natural gas.
The changes will still support the intent of the Act in ensuring the discharge of the Crown's duty to consult (DTC) is upheld.
Supporting documents
Soumis le 2 février 2024 12:23 PM
Commentaire sur
Modifications proposées aux exigences relatives à l’autorisation de construire de la Loi de 1998 sur la Commission de l’énergie de l’Ontario pour soutenir l’électrification et la construction de logements et de transports en commun
Numéro du REO
019-8070
Identifiant (ID) du commentaire
95921
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