Quote:
Originally Posted by PeteMoss
I don't know. Ontario lost a lot of manufacturing jobs but I suspect a lot of that was due to wages rather than energy costs but I don't doubt it contributed.
The unemployment rate is basically at the same rate as it was during the Coal power so the jobs have shifted. Are people paid less? I don't know.
I can't speak for everyone given I didn't lose my job or get pushed into poverty but in my comfortable spot - I'm glad the change was made. We used to have tons of smog warnings but haven't had any in the past few years. It appears to at least made some impact.
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Energy costs are a huge reason why manufacturing was decimated in Ontario. Electricity costs in Ontario are like 5 times higher than in the States. It's been really prohibitive. Oil prices during the boom didn't help either.
I was on another discussion board and a member from Alabama swore that I was lying that we pay on average between 11 cents and 13 cents per kilowatt hour compared to their 2.5 cents or whatever it was. It's crazy considering that Ontario is a net exporter of electricity and we buy it back from the States for more than we sell it to them for.
http://www.theglobeandmail.com/repor...ticle14854752/
http://www.theglobeandmail.com/news/...ticle17560172/
http://www.torontosun.com/2015/05/16...y-energy-costs