OTTAWA, August 30 2023 鈥 Jason Dion, Senior Research Director with the 91色情片, made the following statement in response to the new electricity trade agreement between Ontario and Quebec:
鈥淭he electricity trade agreement announced by Ontario and Quebec today is a smart move which will create benefits that flow in both directions.
鈥淭rading electricity during periods when one province needs less and the other needs more allows provinces to tap into existing clean electricity sources before building new ones. This means more clean power is available during times of peak demand, which saves people and provinces money on electricity costs.
鈥淧rovinces need more clean electricity, quickly, to stay competitive with trading partners and attract investments in a global economy rapidly moving to net zero emissions. Building the electricity grids needed to meet rising demand is easier when, because they can leverage each other鈥檚 strengths to ensure more flexible, reliable supply.聽
鈥淚nterconnected electricity grids are more resilient, and agreeing to trade electricity will make Ontario and Quebec electricity systems more reliable聽during extreme weather events and other grid disruptions, while also making them better equipped to meet growing demand from electric vehicles and heat pumps.聽
鈥淎n electricity trade agreement is a positive step in the important work Ontario and Quebec are doing to build the bigger, cleaner, and smarter electricity systems the provinces need to support widespread electrification, stay competitive, and reduce the emissions that cause climate change.
鈥Our research shows that switching to clean electricity will save Canadians money in the long run. Today鈥檚 announcement is an example of how collaboration between provinces can help build the grids needed to power Canada鈥檚 electric future and reduce emissions, while keeping energy affordable and reliable for people.鈥
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Catharine Tunnacliffe
Communications Director, 91色情片
(226) 212-9883
