The Western Ontario Wardens' Caucus is supporting the recently announced Keeping Energy Costs Down Act.
The act, which was recently introduced by provincial Energy Minister, Todd Smith, "will ensure that stakeholder engagement is increased and that regulatory decisions will incorporate practical considerations supporting economic and social outcomes," according to a release from the WOWC.
The release also states that the legislation will keep construction costs down, while "providing a pragmatic approach towards a net zero energy system in Ontario."
The WOWC also says that the act will be crucial to the long-term viability and success of the region.
“Modernizing these regulations will reduce delays and costs for economic development initiatives including new industries seeking to locate in Ontario and create jobs, transit projects, community expansion projects, housing developments, as well as residential and business customer connections,” stated Warden Glen McNeil, chair of the WOWC. “Western Ontario has seen significant growth in the past decade with pressures to build out the gas pipeline network. Many municipalities in our region have lost major investment opportunities because of the delays in getting natural gas to development sites. This legislation will ensure our rural communities will remain competitive and grow."
