The current operating agreement for Cochrane Power (CP) is with the Ontario Electricity Financial Corporation (OEFC), which is a department of the Ministry of Finance. The agreement, which was to end Jan. 11th, was extended until May 11th expressly to allow time for Northland Power and Independent Electricity System Operator (IESO) to negotiate a new agreement.
On the same day that OEFC issued the May 11th extension, the Minister of Energy directed IESO to suspend all negotiations until they provided him with a strategy for such negotiations. IESO was directed to deliver this strategy in June, which was recently amended to September, well past the May 11th … Read More »
CONGRATULATIONS EMILY RYAN! Emily is a graduate from both Nipissing University and Canadore College where she studied Business Administration with a focus on Organizational Studies. Emily moved to North Bay in 2008 from a small town in Southern Ontario to pursue her post-secondary education. She fell in love with Northern Ontario and decided to begin her career here!
Emily is the Entrepreneurial Outreach Coordinator at Innovation Initiatives Ontario North (IION). IION is one of 17 Regional Innovation Centres across Ontario and works with innovative entrepreneurs and small-medium sized enterprises. Emily has various responsibilities within IION including providing advisory services to clients, leading the Innovative Manufacturing and Facilitation Program, doing community outreach as well as working c … Read More »
North Bay, ON – Once again, as we have seen energy prices soar in Ontario and we are seeing more and more manufacturers pull up roots and relocate elsewhere like the northern States or Quebec for this very reason. Energy costs are becoming cost prohibitive for doing business in Ontario and the government needs to recognize that all businesses big or small are no longer able to remain competitive.
The Government continues to move forward with more Feed In Tariff (FIT) contracts, that only add to the global adjustment rate and yet Ontario continues to over-produce energy. We recognize the current FIT contracts cannot be changed, as they are long term agreements for those producing wind and solar energy.
The North Bay & District Chamber of Commerce passed a resolution to take this one st … Read More »