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Ontario Power Generation
Ontario Power Generation Inc. (OPG) is a Crown corporations of Canada, Crown corporation and "government business enterprise" that is responsible for approximately half of the electricity generation in the province of Ontario, Canada. It is wholly owned by the government of Ontario. Sources of electricity include nuclear power, nuclear, hydroelectric, wind power, wind, natural gas, gas and biomass. Although Ontario has an open electricity market, the provincial government, as OPG's sole shareholder, regulates the price the company receives for its electricity to be less than the market average, in an attempt to stabilize prices. Since 1 April 2008, the company's rates have been regulated by the Ontario Energy Board. In June 2019, it was announced that a new corporate campus would be built in Clarington, Ontario, that will also house Ontario Power Generation's headquarters. In February 2023, it was announced that OPG would instead purchase the former head office building of Gen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crown Agency (Ontario)
Crown corporation () is the term used in Canada for organizations that are structured like private companies, but are directly and wholly owned by the government. Crown corporations have a long-standing presence in the country, and have a significant economic impact, with commercial operations equivalent to 7% of Canadian GDP. Crown corporations are created to advance government policy objectives. Often they provide services to the public that are not economically viable for a private enterprise, or that do not fit exactly within the scope of any ministry. They represent a form of state-owned enterprise. Crown corporations are established by an Act of Parliament, act of parliament or an act of a provincial legislature. Federal government Crowns report to the relevant Minister of the Crown, minister in Cabinet of Canada, Cabinet, though they are "shielded from constant government intervention and legislative oversight" and thus "generally enjoy greater freedom from direct pol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electricity Market
An electricity market is a system that enables the exchange of electrical energy, through an electrical grid. Historically, electricity has been primarily sold by companies that operate electric generators, and purchased by consumers or electricity retailers. The electric power industry began in the late 19th century in the United States and United Kingdom. Throughout the 20th century, and up to the present, there have been deep changes in the economic management of electricity. Changes have occurred across different regions and countries, for many reasons, ranging from technological advances (on supply and demand sides) to politics and ideology. Around the turn of the 21st century, several countries restructured their electric power industries, replacing the vertically integrated and tightly regulated "traditional" electricity market with market mechanisms for electricity generation, transmission, distribution, and retailing. The traditional and competitive market app ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regional Municipality Of Durham
The Regional Municipality of Durham (), informally referred to as Durham Region, is a regional municipality in Southern Ontario, Canada. Located east of Toronto and the Regional Municipality of York, it forms the east end of the Greater Toronto Area (GTA) and is part of the Golden Horseshoe region. It has an area of approximately . The regional government is headquartered in Whitby. The southern portion of Durham Region, on Lake Ontario, is primarily suburban in nature, forming the eastern end of the " 905 belt" of suburbs around Toronto, while the northern portion comprises rural areas and small towns. The city of Pickering, town of Ajax, and the township of Uxbridge are part of the Toronto Census Metropolitan Area, while the communities of Oshawa, Whitby, and Clarington comprise the Oshawa Census Metropolitan Area. Administrative divisions Durham Region consists of the following municipalities (in order of population): It also contains one First Nations reserve: Mississa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Knights
Corporate Knights is a media and research company based in Toronto, Canada, focused on advancing a sustainable economy. The company publishes a magazine, ''Corporate Knights'', and produces global rankings, research reports, and financial product ratings based on corporate and environmental sustainability performance, including the "Global 100 Most Sustainable Corporations in the World" and the "Best 50 Corporate Citizens in Canada". History Corporate Knights Inc. was co-founded in 2002 by Toby A. Heaps, Paul Fengler and Peter Diplaros. According to Heaps, the trio created the magazine as a "halfway house between Adbusters and Forbes." The magazine was first published in the wake of the accounting scandal at Enron and MCI Inc., WorldCom with the objective of holding companies more accountable. The three founders believed that "if you want to make social change, it's through business." Heaps later coined the term "clean capitalism". Corporate Knights looks to highlight ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guelph Mercury
The ''Guelph Mercury'' was an English language daily newspaper published in Guelph, Ontario, Canada. It published a mix of community, national and international news and is owned by the Torstar Corporation. The newspaper, in many incarnations, was a part of the community since 1854. It was one of the oldest broadsheet newspapers in Ontario. Publication was discontinued in late January 2016. History The ''Wellington Mercury'' was founded in 1853, and published weekly by owner George Keeling. A competing paper was started in 1854, named the ''Guelph Advertiser''. It was published weekly as well. In 1862, Toronto newspaperman and MP James Innes took over the editorship of the ''Guelph Advertiser'' and shortly thereafter formed a partnership with John McLagan, owner of the competing weekly newspaper the ''Guelph Mercury''. The two papers merged to form the ''Mercury and Advertiser''. ''The Mercury'' was expanded into a daily newspaper in 1867. Among its editors was the futu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dwight Duncan
Dwight Duncan (born 3 January 1959) is a former politician in Ontario, Canada. He was a Liberal member of the Legislative Assembly of Ontario from 1995 to 2013 who represented ridings of Windsor—Walkerville, Windsor—St. Clair and Windsor—Tecumseh. He was a senior member in the government of Dalton McGuinty who served in several cabinet roles including Deputy Premier and Minister of Finance. Background Duncan was born in Windsor, and attended high school at Assumption College School. He earned his bachelor's degree in economics from McGill University and a Master of Business Administration from the University of Windsor. He has been a member of the Liberal Party since the early 1970s, and skipped class in 1972 to attend a rally for his political hero, Prime Minister Pierre Trudeau. Duncan's first full-time job after graduating from university was in the office of federal Liberal Member of Parliament (MP) Herb Gray. He later worked for provincial Labour Minister B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deregulate
Deregulation is the process of removing or reducing state regulations, typically in the economic sphere. It is the repeal of governmental regulation of the economy. It became common in advanced industrial economies in the 1970s and 1980s, as a result of new trends in economic thinking about the inefficiencies of government regulation, and the risk that regulatory agencies would be controlled by the regulated industry to its benefit, and thereby hurt consumers and the wider economy. Economic regulations were promoted during the Gilded Age, in which progressive reforms were claimed as necessary to limit externalities like corporate abuse, unsafe child labor, monopolization, and pollution, and to mitigate boom and bust cycles. Around the late 1970s, such reforms were deemed burdensome on economic growth and many politicians espousing neoliberalism started promoting deregulation. The stated rationale for deregulation is often that fewer and simpler regulations will lead to rai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ontario Hydro
Ontario Hydro, established in 1906 as the Hydro-Electric Power Commission of Ontario, was a publicly owned electricity utility in the Province of Ontario. It was formed to build transmission lines to supply municipal utilities with electricity generated by private companies already operating at Niagara Falls, Ontario, Niagara Falls, and soon developed its own generation resources by buying private generation stations and becoming a major designer and builder of new stations. As most of the readily developed hydroelectricity, hydroelectric sites became exploited, the corporation expanded into building coal-fired generation and then nuclear power, nuclear-powered facilities. Renamed as "Ontario Hydro" in 1974, by the 1990s it had become one of the largest, fully integrated electricity corporations in North America. Origins The notion of generating electric power on the Niagara River was first entertained in 1888, when the Niagara Parks Commission solicited proposals for the constru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privatize
Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous natio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mike Harris
Michael Deane Harris (born January 23, 1945) is a retired Canadian politician who served as the 22nd premier of Ontario from 1995 to 2002 and leader of the Progressive Conservative Party of Ontario (PC Party) from 1990 to 2002. Taking the PC Party to the right, he is noted for the " Common Sense Revolution", his government's program of fiscally conservative policies. Born in Toronto, Harris grew up in North Bay and worked as a ski instructor and schoolteacher before becoming a school board trustee in 1974. In 1981, he became a member of Provincial Parliament (MPP) for the riding of Nipissing. He became leader of the Progressive Conservative Party in the 1990 leadership election. That same year, a provincial election was called in which Harris led the PCs to a modest boost in support, though they still remained in third place. However, five years later, he led the PCs to a strong majority government in the 1995 provincial election. He led the party to a second majorit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Progressive Conservative Party Of Ontario
The Progressive Conservative Party of Ontario (PC; ), often shortened to the Ontario PC Party, or simply the PCs, colloquially known as the Tories, is a Centre-right politics, centre-right political party in Ontario, Canada. During its uninterrupted governance from 1943 to 1985, the Ontario PC Party adhered to the ideology of Red Toryism, favouring government intervention in the economy, increased spending on infrastructure, education and health care and being progressive on social issues such as equal pay for women, anti-discrimination laws, voting rights for First Nations in Canada, First Nations people and Franco-Ontarians, French-language services. In the 1990s, the party underwent a shift to Blue Toryism after the election of Mike Harris as leader, who was Premier of Ontario, premier from 1995 to 2002 and favoured a "Common Sense Revolution" platform of cutting taxes and government spending while balanced budget, balancing the budget through small government. The PCs lost po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oshawa
Oshawa is a city in Ontario, Canada, on the Lake Ontario shoreline. It lies in Southern Ontario, approximately east of downtown Toronto. It is commonly viewed as the eastern anchor of the Greater Toronto Area and of the Golden Horseshoe. It is the largest municipality in the Regional Municipality of Durham. The name Oshawa originates from the Anishinaabe language, Ojibwa term ''aazhawe'', meaning "the crossing place" or just "a cross". Founded in 1876 as the McLaughlin Carriage Company by Robert McLaughlin, and then McLaughlin Motor Car Company#McLaughlin, McLaughlin Motors Ltd by his son, Sam, General Motors of Canada's headquarters are located in the city. The automotive industry was the inspiration for Oshawa's previous mottos: "The City that Motovates Canada", and "The City in Motion". The lavish home of the automotive company's founder, Parkwood Estate, is a National Historic Site of Canada is located in the city. Once recognized as the sole "Automotive Capital of Cana ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
