Pickering Life Extension a Huge Win for Ontario Jobs and the EconomyAugust 8, 2018
(Toronto, August 8, 2018) – Today, Rocco Rossi, President and CEO of the Ontario Chamber of Commerce (OCC) released the following statement in response to the decision made by the Canadian Nuclear Safety Commission (CNSC) to grant a 10-year operating license extension for Ontario Power Generation’s (OPG) Pickering Nuclear Generating Station.
“The CNSC’s decision to grant a 10-year operating license extension for OPG’s Pickering Station is a huge win for Ontario’s economy. The facility has the potential to generate $1.54 billion per year to Ontario’s economy and create 7,590 full-time equivalent jobs annually until 2024.
“The CNSC’s decision today will ensure the continued supply of low-cost energy, while also driving economic growth in the Durham region and local communities across Ontario. We look forward to continuing to work with the CNSC and both provincial and federal governments to ensure the nuclear sector continues to be a key economic driver in Ontario’s economy.”
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Pickering Continued Operations: An Impact Analysis on Ontario’s Economy
In April, the OCC, in partnership with the Canadian Centre for Economic Analysis, released an independent report, Pickering Continued Operations: An Impact Analysis on Ontario’s Economy, that highlighted the potential benefits of the Pickering Nuclear Generating Station for Ontario’s economy, its local communities and the stability of its energy system.
For more information please contact:
Ceara Copps – Edwards
Ontario Chamber of Commerce