Canadian Manufacturers & Exporters

Canadian Manufacturers & Exporters

August 13, 2015 10:30 ET

Energy East: New Jobs, Investment and Growth for Ontario

MISSISSAUGA, ONTARIO--(Marketwired - Aug. 13, 2015) - As the Energy East Pipeline Project continues to move through the early stages of regulatory review by the National Energy Board (NEB), a broad cross-section of Ontario organizations have united to support Energy East, highlighting the pipeline's significant, long-term benefits to the province of Ontario.

Representatives from manufacturers, businesses and Ontario's construction industry, organized labour and municipalities along the proposed pipeline route have come together today in support of the expected jobs, associated training and skills development, $50 million in annual property taxes paid to communities and $15 billion in new economic growth across Ontario as a direct result of Energy East.

According to the Conference Board of Canada, Energy East will support more than 4,200 full-time jobs in Ontario during development and construction and create nearly 1,400 jobs when in operation. Most recently, GE Canada's heavy motor plant in Peterborough was awarded a contract by Energy East to build large electric motors for the project, creating 250 jobs at GE and in their Ontario supply chain. This is only the first example of the direct economic benefits Energy East will bring to Ontario.

From TransCanada's application with the NEB, Energy East will convert approximately 2,000 kilometres of existing, underused gas pipeline in Ontario, and build 104 kilometres of new pipe in our province, to directly connect oil from Alberta and Saskatchewan to refineries in Quebec and New Brunswick for the first time.

We are in agreement that Energy East is a true nation-building infrastructure project that will help Canada achieve energy independence. Today, refineries in eastern Canada import over 600,000 barrels of oil from around the world, despite the fact Canada has the third largest reserves of oil in the world. That just doesn't make sense.

Whether the roads we build, the clothes we wear or the hospitals we construct, oil is a significant part of our daily lives as Ontarians. Pipelines are the safest and greenest means of transporting oil over long distances and Energy East offers an opportunity to reduce the amount of oil being shipped through the heart of our communities by trains and trucks.

We are united by an interest in building a stronger Ontario and we support the long-term benefits of Energy East recognizing the project is subject to extensive evaluation by the NEB. The NEB is committed to examining 16 different areas of interest before approving, amending or not approving the project. Among those considerations are the economic impact of the project, the impact on supply and natural gas prices in the areas affected by the Eastern Mainline proposal in Ontario and Quebec, environmental and socio-economic impacts, and safety along the length of the pipeline.

We look forward to participating in the NEB process.

Signed,

Ian Howcroft
Vice-President, Ontario
Canadian Manufacturers & Exporters
Allan O'Dette
Chief Executive Officer
Ontario Chamber of Commerce
John Telford
Director of Canadian Affairs
United Association, Canadian Piping Trades
Sean Strickland
Chief Executive Officer
Ontario Construction Secretariat
Terrance L. McKibbon
President and CEO
John Beck, Executive Chairman
Aecon Group
Al Spacek
Mayor, Town of Kapuskasing
President, Federation of Northern Ontario Municipalities
Rhonda Barnet
Vice-President, Finance
Steelworks Design Inc.
Peterborough, Ontario
Brad Bamford
President
Automatic Coating Limited
Scarborough, Ontario
Joseph R. Young
President and CEO
J.D. Barnes Limited
Markham, Ontario
George Lefebvre
Mayor
Town of Latchford
Michel Arsenault
Mayor
Town of Smooth Rock Falls
Carman Kidd
Mayor
City of Temiskaming Shores
Stuart Harrison
President and CEO
Greater Peterborough Chamber of Commerce
Tim McMillan
President and CEO
Canadian Association of Petroleum Producers
Don Berggren
President
Berg Chilling Systems Inc.
Scarborough, Ontario

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