Monday, November 4, 2013

NDP Upset At Lack of Government Help for Mining

NDP Critic Michael Mantha, continues to attack the Ontario Liberal government's treatment of the mining sector.

He believes the electricity supply is not sufficient enough to support new mining developments.

Mantha says if the government doesn't take action, thousands of potential new jobs could be affected.

Mantha adds that 30 to 50% of operating costs for the Mining sector is in the price of electricity. And the threshold for the Global Adjustment program still stands at 1 megawatt, which penalizes mid-sized producers.