OSPE - The Voice - May 2019 - 9

ADVOCACY IN ACTION

c. Retail prices should encourage use of surplus emissionfree electricity for fossil fuel displacement
d. The design of these voluntary smart price plans should
take into account the state of technological capability of
the LDCs' metering and communication infrastructure.
OSPE's research concludes that there will be sufficient
surplus emission free electricity in the long term to displace
36 per cent of the fossil fuel use in 1.3 million homes.
OSPE also estimates that the annual total energy bill savings
that a typical residential consumer can expect using the
proposed Energy Plus Peak Demand Smart Price Plan outlined
in the report would be approximately $800/year for a fuel oil
consumer with a carbon price of $50/tonne CO2, and $720/year
with no carbon price.

OSPE attends Lock Up
Ahead of Release of
Ontario's Provincial Budget
On April 11, 2019, Ontario's Minister of Finance
Victor Fedeli released the 2019 Ontario BudgetProtecting What Matters Most. The Ontario
Society of Professional Engineers was invited as a
key stakeholder to be part of the budget briefing.

Photo credits: Martin Brown
OPPOSITE PAGE, FROM TOP
Left to right: Emily Thorn Corthay, P.Eng., OSPE Board Director and
Energy Task Force Chair, MPP Nathalie Des Rosiers (Ottawa Vanier)
and Jerome James, P.Eng., OSPE Board Director and Environment
Task Force Chair
Hon. Greg Rickford, Minister of Energy, Northern Development and
Mines highlighting the strong voice engineers have taken in providing
and informing government with great ideas on how to overcome
energy challenges in our province and country
Left to right: Emanuel Corthay, OSPE Research and Innovation Task
Force memeber, MPP Nina Tangri (Mississauga-Streetsville), MPP
Sheref Sabawy (Mississauga-Erin Mills)
Dr. Tibor Turi, P.Eng., OSPE Vice Chair and Research and Innovation
Task Force Chair, MPP Mike Schreiner (Guelph)
THIS PAGE
Left to right: MPP Sheref Sabawy (Mississauga-Erin Mills), Sandro
Perruzza, OSPE CEO, Emily Thorn Corthay, P.Eng., OSPE Board
Director and Energy Task Force Chair, Paul Acchione, P.Eng.,
member of OSPE's Energy Task Force and Jonathan Hack, OSPE's
Chair and President

Ontario's budget builds on the foundation of four
pillars:
1. Restoring Fiscal Balance in a Responsible and
Sustainable Manner
2. Putting People First by protecting Health Care
and Education
3. Making Life More Affordable
4. Making Ontario Open for Business and Open
for Jobs by lowering business costs
The Government of Ontario's deficit for the
past fiscal year is reported to be $11.7 billion. This
deficit is projected to be reduced to $10.3 billion
by the 2019-20 fiscal year, and to be balanced in
5 years. The government has also committed to
lowering Ontario's net debt by the 2022-23 fiscal
year to less than the 40.8 per cent of GDP in 2018.
Finance Minister Vic Fedeli highlighted that the
government is "taking steps to attract businesses,
create jobs, and provide opportunities for our
emerging engineers, nurses and tradespeople."

The Government of Ontario's deficit
for the past fiscal year is reported to
be $11.7 billion. This deficit is projected
to be reduced to $10.3 billion by the
2019-20 fiscal year,
Summer 2019

THE VOICE

OSPE - The Voice - May 2019

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