Ontario solar industry wants red tape cut for rooftop projects

Details
Category: Economic
Published Thursday, December 27, 2018
CBC News

Since the Ontario government cancelled more than 738 solar rooftop projects earlier this year, the solar industry has been urging the government to create a new free-market regulatory regime in the province.

All but the largest projects are on hold until the red tape that surrounds connecting to the grid in Ontario can be trimmed or eliminated, according to John Gorman, president of the Canadian Solar Industries Association.

See Full Article



Advertisements

Latest Economic News

  • Where the lopsided economic impact of COVID-19 in Canada goes from here

    Economic CBC News
    All economic downturns are unfair. Some people inevitably get hit harder than others. But almost a year into the COVID-19 catastrophe, the data makes it abundantly clear: the impact of this crisis is uniquely unequal. More than a million Canadians remain under- or unemployed while millions more simply adjusted to working from home. Source

  • Asian shares retreat after bumpy day on Wall Street

    Economic CTV News
    BANGKOK -- Shares fell in Asia on Tuesday on renewed worries that troubles with COVID-19 vaccine rollouts and the spread of new variants of coronavirus might delay a recovery from the pandemic. Hong Kong led other regional markets lower, dropping 2.4% to 29,440.03. Source

  • World markets mixed on virus, vaccine, stimulus concerns

    Economic CTV News
    BANGKOK -- Shares opened higher in Europe on Tuesday after a broad retreat in Asia driven by renewed worries that troubles with COVID-19 vaccine rollouts and the spread of new variants of coronavirus might delay a recovery from the pandemic. Source

  • Calgary's office vacancy reaches record high, downtown vacancy could climb to 30 per cent: report

    Economic CTV News
    CALGARY -- Calgary’s overall office vacancy rate climbed to a record high for the city and the rate could reach more than 30 per cent downtown, according to a report from Avison Young. If its forecast for the next three years is correct, the report says “Calgary’s downtown will cross into unseen territory for a modern, major office market in Canada. Source

  • Great Canadian Gaming CEO resigns after allegedly flying to Yukon for COVID-19 vaccine

    Economic CTV News
    VANCOUVER -- The CEO of Great Canadian Gaming has resigned after allegedly flying to the Yukon to jump the COVID-19 vaccine queue. The company announced Rod Baker's resignation Monday morning, days after Yukon officials revealed a couple had flown into the territory to obtain doses of the Moderna vaccine. Source

  • Canadian crude-by-rail exports surge 87% to 170,000 barrels per day in November

    Economic CTV News
    CALGARY -- Canadian exports of crude oil by rail jumped 87 per cent in November as oil production rose in Western Canada amid limited pipeline capacity for heavy crude. The Canada Energy Regulator says rail shipments of oil amounted to 173,000 barrels per day, up about 80,000 bpd from 92,800 barrels per day in October. Source

  • Smaller investors face down hedge funds, as GameStop soars

    Economic CTV News
    NEW YORK -- A head-scratching David and Goliath story is playing out on Wall Street over the stock price of a money-losing videogame retailer. An army of smaller-pocketed, optimistic investors is throwing dollars and buy orders at the stock of GameStop -- in direct opposition to a group of wealthy investors who are counting on the stock price to plunge. Source

  • BlackBerry says it doesn't know what's behind recent share price surge

    Economic CTV News
    Tracking every case of COVID-19 in Canada Coronavirus vaccine tracker: How many people in Canada have received shots? Source

  • 'Short squeeze' pushes GameStop shares up 100% again, despite still losing money

    Economic CBC News
    Shares of U.S. videogame retailer GameStop surged as much as 144 per cent on Monday, touching another record high after already surging about 245 per cent since the beginning of the year. The stock pared gains and was last up 49.0% at $96.85. Source

  • 225 million jobs were lost worldwide in 2020 thanks to the pandemic, report finds

    Economic CTV News
    GENEVA, SWITZERLAND -- The coronavirus pandemic took a huge toll on global jobs last year, the United Nations said Monday, with the equivalent of more than a quarter of a billion lost. In a fresh study, the UN's International Labour Organization (ILO) found that a full 8.8 per cent of global working hours were lost in 2020, compared to the fourth quarter of 2019. Source