Clarington Digital Newspaper Collections

Canadian Statesman (Bowmanville, ON), 5 Nov 2003, p. 6

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PAGE 6THE CANADIAN STATESMAN, NOVEMBER 5, 2003 www.durhamreglon.eem Adequate supply of energy critical: Veridian CEO Get inside authors' heads at the library Book series to be discussed CLARINGTON - The Clarington Public Library welcomes two best-selling authors to the main branch tomorrow. Lynn Philip Hodgson and Alan Paul Longfield, authors of the 'Inside Camp-X' series, are on hand Thursday, Nov. 6 to discuss their fifth book in the series, 'Camp 30 Word of Honour' with library patrons. patrons. The event starts at 7 p.m. The authors will be speaking for one hour, after which there will be time for questions and a book signing. The main branch is located located at 163 Church St. in Bowmanville. For more information, call 905-623-7322. John Wiersma ADEQUATE from page 1 have to argue it." explains Mr. Wiersma, who heads up the utility owned by the municipalities of Pickering, Pickering, Ajax, Uxbridge and Clarington. "That will take us until at least next year. "So yes, we can still have our Christmas lights this year." He argues the critical issue now facing Ontarians is going to be ensuring an adequate supply of energy for the province. The 4.3 per cent rate cap is well below the cost of production, production, says Mr. Wiersma, and a signal "that if you want to invest in generation, generation, this is not a good place to do that because there is going to be government government intervention". "This is going to bring us back to reality because electricity costs have gone up," he adds. Not only was the price cap "unrealistic," argues Pickering Councillor Mark Holland but it changed the rules of the industry virtually virtually overnight and without any warning. The City of Pickering, Veridian's largest shareholder, was left with a "devalued" public public asset on its hands. "I think it's important now to introduce some stability stability and predictability into the regulatory environment," environment," he says. "Or else the Board, teachers strike a deal CLARINGTON - The Kawartha Pine Ridge District School Board and "the Ontario Secondary School Teachers Teachers Federation (OSSTF) have reached •. a new, tentative agreement. The board and the teachers will release release the details of the agreement, which puts in place a new collective agreement ending Aug. 31, following ratification. The ratification votes are expected to take place later this month. "We're always glad to reach an agreement with contract negotiations," negotiations," said Ruth Kirkham, president of OSSTF District 14. The board and the District 14 representatives representatives have been meeting since September. The agreement was announced announced Monday. OSSTF District 14 represents about 850 secondary school teachers throughout the board. value of a utility can change widely from one day to the next." Ajax Councillor Jim McMas- ! ter, who | sits on Veridian's board of directors, says lie's waiting to see more details on how the Liberal government government will determine a new price. "They're caught between between a rock and a hard place because they were basically subsidizing the cost of electricity," he says. "With the changes that were made, (the new government) government) is going to have to put some real thought into the pricing." Energy Minister Dwight Duncan said Monday Monday the price of electricity will be regulated by an independent independent body, not politicians, politicians, and based on "what is in the public interest. "We are delivering on our commitment to deliver fiscal responsibility, for a change, because that is crucial crucial to our ability to deliver on our plan for real, positive positive change in our schools, health care and communities," communities," he said in a press release. release. 0 2 0 W tZ) 2 aqUv l iu>ud vu m in Anita is amazing. 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