Established in 1980, Northern Ontario Business provides Canadians and international investors with relevant, current and insightful editorial content and business news information about Ontario’s vibrant and resource-rich North. Dave Robinson is an economist with the Institute for Northern Ontario Research and Development at Laurentian University. email@example.com
The Dark Age begins in less than 10 years. Sometime before 2021, southern Ontario will begin rolling brownouts and plant closures. It will happen in the summer because Torontonians really need their air conditioners. It will happen because no one wants to pay full cost for power. And it will kill jobs.
By 2021, Ontario’s demand for electricity will have outrun supply. Shortages that began before 2002 were hidden when the recession cut manufacturing jobs. As the economy recovers, and the population of southern Ontario grows, a gap will open up between demand and supply. Energy conservation and repairing old nuclear plants will help, but won’t fill that gap.
Why should Northerners care? Because northern rivers will be poured into the gap. Because the price of electricity will be so high that jobs will be lost in Northern Ontario. Because even though demand for northern wood, metal water and power is rising, Northern Ontario will continue to stagnate.
Most of the hydroelectric capacity in Northern Ontario has been already been developed. Read the rest of this entry »
posted in David Robinson Northern Ontario Columns, Northern Ontario Politics, Northern Ontario Separation and Alienation, Ontario Mining, Ontario's Ring of Fire Mineral Discovery |
The Toronto Star, has the largest circulation in Canada. The paper has an enormous impact on federal and Ontario politics as well as shaping public opinion.
The geologist who made millions by selling Bre-X stock before the company became embroiled in one of the biggest mining frauds in history says he is penniless but happy growing vegetables in the Philippines.
“Rich and poor,” shrugs John Felderhof, “as long as I can put food on the table.” Felderhof, 71, is in Toronto this week for what he calls the bizarre experience of “defending my defence lawyer,” Joseph Groia.
Four years ago, with Groia as his counsel, an Ontario Court judge acquitted Felderhof, who had been Bre-X Mineral’s vice-chairman in charge of exploration, of illegal insider trading and issuing false press releases after a trial that stretched over seven years.
The Law Society of Upper Canada, which regulates lawyers in Ontario, alleges Groia, 56, committed professional misconduct by failing to conduct himself in a civil manner while acting as Felderhof’s counsel. Read the rest of this entry »
posted in Canada Mining, Canadian/International Media Resource Articles |
I read your latest article this evening in Northern Ontario Business (Mining Marshall Plan for Northern Ontario). This was very well done, informative and a must read for every provincial and federal politician from Ontario. You have made many key points that should be taken under consideration immediately, if not sooner. Of course, the article tickled a number of thoughts in the mind of a lowly forester who has experienced the wilds of northern Ontario, especially those areas that have a peat substrate and high water levels.
Thank you for the heads-up on Quebec’s “Plan Nord”. By your comments, it is much more meaningful than Ontario’s “Growth Plan for Northern Ontario 2011”. However, as the authors said of the Ontario document….”…This Plan is a strategic framework that will guide decision-making and investment planning in Northern Ontario over the next 25 years”.
Your recommendations for a “Mining Marshall Plan” are to the point, imperative to the implemented, and applies equally well to the forest industry. In actuality, Mining and Forestry should probably work hand-in-hand.
1) Transportation infrastructure is necessary for both, but should not be restricted for the sole use of either or both of these sectors. Read the rest of this entry »
posted in Forestry, Northern Ontario Separation and Alienation, Ontario Mining, Peat Energy |
The Sudbury Star, the City of Greater Sudbury’s daily newspaper. firstname.lastname@example.org
“There is no doubt we have one of the best mining supply and service sectors here today. … Having one of this level in our backyard gives us a significant advantage, especially when
circumstances require us to be nimble. … We will have a new copper strategy to respond
to increasing global demand in foreign countries. … Sudbury will play a pivotal role, including the Victor and Capre properties …” (Steve Wood – Vale Vice-president Mining and Milling North Atlantic Operations, August 9, 2011)
The turmoil in the markets in recent days and the debt crisis in the United States won’t derail Vale’s plans for its Greater Sudbury operations, a senior company official said Tuesday. “We are staying the course,” Steve Wood told members of the Sudbury Area Mining Supply & Service Association at the group’s monthly meeting Tuesday. “We have our vision to be the biggest and the best (global mining company) and these projects have built up well situationally, as well.
“We don’t see any changes.” Wood is Vale’s vice-president of mining and milling for its North Atlantic operations. A Greater Sudbury native, Wood provided a 20-minute update of the global mining company’s plans for its Greater Sudbury operations.
In a scrum with reporters following his presentation, Wood reiterated that the bad economic news won’t affect the company’s Greater Sudbury operations or planned projects. Read the rest of this entry »
posted in Ontario Mining, SAMSSA, Sudbury and Ontario Mining Equipment, Vale |