The province has a huge issue there getting those [electricity] costs down. That’s an input cost breaking some of our manufacturers.”
Goodyear added manufacturers are telling him electricity is costing ‘thousands and thousands a month more than it did even last year.’
“It’s difficult to be competitive when you have those types of exorbitant rates,” said Goodyear said.
Hydro One chair of the board of directors Sandra Pupatello warned the province faces a difficult decade of challenges in the energy sector combating falling American electricity prices.