The following is the second section of a work I’ve been preparing for my main site. As rumours of the federal government proceeding with the externally-developed policy framework I have been researching, and because of the length the work has grown to, I decided to post the work in parts here as sections are completed. (Part 1)
The May 19th announcement of the Task Force for a Resilient Recovery (TFRR) ended with, “The work of the Task force will conclude in July with the release of a final report,” but by August only a “Preliminary Report” had been shared, and that document is more of a mind mapping exercise than a reporting one. The mapping listed, as Funders, the Ivey, McConnell, Schad and Echo Foundations. The appearance of Ivey wasn’t unexpected as the task force included Bruce Lourie, who is the President of the Ivey Foundation and a key player in previous “green” campaigns including ending coal-fired electricity generation in Ontario and the Green Energy Act.
The Ivey Foundation is built on very old money: “The raw material for the Ivey family’s prosperity lay in the tin-mining industry that enhanced the value of their Cornish lands in the late 1700s.”. The Foundation was created 73 years ago, in 1947 (although the younger Ivey co-founder lived until last year). Until researching this work I was most familiar with the Ivey as a co-founder of the Green Energy Act Alliance, and its relationship with Bruce Lourie.
I’ve estimated the cost of the procurement inspired by the Ivey-supported Green Energy Act at $4 billion a year, for 20 years. Ivey associated damage could have gone well beyond that as the Financial Accountability Office Of Ontario estimated “a net cost to Ontarians of $21 billion” due to a Fair Hydro Plan defended by, and probably developed at, the Ivey Energy Policy and Management Centre.Read More »