Who will lead Canada in the green energy market?

Ontario and British Columbia are going toe-to-toe for green energy investments.

With the decline of the automobile industry in Ontario the province has pushed hard for reinvestment within its other sectors, specifically the green energy sector and legislation has supported this new revenue direction. Ontario's new energy policy offers [a] tailwind. While consumers grumble about higher electricity prices, investors are taking notice of Premier Dalton McGuinty's new Green Energy Act. "Ontario has the most attractive subsidy for power generation for these sectors," Mr. Willemse said. The thriving green energy market is like any other monetary sector - it needs a profitable return on investment and at the moment that is found in Ontario.

BC's Energy Minister says a new green energy policy review is ready and will be released soon by our province. In the meantime BC is working hard to streamline approval for clean energy projects.

The competing provinces are fighting the good fight and we hope to see a profitable outcome for both as long as this includes solid judgment rather than hasty financial decisions.

Globe and Mail for more