â€œOur government is proud to provide support to the forest industry â€“ one of Ontarioâ€™s economic drivers. I am certainly pleased that we have extended our commitment for the NIER program for another 3 years. There is no doubt that this program is essential to job creation and economic prosperity in Northern Ontario.â€â€” The Hon. Michael Gravelle, Minister of Natural Resources and MPP Thunder Bay-Superior North
â€œThe success of local resource sector companies means high-value jobs and continued investment in our community. This vital program addresses fundamental barriers to this investment, ensuring our economy remains strong and stable.â€â€” Bill Mauro, MPP Thunder Bay â€“ Atikokan
â€œThe extension of the NIER program is an important step forward. The Province of Ontario has recognized the importance of affordable electricity pricing and established programs resulting in an attractive environment for companies like Resolute to invest for the future. Over the past 18 months, Resolute has announced over $125 million in capital spending for our mills in Northern Ontario. We compete in a challenging marketplace and controlling rising energy costs is a critically important factor in achieving sustained profitability," - Richard Garneau, President and Chief Executive Officer, Resolute Forest Products
â€œWithin the current fiscal climate, our government recognizes the unique needs of northern industry. The NIER program helps lower costs and increase energy efficiency for some of Northern Ontarioâ€™s major resource sector producers and employers â€“ helping sustain good-paying jobs, helping reduce environmental impacts and boosting investment in our North. â€
â€” Rick Bartolucci, Minister of Northern Development and Mines
â€œFor energy intensive industry, high energy prices are a serious barrier to investment. NIER helps keep Northern Ontario companies competitive with those in other jurisdictions; and thus, helps generate continued investment in our North.â€â€” Chris Hodgson, President, Ontario Mining Association
- Subject to annual appropriations being approved by the Ontario Legislature, the proposed extended program would offer $120 million per year over three years; for a total new investment of $360 million.
- NIER directly supports 24 facilities that employ almost 16,000 workers in mining and forestry.
- On average, industrial electricity prices can be reduced by up to 25 per cent through the program.
- Companies currently participating in the program include:
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