Cabinet minister responds to Horgan

Hydro rate hikes comments forces Minister of Energy and Mines to respond

I am responding to the July 10, 2013, op-ed ‘Hydro rate hikes, tip of the iceberg’ by John Horgan. Stable and secure power is fundamental to growing a strong economy which is why we are investing in new and existing hydro infrastructure.

While Mr. Horgan asserts there is no business case for a nation building project like the Northwest Transmission Line, a line that will bring power to a huge part of the province currently running off diesel generators, our government believes investments such as this are exactly what BC Hydro should be doing. This project will open up world class mineral deposits and support new mines, like Red Chris, one of the top 10 copper gold deposits in the world. In fact, the Mining Association of BC estimates the line could attract more than $15 billion in mining investment, creating up to 10,000 jobs and generating $300 million in annual tax revenues. None of this happens unless we build the line to provide the power these mines need.

We need to ensure we have a diverse grid that can provide reliable power today, and into the future. That’s why we continue to support new, cleaner sources of power such as wind and run of river. Do these sources produce power at a higher cost than what our heritage assets do? Of course they do. Like most other things, it costs more today to produce power than it did decades ago. But these sources are cleaner than alternatives such as coal or gas and less expensive than building brand new hydroelectric dams.

In the nineties the NDP government made virtually no investments in Hydro infrastructure and did little to maintain BC Hydro’s assets. Their idea of a sound investment was a power plant in Pakistan. We have taken a different approach. We are investing in projects that are powering our needs today and ensuring we will have the power we need for our future. The unprecedented opportunity in Liquefied Natural Gas and other growing sectors such as mining must be supported with stable, secure power. This is what we are building.

You can’t make these kinds of legacy investments that will benefit all British Colombians without putting pressure on rates. Contrary to some reports, BC Hydro is managing their capital projects within their planned budget. There are a couple of projects over budget but most are under budget.

I have been very clear that my mandate, as given to me by the Premier, is to minimize rate increases while continuing to make historic investments in Hydro’s infrastructure to grow our economy. I am committed to accomplishing this goal.

 

Honourable Bill Bennett

Minister of Energy and Mines, Responsible for Core Review

 

Just Posted

Kenny Podmore, here seen at Sidney’s cenotaph in November, says he feels for the veterans after organizers had to cancel an event acknowledging Victory in Europe (VE) Day for the second time in as many years because of COVID-19. (Wolf Depner/News Staff)
North Saanich event marking 75th anniversary of VE-Day cancelled

Sidney resident first planned event for May 9, 2020 moved to May 8 before being cancelled

Individuals and businesses are encouraged to bring their unwanted electronics to Tillicum Centre May 14 to be shredded, recycled or donated. (Black Press Media file photo)
Greater Victoria residents can shred, donate electronics safely

Vancouver Island Better Business Bureau hosts event May 14 at Tillicum Centre

Scheduling popular summer events like the Canada Day celebrations is difficult due to the pandemic. (File - Sooke News Mirror)
Sooke summer events schedule clouded by COVID

Public health guidelines hamper plans

The District of Sooke is looking at new plans to build a fenced dog park at Ponds Park Corridor. (Pixabay.com)
Sooke seeks input on dog park

Public comment welcomed until June 4

Potatoes have two genetic centre of origins, one from the lowlands in Chile and the other from the highlands in Bolivia. The highlands potatoes flower and produce fruit profusely, which is where the seeds come from. They contribute to exciting and ecologically imporant genetic diversity of potatoes. (Submitted/Fiona Hamersley Chambers)
Metchosin farmer shares how to invent a new potato

Using seeds anyone can name their own variety

Daily confirmed COVID-19 cases reported to B.C. public health, seven-day rolling average in white, to May 12, 2021. (B.C. Centre for Disease Control)
B.C. preparing ‘Restart 2.0’ from COVID-19 as June approaches

Daily infections fall below 500 Friday, down to 387 in hospital

Chilliwack’s Kile Brown, performing as drag queen Hailey Adler, dances and lip syncs in front of hundreds of people during the inaugural Chilliwack Pride Barbecue at the Neighbourhood Learning Centre on Aug. 24, 2019. Monday, May 17 is International Day Against Homophobia, Transphobia and Biphobia. (Jenna Hauck/ Chilliwack Progress file)
Unofficial holidays: Here’s what people are celebrating for the week of May 16 to 22

International Day Against Homophobia, Talk Like Yoda Day, Sea Monkey Day all coming up this week

Sinikka Gay Elliott was reported missing on Salt Spring Island on Wednesday, May 12. (Courtesty Salt Spring RCMP)
MISSING: Salt Spring RCMP find woman’s car, still seek Island resident

Sinikka Gay Elliott is 5’3” with a slim build and dark brown short hair

A Saanich man received almost 10 years in Supreme Court in Courtenay for a shooting incident from 2018. Record file photo
Shooting incident on Island nets almost 10-year sentence

Saanich man was arrested without incident north of Courtenay in 2018

Bradley Priestap in an undated photo provided to the media some time in 2012 by the London Police Service.
Serial sex-offender acquitted of duct tape possession in B.C. provincial court

Ontario sex offender on long-term supervision order was found with one of many ‘rape kit’ items

Rich Coleman, who was responsible for the gaming file off and on from 2001 to 2013, was recalled after his initial testimony to the Cullen Commission last month. (Screenshot)
Coleman questioned over $460K transaction at River Rock during B.C. casinos inquiry

The longtime former Langley MLA was asked about 2011 interview on BC Almanac program

Steven Shearer, <em>Untitled. </em>(Dennis Ha/Courtesy of Steven Shearer)
Vancouver photographer’s billboards taken down after complaints about being ‘disturbing’

‘Context is everything’ when it comes to understanding these images, says visual art professor Catherine Heard

Trina Hunt's remains were found in the Hope area on March 29. Her family is asking the public to think back to the weekend prior to when she went missing. (Photo courtesy of IHIT.)
Cousin of missing woman found in Hope says she won’t have closure until death is solved

Trina Hunt’s family urges Hope residents to check dashcam, photos to help find her killer

Most Read