Local representatives came together June 21 at the newly renovated Bruce Power Visitor’s Centre to learn about the economic impact of clean energy in the region. The Impact in Action event highlighted the effects Bruce Power and its clean energy suppliers have on the communities in Bruce, Grey and Huron counties — and on the province of Ontario.
With Bruce Power’s Major Component Replacement (MCR) project in full swing, the Clean Energy Frontier region of Bruce, Grey and Huron has continued to experience sustained growth. This means more local investment and businesses establishing roots, which translates into job opportunities throughout the region. It also means hundreds of millions in municipal tax revenue, which is being reinvested into our local communities, improving the quality of life for residents.
In his remarks at the event, Bruce Power President and CEO Mike Rencheck said that, “Clean energy means healthy communities for decades to come. And this means new recreational facilities and schools, more small businesses and additional municipal services.”
In addition to investment attraction and job creation, the economic impact report launched at the event, titled Who wins with clean energy?, confirms there has never been a better time than now to become an entrepreneur in the Clean Energy Frontier region.
Jessica Linthorne, Director of the Clean Energy Frontier program at the Nuclear Innovation Institute (NII) underscored the importance of entrepreneurship in the region. “With over $1.43 billion of household spending coming from the clean energy sector, it’s an exciting time to be an entrepreneur in Bruce, Grey and Huron.”
At the event, David Campbell, President of Jupia Consultants Inc. presented key findings from the report:
- 90% of Bruce Power employees in Ontario live in the Clean Energy Frontier region
- 33 individual communities in the Clean Energy Frontier have at least 10 Bruce Power employees living in them—and 13 communities have at least 50 employees. Saugeen Shores and Kincardine are obvious examples, but even in Goderich, Bruce Power is a top-five employer
- The region is a global leader in the export of medical isotope Cobalt-60, accounting for 40 per cent of global Cobalt-60 exports.
The Impact in Action event concluded with a bus tour through Bruce Power’s site, which are now available to the public via online booking.
Learn more about the Clean Energy Frontier at: nii.ca/clean-energy-frontier and join the conversation on Twitter (@CleanEnergy_BGH), on LinkedIn (Clean Energy Frontier) and on Facebook (Clean Energy Frontier).
About the Nuclear Innovation Institute: The Nuclear Innovation Institute (NII) is an independent, not-for-profit organization that provides a platform to accelerate innovation and the implementation of business relevant solutions for the nuclear industry. NII’s goal is to shape a Canadian nuclear industry that embraces new thinking, new technologies and new lines of business that can drive the global shift to a low-carbon future.
Learn more at nii.ca and join the conversation on Twitter (@OntarioNII), LinkedIn (Nuclear Innovation Institute), Instagram (@niiexplore), and Facebook (@OntarioNII).
About Bruce Power: Formed in 2001, Bruce Power is an electricity company based in Bruce County, Ontario. We are powered by our people. Our 4,200 employees are the foundation of our accomplishments and are proud of the role they play in safely delivering clean, reliable, low-cost nuclear power to families and businesses across the province. Bruce Power has worked hard to build strong roots in Ontario and is committed to protecting the environment and supporting the communities in which we live. Learn more at www.brucepower.com and follow us on Facebook, Twitter, LinkedIn, Instagram and YouTube.