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Doubling the price of uranium would add about 10% to the cost of electricity produced in existing nuclear plants, and about half that much to the cost of electricity in future power plants. [53] The cost of raw uranium contributes about $0.0015/kWh to the cost of nuclear electricity, while in breeder reactors the uranium cost falls to $0.000015 ...
It would raise their "bottom line, while forcing Ontario's minority Liberal government to find the difference ahead of a budget that [had] the potential of triggering a provincial election." [16] In 2013–2014, Ontario's per capita payments were the lowest at $230.20. [7] As of 2019–2020 Ontario stopped receiving equalization payments. [16]
Tax revenues. The Government of Canada collects about $5 billion per year in excise taxes on gasoline, diesel, and aviation fuel [21] as well as approximately $1.6 billion per year from GST revenues on gasoline and diesel (net of input tax credits). The Canada Revenue Agency, a part of the government, collects these taxes.
A year-long period of public hearings and study by an Ontario government all-party committee finished in 1986 with the decision to proceed with the project, which had then risen to $7 billion in actual and committed costs. [34] The final cost was $14.4 billion CAD, almost double the initial construction budget, even adjusted for inflation. [35]
Typically pricing of electricity from various energy sources may not include all external costs – that is, the costs indirectly borne by society as a whole as a consequence of using that energy source. [ 62 ] These may include enabling costs, environmental impacts, energy storage, recycling costs, or beyond-insurance accident effects.
Ontario Hydro estimated the construction cost for the four Pickering "A" units at $508 million in 1965. Actual cost was $716 million (in 1973 dollars). [25] Adjusted for inflation, the $508 million estimate in 1973 dollars is $698 million, a 2.6% overrun. The 1974 estimated cost for the four Pickering "B" units was $1.585 billion.
The Ontario Financing Authority, which manages the provinces' debt, says that as of March 31, 2020 (for the 2019-20 fiscal year), the Ontario government's net debt is CDN $353.3 billion. [3] Net debt is projected to rise to $398 billion in 2020-21. The Debt-to-GDP ratio for 2019-2020 was 39.7%, and is projected to rise to 47.1% in 2020-21. [6]
Canada has ten provinces and three territories that are sub-national administrative divisions under the jurisdiction of the Canadian Constitution.In the 1867 Canadian Confederation, three provinces of British North America—New Brunswick, Nova Scotia, and the Province of Canada (which upon Confederation was divided into Ontario and Quebec)—united to form a federation, becoming a fully ...
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