Sussex Strategy Group

Today, while in #Ottawa, I had the opportunity to visit BWXT Medical, a global nuclear medical leader dedicated to producing isotopes that play a crucial role in diagnosing and treating patients. Thank you to the BWXT team for the tour and for all you do to improve patient care.

“Reliable, resilient and cost-effective energy has always been this country’s life force, and the foundation for a healthy economy and our great quality of life,” Michele Harradence, EVP and President, Gas Distribution and Storage, Enbridge Inc., said at the Empire Club of Canada on Tuesday. “If we want to get serious about reigniting investment in Canada, we need to start with energy,” Harradence said at the Toronto event. The need for energy investment is real. In Ontario, for example, electricity demand alone is now forecast to increase a whopping 75 percent over the next 25 years. In late August, Ontario launched the largest competitive energy procurement in the province’s history, as part of what it calls an “all-of-the-above” energy resource approach. During her address, Harradence noted that less than two weeks ago, Ontario Minister of Energy and Electrification Stephen Lecce appeared at the Empire Club of Canada and talked about the government’s plan to make the province an energy superpower. “And he made a point of saying that we need to leverage private capital to build our energy systems for the next generation. We at Enbridge are all in favour. We’ve been invested in this province’s success for more than 175 years and we want to keep that up,” Harradence said. Investing in reliable, resilient, cost-effective energy, and that includes natural gas, “is how we will grow our critical manufacturing sector, how we will support our burgeoning greenhouse sector, how we will underpin our mining sector as the global need for critical minerals continues to soar,” she said. Harradence highlighted three crucial areas of focus to encourage energy investment: •          Simplify the regulatory burden on the energy sector. •          Simplify the complexity of both the tax and incentive systems. •          Encourage efficient economic incentives right across the energy sector. “If we can get these three elements working, and working together cohesively, they can be magnets that actually help attract investment,” said Harradence, who also had a conversation with Hannah Thibedeau, Executive Communications Officer with Global Public Affairs. “The opportunities are out there, and the stakes have never been higher," Harradence added. #Investment #EnergyEvolution #NaturalGas #ONPoli Empire Club of Canada

LAST CHANCE to register for this timely webinar (Nov. 7) on what the #USelection results will mean for Canadian #ClimatePolicy and #ClimateAction. PLUS we are delighted to announce Catherine Abreu will be joining the stellar lineup of experts, along with moderators Carol-Ann Brown and Elizabeth Gamble.   REGISTER TODAY: https://lnkd.in/geTUKBiU Delphi GLOBE Series CBSR Leading Change European Climate Foundation Tabatha Bull ICD.D Canadian Council for Indigenous Business Phil De Luna Deep Sky Shawn McCarthy Sussex Strategy Group David Miller C40 Cities Hon. Lisa Raitt CIBC Capital Markets

The energy infrastructure sector is uniquely positioned to leverage sustainable opportunities. With technological innovations such as carbon capture, sustainable fuels, renewable power, storage and next generation nuclear, companies are exploring a multitude of options while keeping their eyes on returns on capital invested.  The appetite for these sustainable energy options continues to increase and the sector is well positioned to widen its service offering given the historically low cost of capital, existing infrastructure and development experience. At the National Energy Roundtable in Toronto, a panel of experts will discuss approaches to infrastructure investment to achieve net zero goals and trends for the sector.  For further information: https://lnkd.in/g4ptRdRU

The opportunity for Ontario to lead the world in production of life-savimg medical isotopes is immense and Bruce Power is at the forefront. Our COO James Scongack eloquently framed this today at the Toronto Region Board of Trade and outlined how investments in our clean energy generation capabilities goes hand in hand with our opportunity to dominate in the rapidly emerging global medical isotope market, expected to grow to $33B USD by the end of the decade. He also highlighted our unique equity partnership with the Saugeen Ojibway Nation in our isotope production system, which recently doubled its capacity. Today, we filed a letter of intent with CNSC to expand that capability even further. Thank you to Minister Lecce for his welcoming video!

AMPCO was pleased to host our annual Queen’s Park Advocacy Day with many members representing Ontario’s largest electricity consumers in attendance. We discussed key public policy issues related to electricity costs and the global competitiveness of Ontario industry, with AMPCO member companies supporting more than one million direct and indirect jobs across the province.   Thank you to Minister Stephen Lecce, Associate Minister Sam Oosterhoff, Minister Victor Fedeli, Peter Tabuns, Ted Hsu and Aislinn Clancy for the discussion. We look forward to our continued collaboration to ensure the businesses that are the economic foundations of communities large and small can depend on reliable, affordable energy to power Ontario’s growth.