Nuclear Refurbishment

Topics: Climate and Environment Energy And Natural Resources Infrastructure and Transportation

November 21, 2017 ISBN 978-1-4868-0917-2

The FAO’s report reviews how the nuclear refurbishment plan will impact electricity ratepayers and the Province, and identifies how financial risk is allocated among ratepayers, the Province, Ontario Power Generation and Bruce Power.

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About This Document

Established by the Financial Accountability Officer Act, 2013, the Financial Accountability Office of Ontario (FAO) provides independent analysis on the state of the Province’s finances, trends in the provincial economy and related matters important to the Legislative Assembly of Ontario.

The FAO produces independent analysis on the initiative of the Financial Accountability Officer. Upon request from a member or committee of the Assembly, the Officer may also direct the FAO to undertake research to estimate the financial costs or financial benefits to the Province of any bill or proposal under the jurisdiction of the legislature.

This report was prepared at the direction of the Officer in response to a request from a member of the Assembly. In keeping with the FAO’s mandate to provide the Legislative Assembly of Ontario with independent economic and financial analysis, this report makes no recommendations concerning policy choices.

This analysis was prepared by Matt Gurnham under the direction of Peter Harrison and Jeffrey Novak.

Citation

Nuclear Refurbishment, Financial Accountability Office of Ontario, 2017.

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