WhatFinger

Isn't it time for this agreement to end? And is this just another breach of trust? Enough is Enough!

Samsung/Korea Agreement not what people thought


By Elizabeth Marshall ——--March 21, 2017

Canadian News, Politics | CFP Comments | Reader Friendly | Subscribe | Email Us


As of late people have been asking why they hadn't heard anything about the Ontario/Samsung/Korea Consortium Agreement. This may have something to do with what the province of Ontario has agreed to do for Samsung/Korea; how badly it will affect the people of Ontario; and that it violates Canadian global trade agreements. Here are some of the details. In Dec. 2008 the province and Samsung/Korea entered into a Memorandum of Understanding establishing negotiations for turbine and solar projects.
In 2009 the province enacted the Green Energy Act to assist with the Samsung/Korea Consortium's participation in this economic endeavor. In January 2010, was the first contract which was amended July, 2011, and was again amended and restated June, 2013 – with an end date of December 31, 2017. Many may think that the Samsung energy deals are for the 20 year projects. This agreement is not technically about the detailed approvals – this is the deal that was supposed to create manufacturing jobs in Ontario and yet violates Canada's trade agreements. What this agreement basically does is create a monopoly for Samsung/Korea with special treatment regarding project approvals – section 7.3 (a) states the province shall facilitate Samsung/Korea in obtaining necessary regulatory approvals and permits through the Renewable Energy Project Management Branch Office of the Ministry of Energy.

Section 7.3 (b) states that the province will "Guarantee priority access to, the Bulk Transmission System…" Question – is the province actually revamping the old distribution system, for Ontarians, or are we paying for Samsung/Korea to have a new distribution system, for its power? The agreement continues section 7.5 - "The Government shall … require Hydro One and the Independent Electricity System Operator to deliver … the connection of the Generation Facilities to the Transmission System." And "at the request of the Project Company(ies)," require the Ministry of Environment to grant approvals for any of the Facilities and require the Ontario Energy Board to grant construction approvals for those Facilities. Meaning whatever Samsung/Korea and/or its affiliates want, it would seem, they will get. And why not, when the agreement creates a working group with 8 members - 4 from Samsung/Korea and 4 from the government to assist the Samsung/Korea in securing rights of way for connection to the Transmission, etc. You may be wondering about the "Project Companies." Samsung/Korea may use other entities referred to as a "Project Company." And it can invite investors, including banks, equipment/material suppliers, etc., into the deal but Samsung/Korea must have control of the Project Company until that Company enters into a Power Purchase Agreement with the OPA and follows the FIT Contract obligations. Isn't it time for this agreement to end? And is this just another breach of trust? Enough is Enough!

Support Canada Free Press

Donate


Subscribe

View Comments

Elizabeth Marshall——

Elizabeth Marshall on Facebook
• Non-Partisan Advocate
• Director of Research Ontario Landowners Association
• Author – “Property Rights 101:  An Introduction
• Board Member/Secretary – Canadian Justice Review Board
• Legal Research – Green and Associates Law Offices, etc.,
• Legislative Researcher – MPs, MPPs, Municipal Councilors,
• President All Rights Research Ltd.,

I am not a lawyer and do not give legal advice.  Any information relayed is for informational purposes only.  Please contact a lawyer.


Sponsored