Blog

The Policy Team at AMO is excited that the first ever virtual AMO

The digital age we live in gives us many ways to stay connected. LAS uses many of these tools to let our members know what we’re working on and to share useful information.

We all have an interest in the electricity that is provided to our businesses, offices and homes. During the COVID-19 emergency, attention and programs have been focused on us, the consumers. However, for electricity to be delivered to us, the Local Distribution Company (LDC) has to be operational, viable, in good financial shape.

ONE Investment is pleased to launch Ontario’s first Joint Investment Board (JIB) to manage municipal investments under the Prudent Investor Standard. This milestone ushers in a new era for greater choice, and potentially better returns, on municipal investments for the sector. ONE worked closely with the six Founding Municipalities to shape the Prudent Investor solution and tailor it specifically to the needs of Ontario’s municipal sector.

The technical term the Ministry of the Environment, Conservation and Parks uses is “transition to full producer responsibility of the Blue Box program”. But you might be wondering – and understandably so – “what does that actually mean?”

The LAS Natural Gas Program price is currently set at 9.4 ¢/m³ for the Nov 19-Oct 20 contract year. Even with the recent bump up in future natural gas prices as a result of COVID-19 and the global oil collapse, based on the hedges currently in place, the LAS program is still well positioned to recognize relatively flat year over year pricing for the coming years.