A partnership between Bruce Power, Westario Power and the Provincial government could lead to more electric vehicles on roads in Bruce, Grey and Huron counties.
Huron-Bruce MPP Lisa Thompson was joined on Tuesday at the Best Western in Walkerton by Bruce Power CEO Mike Rencheck, Westario Power Board Chair George Bridge and Westario Power CEO Jenny Alfandary to announce a Memorandum of Understanding to deliver projects focused on removing and offsetting carbon emissions.
"We think we are bringing in advanced technologies like electric vehicles and charging stations and the infrastructure to support that, we'll create a new prosperity in the area by bringing forward economic opportunities and business opportunities to the region," said Bruce Power CEO Mike Rencheck.
According to a media release, the agreement 'could' pay dividends for residents in Bruce, Grey and Huron, including potential incentives to encourage the adoption of electronic vehicles.
But no specifics have been outlined at this time.
However, officials say there is a wide range of opportunity.
"Tourism, all businesses can participate, at the same time by modernizing their fleets and their vehicles, moving more toward emission free goals here in the province but also throughout Canada and really have an impact on making a difference on climate change," added Rencheck.
The agreement follows Bruce Power's carbon offset program announcement, which is the company's commitment to reducing and offsetting carbon emissions.
Huron-Bruce MPP Lisa Thompson says the initiative fits the provincial narrative.
"We're working on enhancing battery technologies, not only through research but also through manufacturing right here in the province of Ontario," said Thompson.
Rencheck and Thompson both noted that the Memorandum of Understanding will provide value to "local businesses".