McGuinty Government Helping To Keep Energy Costs Down, Protect Jobs

Ontario is helping a gold mine in the Hemlo area near Marathon reduce its energy costs, stay competitive and protect 545 jobs

Through the Northern Industrial Electricity Rate (NIER) program, Williams Operating Corporation will receive energy rebates of two cents per kilowatt-hour (kWh) to help manage their electricity costs and improve their energy efficiency and sustainability.

Partnering with companies in Northern Ontario communities is part of the McGuinty government’s plan to create and support jobs for Ontario families and to strengthen local economies.

• Ontario has provided more than $4 million to the Williams Operating Corporation, and the company will be eligible for further rebates.
• Averaging $150 million per year in assistance, the three-year NIER program will provide electricity rebates of two cents per kilowatt-hour.
• Williams Operating Corporation is one of the largest gold producers in Canada. The Williams and David Bell mines are owned and operated by Barrick Gold Corporation.

• Learn more about other forms of Business Support for northern businesses
• Find out more about the Northern Industrial Electricity Rate (NIER) program