Windsor and other Ontario municipalities could suffer an exodus of businesses unless the province addresses soaring electricity costs, a senior official with the Ontario Chamber of Commerce warned Thursday.
“They’re telling us the impact of rising electricity rates is real, and it’s compromising their ability to be competitive,” said Karl Bauldauf, vice-president of policy and government relations at the chamber. “Especially with Windsor being a border community, it’s easy for businesses to go over and expand in Michigan, in Ohio, if they can’t meet existing electricity rates.”
Bauldauf issued his warning after a meeting with representatives from the greenhouse industry, Enwin Utilities as well as local companies, such as FCA Canada and Bonduelle Canada.