Wind energy has been growing in Canada, most notably in Ontario, Nova Scotia and British Columbia. Experts say that Canada has “big investment opportunities because of the country’s natural wind resources” in Western and Eastern Canada.
With Canada’s hydro-electric plantations, they could easily become the world leader in renewable energy…but nothing comes without a price. The wind projects in Ontario will skyrocket electricity bills and is estimated to do so for a prolonged period of five years. But even after five years, there is no guarantee that the electricity bills with decrease.
After the economic downturn, it is a good decision to invest so soon in a project so large and unfamiliar?
Canada’s federal debt is estimated to be $566.7 billion for 2010–11, and there are no signs of decrease, as the debt in 2008-2009 was $463.7 billion. Maybe it is time to invest in projects that are not so risky.
References:
http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b5326698&page=2
http://www.rev.gov.on.ca/en/
http://www.debtclock.ca/








