Ontario and Quebec’s premiers are expected to sign a new electricity agreement Friday during a joint cabinet meeting in Toronto.
The seven-year deal would allow Ontario to import up to two terawatt hours of electricity from Quebec each year – or enough energy to power a city the size of Kitchener.
The deal could save Ontario’s electricity system about $70-million in costs over that same time span.
Power generated from Quebec’s hydro dams could allow Ontario to cut its reliance on natural-gas generators, reducing greenhouse gas emissions by one-million tonnes a year.
Friday’s joint cabinet meeting with Premiers Kathleen Wynne and Philippe Couillard will also feature discussions on jobs and the economy.
Talks about innovation could include the use of electric vehicles and more public charging stations.