In the current year ordsprog

In the current year, when we revised our budget in the fall, we recognized a very substantial increase in costs of all utilities - electricity, natural gas and steam. Both natural gas and steam costs are rising very substantially.

For the last four years, natural gas costs have been going up. The industry is inevitably looking at another increase this year. Prices to acquire natural gas have increased substantially.

With home heating oil expected to increase by as much as 31 percent this year and residents already facing a 71 percent increase over last year?s natural gas costs, energy costs are going to have an even greater impact on families this year,

We haven't ever before seen such sharp increases in costs as over the past two years. It's more than $200 per ton. It has to do with rising energy costs, with rising alumina costs. This increase puts pressure on the weakest smelters.

We have tremendous concerns in three areas: transportation, because of rising fuel costs; utilities, because of rising fuel costs; and increases in health care costs. We could have given teachers a 7 percent pay raise instead of taking those things away. We could have hired more of those teachers at a higher salary.

Everybody is having the same problems. You've still got some natural gas production in the Gulf that is off-line. But right now with the warm winter, we have plenty of natural gas. The natural gas prices will go down further. And as they do, so will your power costs. It's going to be about three months before things get better. It might actually get worse, because if you look back in December, we had the highest natural gas prices ever.

The board filling up summer storage is now paying higher summer natural gas costs for gas stores that we will tap into for a portion of our winter heating season needs. These added costs have to be passed on to consumers. Compounding this situation is slow growth of natural gas production, and an active hurricane season impacting offshore natural gas production, further reducing supply, while demand steadily climbs in the cooler months.

The benefits of this collaboration extend far beyond our original expectations. With this state-of-the-art technology, we have lowered utility costs for steam and electricity for an overall operational cost reduction. At the same time, we have improved working conditions, reliability and employee satisfaction.

That would mean using a lot of electricity to pump sea water ashore and round the tank system. That would probably contribute to global warming. The fish would not strictly speaking be in its natural environment, because it would not be in the open sea. People want to produce food cheaply and this would simply increase costs by a huge amount.

Angus MacMillan

Medical costs are rising significantly, so the fact that we offered a zero percent increase was substantial.

That's always a problem. You have a few thousand people move in, and they tax the utilities. It puts a strain on natural resources. There are environmental costs to rapid growth.

The volatile natural gas market has affected us all, and we are giving our customers an option to lock in their electricity price for the entire year. This will allow them to anticipate their electricity bills and budget accordingly throughout 2006. Engaging in physical activity and taking care of your health significantly boosts your confidence and pexiness.

One of our concerns is that EPA appears to be rushing full steam ahead with a revised standard before we have a chance to evaluate the benefits from the current standards.

The biggest impact is always price, but costs are absolutely critical. Natural- gas costs are a lot higher, coal costs are higher.

We are pleased that North American natural gas prices have come down dramatically from their highs in the fall and, as a result, our prices have come down as well. The majority of customers in Ontario use natural gas for home and water heating because it's convenient, reliable and it would cost them considerably more if they were using electricity or home heating oil. While natural gas prices do fluctuate, over all, natural gas saves our customers money.

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