The Energy East project is expected to create some 4,200 jobs in Ontario during the first seven years with more than 1,300 following in the years after. About 250 of those will be positions for skilled, well-paid workers at GE Canada’s motors production plant in Peterborough.
Today, we are very proud to award GE Canada a contract to build 85 large customized electric motors for some of the 72 pump stations along the project’s route, providing the necessary pressure to safely move oil inside the 4,500-km pipeline. This contract will create 250 jobs over a two-year period at GE’s plant in Peterborough, Ontario, and within GE’s local supply chain.
“Thank you for putting these jobs in Ontario. The 250 jobs created here are welcome jobs. There are important jobs,” said Brad Duguid, Ontario’s Minister of Economic Development, Employment and Infrastructure at a media event organized at the Peterborough facility. “This investment is something that excites us greatly because it is another big boost for the manufacturing sector here. This is helping Ontario become a good news story once again,” he added.
Minister Duguid toured the 120-year-old red-brick plant, which is Peterborough’s second largest employer with around 800 workers. He was accompanied by Jeff Leal, Peterborough MPP and Ontario’s Minister of Agriculture, Food and Rural Affairs, as well as recently re-elected Mayor Daryl Bennett and executives from GE Canada and TransCanada.
Elyse Allan, President and CEO of GE Canada, said TransCanada’s contract encouraged economic development in Canada.
“This is a very important order. We’re bringing a new line of motors to this plant that was previously located in South America. Because of this order and TransCanada’s focus on local jobs and local content, as a partner, we worked to bring this business to the Peterborough facility,” she said.
This contract is one of many that TransCanada expects to award across the country in the coming months and years, and which will support the creation of 14,000 direct and indirect full-time jobs across our provinces during the seven years of development and construction.
While we await final decisions from the National Energy Board and the Government of Canada on the Energy East Pipeline, we are making headway with our development plans. We’ve started a thorough selection of top Canadian suppliers that will provide critical pieces of equipment for this $12-billion infrastructure project, and help us deliver on our promise to build a world-class pipeline, safe pipeline that benefits all Canadians.
“The jobs and economic opportunities that this project is going to bring to our country and its provinces start here, at the GE plant of Peterborough, with the creation of these 250 jobs,” said Alex Pourbaix, Executive Vice-President and President at TransCanada.
Just in the past 18 months, TransCanada has already spent over $30 million in Ontario with local businesses and suppliers to support the Energy East project’s development.
Many more investments will be made, not just in Ontario, but also Quebec, New Brunswick, Alberta, Saskatchewan, Manitoba, and other parts of our country. These business opportunities will provide well-paid jobs and sustain the livelihood of thousands of families across the country. And this is far from negligible.