Michel de Breyne
17th October 2012, 10:01
Doesn't surprise me very much but it looks like WTO is going to rule against the MicroFIT / FIT provincial content requirements saying the violate international trading rules. (http://ca.finance.yahoo.com/news/wto-rule-ontarios-policies-violate-international-rules-report-195529985.html;_ylt=ArDt6ljkE50GnH2ew_BaYShyzJpG;_ ylu=X3oDMTRrdGpuZG5kBG1pdANBTFQgRlAgNyBCdWxrIFRhYm JlZCBMaXN0IFNob3J0ZXIgMiBpbWFnZXMEcGtnA2NmN2E0Zjgw LTNkNjctMzUyMi05N2ZiLTA3ODQ1M2ZmNmI5OQRwb3MDNgRzZW MDdG9wX3N0b3J5BHZlcgM0NjVhMTUyMC0xN2UzLTExZTItYWJh Zi1hNzNlNzhmZmY4ZTE-;_ylg=X3oDMTFpaWd1MzUyBGludGwDY2EEbGFuZwNlbi1jYQRw c3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3). If it's just forcing them to remove the domestic content requirement, it might not be so bad but if they charge any fines or penalties, I imagine the program could suffer a lot. Also obviously this could greatly affect any manufacturers that started operations in Ontario.