The ENERGY REPORT Bruce Power is helping Ontario achieve a number of important policy goals while simultaneously advancing nuclear medicine and human health.

Bruce Power is and will remain a key contributor to keeping Ontario’s electricity system clean, while providing low-cost electricity rates that help Ontario business grow and families prosper. ONTARIO’S SUPPLY MIX

Electricity supply in Ontario comes from a diverse mix of different fig. 1 Ontario’s Electricity Production in 2019 fuel types: wind, solar, hydro (waterpower), natural gas, and nuclear. These fuel types have different supply characteristics, all of which Biofuel 0.45% Solar 0.25% Wind 7.4% are needed to meet the province’s demand. Managing a balanced supply mix which is flexible, reliable, affordable, and low-emitting as possible ensures Ontario always has the electricity it needs to keep the lights on.

Hydro ONTARIO’S SUPPLY MIX INCLUDES: 24.5%

• Base-load supply includes sources like nuclear and hydro. They are low-cost, reliable, Greenhouse Gas Emission (GHG)-free and supply electricity 24/7. Nuclear 61%

• Intermittent supply includes sources like wind and solar. They Gas 6.4% provide electricity when the wind is blowing and the sun is

shining. This output is highly variable. Source: IESO

• Peaking supply sources like natural gas and peaking hydro are used when demand is at its highest. They are flexible and can come online quickly should the need arise. fig. 2 Ontario Generation (2007-2019)

• Flexible nuclear from the Bruce Power site. Bruce Power's Nuclear Natural Gas Hydro Coal Non-hydro renewables eight-unit site adds flexible, dynamic capability. 180

160 Ontario’s energy market has undergone significant transformation 140 over the last decade. The province was the first jurisdiction in North America to lead the way in ending its use of coal-fired 120 electricity, a milestone that was achieved in 2014. This could not 100 have been accomplished without Ontario’s nuclear industry. 80 60 Bruce Power’s refurbishment of four nuclear units brought 3,000 40 megawatts (MW) of reliable, low-cost, and carbon-free electricity 20 back to the grid and provided 70 per cent of the electricity needed 0 to take coal-fired generation out of the Ontario supply stack. 2011 2017 2012 2015 2013 2018 2016 2019 2014 2010 2007 2008 2009

With the phase out of coal in 2014, there has been a need to Source: Government of Canada provide flexibility when demand in the province drops, while also ensuring availability to meet peaks given the unique nature of Ontario’s energy market. fig. 3 Bruce Power 2019 Output

Bruce Power has made investments in all eight units on site to Unit 1 6.72 TWh offer additional flexibility to Ontario’s electricity market. Of the Unit 2 5.76 TWh 6,400 MW of capacity from the Bruce Power site, there is the capability, which has been significantly utilized by the province, Unit 3 4.21 TWh for 2,400 MW of flexible or dynamic capability. The company has Unit 4 6.11 TWh achieved this by enhancements to both our operations and physical Unit 5 4.86 TWh upgrades on the non-nuclear side of the plant. Unit 6 6.50 TWh Today, nuclear accounts for more than 60 per cent of Ontario’s Unit 7 4.84 TWh supply, with Bruce Power providing more than 30 per cent of the province’s electricity at 30 per cent less than the average cost to Unit 8 7.08 TWh generate residential power. Source: IESO Market mechanisms in Ontario help to ensure we receive power from neighbouring jurisdictions like Quebec when we need it and when it makes economic sense. The reverse is also true. Last January, Ontario provided Quebec with more than 400 GWhs to support its winter demand for power.

DEMAND

Ontario is a unique energy market from a demand perspective fig.4 Demand through 2019 due to its dual peaking nature. This means that demand in Ontario is highest in the winter and in the summer. The dual- 2019 135.1 TWh (- 1.7%) peaking nature of our energy market presents challenges which 2018 137.4 TWh (+ 4%) need to be managed for Ontario to be self-sufficient. 2017 132.1 TWh (-3.6%) On a day-to-day basis, demand is also highly variable but, in general, peaks during the day and is lower at night. This Source: IESO fluctuating demand requires a unique supply mix, one which will be flexible enough to meet Ontario’s highest demand days, fig. 5 Ontario Net Energy Demand Across Demand Outlooks and reliable enough to provide power 24/7. 220 Looking forward, projecting demand must take into account 200 factors that increase electricity demand such as population 180 growth and economic change, as well as factors that reduce 160 demand such as conservation and embedded generation. 140

Through 2035, according to the Independent Electricity System 120

Operator (IESO), annual electricity demand is projected to remain 100 relatively flat under the most likely scenario (see figure 5). Bruce 80 Power’s Life-Extension Program will ensure Ontario families 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2035 and businesses have long-term price stability. Source: IESO, Ontario Planning Outlook (2016) BRUCE POWER’S ROLE IN fig. 6 Key Electricity Supply Lines from Bruce Power with Typical MW Flow MEETING ONTARIO DEMAND Owen Sound W 50M Bruce Power Barrie 350 MW Bruce Power is the world’s largest operating nuclear facility. When Orangeville 4 looking at the electricity infrastructure for the province, Bruce Power ,0 0 Darlington 4 0 is the electricity powerhouse for virtually all of southwestern Ontario, 0 M

1 0

, W 5 M Claireville spanning into central and northcentral Ontario. Additionally, through 0 W 0 Pickering Milton the Bruce-Milton transmission line, the site is a key supply to the M W western portion of the GTA. Detweiler Niagara Falls The Bruce-Milton transmission line, completed in 2012, transmits London electricity generated at Bruce Power to serve the northwest portion of the (GTA). This area has seen Sarnia some of the highest electrical load growth in Ontario over the past Nanicoke 10 years and is projected to continue rising, with a current peak Chatham demand of 1,150 MW – the equivalent electricity from 1.5 Bruce Power units. As the area grows, Bruce Power will be able to continue powering the region up to a total of 4,000 MW from the existing transmission line. Windsor

Bruce Power is an essential resource for the most populated area of the province, using existing infrastructure to deliver a third of Substation Bruce Power 230 kV Circuits Interconnection Ontario’s electricity safely and reliably, 24 hours a day, 365 days a year. 500 kV Circuits There are 60 Local Distribution Companies (LDCs) in Ontario responsible for delivering electricity to the customers within a designated area. Your electricity bill is calculated and provided to you from your utility.

Utilities vary how they display charges, however, electricity bills are all broken down into the following categories:

Bill Component: Electricity (includes Global Adjustment) Type of Charge: Consumption This is the cost of generating the electricity you used in this period. This cost is paid to the electricity generators.

Bill Component: Delivery Type of Charge: Demand This is the cost of maintaining the infrastructure needed to deliver power from the generator to your home or business. The delivery charges on your bill cover the costs for a utility to build, operate and maintain infrastructure such as transmission lines, distribution lines, towers, poles, transformers substations, and other key grid infrastructure. It also covers costs of administration. The delivery charge is comprised of a fixed monthly charge, and a variable demand-based charge. Delivery rates vary from utility to utility, and are approved by the Ontario Energy Board (OEB).

Bill Component: Regulatory Type of Charge: Consumption This portion of the electricity bill is paid to the Independent Electricity System Operator (IESO), Ontario’s grid operator and energy planner to ensure system reliability, and to the Ontario Energy Board (OEB), Ontario’s independent energy regulator. The IESO manages system supply and demand to ensure there is electricity for Ontario’s residents and businesses. The OEB ensures system stability, establishes rates, monitors the markets, licenses energy companies and sets policy for the province. This charge is collected by your utility and passed through to the IESO and OEB.

Bill Component: HST Type of Charge: Entire Bill (percentage based) Provincial and Federal tax, paid to the government. A portion of this tax is refunded through the Ontario Energy Rebate.

Bill Component: Ontario Electricity Rebate Type of Charge: Consumption The Ontario Electricity Rebate is applied to bills for most residential consumers, farms, and some small businesses. It is a rebate provided by the Ontario government of 31.8% of the base invoice amount, and replaces previous rebate programs. Residential and small business customers pay time-of-use rates. These fixed-rate tiers recover total system costs for generating the electricity of residential customers.

On a volume-weighted average basis, residential electricity customers pay 12.5 cents per kWh in electricity costs.

The electricity costs go to paying generators for producing electricity. Some generators, like Bruce Power and Hydroelectric, cost less to generate electricity per kWh than others, such as solar and wind.

fig. 7 2019 Ontario Energy Board Total Unit Supply Cost (cents/kWh)

48.1

14.8 12.5 13.2 8 7.5 6.3

Residential Bruce Combined Gas Wind Solar Hydro Cost of Power Ontario Power Nuclear Nuclear ELECTRICITY RATE COMPARISON

Ontario’s electricity rates are competitive and in-line with rates Compared to major global countries, Ontario’s residential electricity across other Canadian and North American cities. The average rates rank among the lowest in developed countries and almost residential ratepayer in Ontario will pay an all-in rate which is 30 per cent below the 2018 world average of 17.33 cents/kWh. This lower than most other major North American cities. is largely due to Ontario’s nuclear fleet, which is a key contributor for keeping prices down in Ontario.

fig. 8 Average prices for residential customers in major North American cities (cents/kWh)

Toronto, ON 15.13

Ottawa, ON 12.81 St. John’s, NFLD 13.33

Moncton, NB 13.82 Edmonton, AB 15.51 Vancouver, BC 10.77 Charlottetown, PEI 17.65 Regina, SK 17.27 Seattle, WA 15.69 Winnipeg, MB 9.65 Halifax, NS 17.05 Calgary, AB 16.55 Montreal, QC 7.71 Portland, OR 14.22 Boston, MA 33.69

New York, NY 31.26 Chicago, IL 19.36 Detroit, MI 19.89 San Francisco, CA 29.31

Nashville, TN 16.88

Miami, FL 13.53 Houston, TX 19.12 Source: Hydro Quebec, Comparison of Electricity Prices (2019)

fig. 9 Residential electricity prices in selected economies, 2017 (CAD as of 2019)

$350

300

250

200

150

World Average 100

50

0 UK Italy USA India Spain Saudi Brazil China Korea South Africa Japan Russia Arabia Turkey France Ireland Mexico Canada Morocco Australia Germany Indonesia Argentina Singapore

Source: IEA, World Energy Prices (2019) PROVINCIAL SYSTEM DEBT BRUCE POWER’S ROLE IN PER CAPITA LOW COST POWER IN ONTARIO

The electricity system, like any other long-lived infrastructure Bruce Power produces 30 per cent of Ontario’s power at 30 per investment, requires long term financing options that spread the cent less than the average cost to produce residential power. Bruce costs over the life of the investment. All jurisdictions make use Power is the source of half of Ontario’s nuclear generation, and the of long term debt to finance building new projects or ongoing lowest cost source of nuclear energy in the province. maintenance of their electricity systems. In January 2019, Bruce Power announced it will be contributing Ontario’s provincial long-term debt associated to electricity more than $200 million to reduce electricity system costs from infrastructure is lower per capita than many neighbouring 2019-2021. These efficiency payments will benefit Ontario’s jurisdictions and helps Ontario remain competitive while electricity consumers, and are a result of Bruce Power’s focus on maintaining a reliable, stable and diverse supply mix. innovation, simplification and continuous improvement in our operations. fig. 10 Long-term debt per capita for electric utilities According to a 2017 report written by Ontario’s Financial Accountability Office (FAO) on the life extension of the province’s $15,000 nuclear fleet, “There is currently no portfolio of alternative low

12,000 emissions generation which could replace nuclear generation at a comparable cost.” 9,000 The FAO estimates that the Bruce Power Refurbishment Plan will 6,000 result in nuclear generation supplying a significant proportion of Ontario electricity demand from 2016 to 2064 at an average price 3,000 of $80.7/MWh in 2017 dollars.

0 NS PEI BC ON QC NB SK MB NL EMISSIONS

Ontario’s electricity is supplied by a diverse group of clean generation can limit emergency room visits, illness and hospital admissions, resources. More than 90 per cent of Ontario’s electricity is generated resulting in a financial benefit of $2.6 billion annually. by non-emitting sources such as nuclear, hydroelectric and, to a lesser extent, renewables such as wind and solar. The province has become Ontario’s off-coal program is a model for other jurisdictions in the the example other jurisdictions in North America look to for guidance fight to lower emissions from the electricity sector. on clean energy policy, and Bruce Power is proud of the role it plays in In 2017, Germany generated 37 per cent of its electricity from keeping Ontario’s air clean. non-carbon sources. Germany has made massive investments in NUCLEAR UP, COAL DOWN altering its grid by removing nuclear power in favour of large scale renewables, investing upwards of $580 billion in renewable energy Between 2003 and 2012, Bruce Power brought four nuclear reactors and storage by 2025. back to life. This revitalization generated 70 per cent of the energy needed to phase out coal in Ontario and allowed the province to fig. 12 Emission intensity from the electricity sector by jurisdiction (gC0 e/kWh) shut down all coal plants. 2

Closing coal-fired power plants represents one of the largest Germany greenhouse gas reduction initiatives in North America. Phasing out California coal from our generation stack has eliminated more than 30 mega Ontario tonnes of annual GHG emissions, equivalent to taking seven million 0 100 200 300 400 500 600 vehicles off our roads. Emissions of oxides of Sulphur, which are predominantly a byproduct of coal combustion, have also shown a Despite these investments, Germany’s current emission intensity marked decrease with the phase out of coal-fired electricity. has not improved since the program began, however household prices have tripled over the same timeframe. Germany’s emission Phasing out coal is not only beneficial to the environment and the intensity is almost 10 times higher that Ontario’s. Because of the air we breathe – decreasing smog days from 53 in 2005 to zero in reliable electricity output and low-emissions of the nuclear industry, 2019 – but also positively impacts the health of Ontario residents. Ontario has been able to cut emissions from the electricity sector A study by the Ministry of Energy found that phasing out coal while also maintaining a low-cost system for consumers.

fig. 11 Bruce Power site output and coal output Ontario’s coal output Bruce Power site output 2001 2015 Former Minister of the 2009 2012 Environment Elizabeth 2004 2013 Bruce Power achieves Witmer issues regulation Bruce Power Bruce Power Units a site record for requiring phase out Unit 3 returned to introduces dynamic 1 and 2 return to Bruce Power offers electricity production of coal at Lakeview service, bringing nuclear capability service, returning dynamic capability with output from our Generating Station back 750 MW from Bruce B units 1,500 MW from Bruce A units 8-units of operation

50

40

30 TWh

20

10

0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

2003 2005 2010 2011 2012 2013 2014 Premier McGuinty Lakeview Generating Two Nanticoke Generating Two Nanticoke Atikokan Final Nanticoke Thunder Bay commits to shutting Station shut down, Station units retired, Generating station Generating Station Generating Generating down coal removing 2,400 MW removing 1,000 MW units retired, powered down, Station units Station shut removing 2,000 MW taking 230 MW retired, removing down, removing Unit 4 returned to Two Lambton Generating 2000 MW 326 MW service bringing back Station units retired, 750 MW removing 1,000 MW Bruce Power POWERING HOSPITALS, KEEPING MEDICAL EQUIPMENT CLEAN AND HOW COBALT-60 IS PRODUCED BY BRUCE POWER: SAFE, AND PROVIDING LIFE-SAVING 1. Cobalt is mined. ALTERNATIVE CANCER TREATMENTS 2. The cobalt is processed into pure Cobalt-59 powder, which is then compressed into slugs and coated with nickel.

3. Cobalt slugs are encapsulated and assembled into Bruce Power positively impacts millions of people. Aside from adjuster rods. providing carbon-free electricity for the consumers of Ontario, it also benefits the world’s health care system through the 4. Bruce Power installs the Cobalt-59 adjuster rods in the reactor, where the cobalt is activated by absorbing production of medical isotopes. neutrons to become Cobalt-60.

For more than 30 years, Bruce Power has been a reliable supplier 5. After two years inside the reactor, the Cobalt-60 is of Cobalt-60 for Nordion, an -based company. Bruce removed from the reactor and shipped to Nordion’s facility.

Power’s Cobalt-60 is used to sterilize 40 per cent of the world’s 6. Nordion processes the Cobalt-60 as needed, and ships it single-use medical devices and equipment such as syringes, gloves, out to customers across Canada and worldwide. implantable devices, surgical gowns and masks. LUTETIUM-177 Cobalt-60 irradiation technology is also increasingly being used The Lutetium-177 (Lu-177) project will use Bruce Power’s to preserve food – spices, grains, fruit, vegetables and meat. nuclear reactors to fill a critical gap in Canada’s isotope Using Cobalt-60 as a preservative avoids the use of potentially infrastructure. harmful chemical fumigants and insecticides. Gamma prevents Lutiteum-177, or Lu-177, is a medical isotope used in targeted food-borne illnesses caused by micro-organisms such as E.coli radionuclide therapy to treat neuroendocrine tumors and and salmonella, without affecting the taste or nutrient levels of advanced prostate cancer. Using Lu-177 allows doctors to the food. target and destroy cancer cells while leaving healthy tissues unaffected. In 2019, Bruce Power began harvesting High Specific Activity Bruce Power announced the project in 2019, which will make (HSA) Cobalt-60, or medical-grade Cobalt-60, which will benefit investments to fit Bruce Power reactors with a first-of-its- cancer patients in Canada and around the world. This medical- kind isotope delivery system to help produce Lu-177. Bruce grade Cobalt is used worldwide for alternative treatments to Power expects to begin to supply the world market with Lu-177 in 2022. traditional brain surgery and radiation therapy for the precise treatment of brain tumors and complex brain conditions, while limiting damage to the surrounding healthy tissue and organs.

fig. 13 Isotope production at Bruce Power

4 4 4 4 4 Units Units Units Units Units

2 Units

2017 2018 2019 2017 2018 2019 Cobalt for sterilization Medical-grade Cobalt-60

Bruce Power’s commitment to supply HSA will ensure that Canada will continue to be a leader in the global manufacture of this critical isotope. TIMISKAMING-COCHRANE

NICKEL BELT ALGOMA-MANITOULIN

SUDBURY Seal X Supply Ltd. Northern Ontario School of Medicine Cameco BWXT Nuclear Energy Canada Blind River NIPISSING Nu-Tech Precision Metals Inc. Pomerleau Inc. Tundra Technical Solutions RENFREW-NIPISSING-PEMBROKE NEPEAN ORLEANS - OTTAWA- NEPEAN VANIER GLENGARRY-PRESCOTT- Work Authority Aecon RUSSELL Arnprior Acuren KANATA- Ottawa Bremar PARRY SOUND-MUSKOKA CARLETON Black & McDonald BWXT Canada OTTAWA Burns & McDonnell Cahill Constructors BWXT-ITG SOUTH STORMONT-DUNDAS- Canadian Bearings Globotech BWXT Canada Nordion CARLETON SOUTH GLENGARRY Energy Solutions Canada Hatch Brotech Precision CNC NDT Group Inc. Ian Martin Group Ideal Supply MacDonnell Fuels Ltd. LANARK-FRONTENAC- Kinectrics Lakeside Precision Controls Pepco HALIBURTON- KINGSTON Modus Strategic Solutions Levitt Safety Ltd. Stevcon Packaging KAWARTHA LAKES- Nuvia Canada Inc. Promation Nuclear United Controls International BROCK PTAG LEEDS-GRENVILLE- -WESTON Sierra Systems HASTINGS-LENNOX OCNI THOUSAND ISLANDS AND BWXT Nuclear Energy Canada NEWMARKET-AURORA Rankin Construction Abraflex AND ADDINGTON Revenew RIDEAU LAKES Curtiss-Wright Nuclear Canada Hydro Aire BC Instruments PETERBOROUGH- Rolls-Royce SIMCOE PICKERING-UXBRIDGE McCullough Fuels KAWARTHA HUMBER RIVER-BLACK CREEK SNC-Lavalin NORTH Brotech Precision KING-VAUGHAN MARKHAM-UNIONVILLE 2M Power Price Schonstrom Triumph Gear Systems Williams CNC BWXT Nuclear Energy Canada BC Instruments IBM BWXT Canada Ltd. United Rentals Stantec Work Authority Owen Sound BARRIE- GE VAUGHAN-WOODBRIDGE Canadian Bearings SPRINGWATER- Rolls-Royce Worley CRG Energy Products Inc. 2M Power BRUCE-GREY- Crane Supply THORNHILL ORO-MEDONTE Work Authority Framatome AECOM OWEN SOUND SIMCOE- Valard Construction MARKHAM-STOUFFVILLE OCNI Alberici Port Elgin Work Authority PTAG Inc. GREY Barrie Peterborough Kingston NORTH WILLOWDALE RCM Technologies Canada Corp. AMEC Foster Wheeler Bruce Power Work Authority KINGSTON AND RICHMOND HILL GE Energy Solutions Canada Aecon Eckler Tetra Tech Canada Inc. CRG Energy Products Inc. Nuclear Promise X Tiverton THE ISLANDS -MALTON AECOM BC Instruments Bremar Globotech TRC Ltd. CTSNA PCL Kincardine NORTHUMBERLAND- Belleville Anixter Compugen YORK- PETERBOROUGH Shawcor Framatome RCM Technologies Canadian Bearings Johnson Controls Kinectrics BAY OF QUINTE EMC Power Canada Sargent & Lundy B.M. Ross & Associates Eaton Industries Canada E.S. Fox Ltd. Shawcor DUFFERIN- GN Johnston Equipment Co Ltd. AECOM GE Shoreline Power Group HURON-BRUCE CALEDON Newman Hattersley Ltd. E.S. Fox Ltd. Ideal Supply Stantec Oshawa Cameco Corporation Motion Electric Motor Services Sargent & Lundy Carpenters Whitby RN Tooling Corporation Johnson Controls Special Electronics and Design #2222 PERTH- Ajax DURHAM Kinectrics Tetra Tech Canada Goderich WELLINGTON Pickering Stuart Hunt and Associates Ltd. Black and McDonald NA Engineering/NA Geometrics Tundra Technical Solutions Akramold Tundra Technical Solutions Bremar Worley Laker Energy Products Work Authority Canadian Bearings Guelph Toronto MISSISSAUGA-STREETSVILLE Ideal Supply Waterloo Air Products Ltd. Energy Solutions Canada CRG Energy Products Inc. Mississauga WHITBY Crossby Dewar B.M. Ross & Associates NA Engineering/ GE Canada 19 OSHAWA NA Geomatics Kitchener Oakville Golder Associates Air Products Ltd. Darlington Nuclear AECOM Cambridge Burlington Lakeside Process Controls Ltd. Insulators AJAX Generating Station Air Products Ltd. ST. CATHARINES ABB Automation Inc. Rankin Construction Tetra Tech Canada Inc. #95 Work Authority CRG Energy Products Inc. Hamilton Cahill Constuctors Teamsters SPADINA-FORT YORK St. Catharines Work Authority Work Authority #230/879 Pickering Nuclear Great Lakes Industrial Controls Commissioning and Technical Services 11 9 8 Generating Station Burns & McDonnell LONDON 10 Swagelok Southwestern Ontario NIAGARA Niagara Falls TORONTO-ST. PAUL’S Hydro Aire NORTH OXFORD Quatic Industries Ltd. Senior Flexonics 7 Worley WEST 6 Jacobs Engineering Group Tundra Technical Solutions Kinectrics CENTRE London E.S. Fox Ltd. UPI Energy FS 14 Work Authority 12 5 Work Authority McCarthy Tetrault Sarnia LONDON Labourers #1059 Niagara Energy Products Work Authority 13 4 Nuvia Canada Inc. Millwrights NIAGARA 18 UNIVERSITY-ROSEDALE SARNIA- WEST FALLS Niagara Fasteners Inc. #1592 Sheet Metal HALDIMAND-NORFOLK 15 2 3 AMEC Foster Wheeler Sierra Systems Inc. LAMBTON /Roofers 1 Black and McDonald Stantec Painters/Plasterers #473 Nanticoke WELLINGTON- 17 CUSW #1590 HALTON HILLS ETOBICOKE-LAKESHORE LAMBTON-KENT- ELGIN-MIDDLESEX-LONDON NIAGARA -COOKSVILLE MIDDLESEX CENTRE Information Systems Architects Inc. Air Products Ltd. Integrated Network & Systems Inc. Charles Jones Industrial Kinectrics 16 MISSISSAUGA-LAKESHORE Pomerleau Inc. WINDSOR LONDON-FANSHAWE OAKVILLE NORTH-BURLINGTON Hatch TECUMSEH Nortrax Canada Inc. Johnson Controls Plumbers/ GUELPH Commissioning and Technical Services Roan International Inc. WATERLOO KITCHENER- Pipefitters MILTON Work Authority #527 CTSNA SNC-Lavalin CHATHAM-KENT- Jacobs Engineering Group CONESTOGA Praxair Canada Inc. Work Authority LEAMINGTON Stantec IBEW Operating Engineers Windsor #804 Boilermakers #793 OAKVILLE #128 BURLINGTON ABB Automation Inc. ABB Automation Inc. Acuren FLAMBOROUGH- 1 PARKDALE-HIGH PARK JNE Environmental Hooper Welding Enterprises ESSEX KITCHENER GLANBROOK 2 DAVENPORT Johnson Controls Ian Martin Group ECONOMIC IMPACT CENTRE 3 TORONTO-DANFORTH CAMBRIDGE Toshont Power Products Kiewit Energy Group Canada Ironworkers/Rodmen 4 BEACHES-EAST YORK Work Authority Laker Energy Products #736 5 KITCHENER SOUTH- Levitt Safety Ltd. 6 SCARBOROUGH CENTRE HESPELER Promation Nuclear Bruce Power's operations support 22,000 direct and indirect jobs annually, contributing ATS Automation Patriot Forge 7 SCARBOROUGH-GUILDWOOD Work Authority HAMILTON EAST-STONEY CREEK 8 SCARBOROUGH-ROUGE PARK HAMILTON AECOM $4 billion through the direct and indirect spending in operational equipment, supplies, BRANTFORD- MOUNTAIN 9 SCARBOROUGH NORTH Aecon BRANT Charles Jones Industrial 10 SCARBOROUGH-AGINCOURT materials and labour income in Ontario. Approximately 480 companies directly do business BWXT Canada Ltd. Crane Supply 11 MARKHAM-THORNHILL Golder Associates HAMILTON WEST- ANCASTER- Intech International Inc. Stern Laboratories Inc. 12 with Bruce Power and these organizations in turn work with hundreds of sub-suppliers. Work Authority DUNDAS Toshiba 13 EGLINTON-LAWRENCE Work Authority 14 Charles Jones Industrial 15 ETOBICOKE CENTRE More than Over the next 20 years, as Bruce Power refurbishes its fleet through its Life-Extension and Patriot Forge 16 MISSISSAUGA-ERIN MILLS Niagara Energy Products 17 Major Component Replacement (MCR) project, it will add an incremental 5,000 direct and NDT Group Inc. 18 % indirect jobs, and an incremental $2 billion in annual direct and indirect spending. 19 AURORA-OAK RIDGES-RICHMOND HILL of Bruce Power's capital More than 90 per cent of Bruce Power’s capital and resource costs are spent in Ontario, and and resource costs are 90 spent in Ontario. the company’s supply chain supports hundreds of businesses throughout the province. TIMISKAMING-COCHRANE

NICKEL BELT ALGOMA-MANITOULIN

SUDBURY Seal X Supply Ltd. The Ontario Chamber of Commerce (OCC) released a report outlining an impartial Northern Ontario economic impact assessment of the MCR project undertaken as a part of Bruce Power’s School of Medicine Cameco BWXT Nuclear Energy Canada Life-Extension Program. The report reveals that the 13-year long MCR Project would Blind River NIPISSING Nu-Tech Precision Metals Inc. be of significant benefit to the economy through economic impact, GDP increase, tax OTTAWA CENTRE Pomerleau Inc. revenue, and opportunities for local workers and industry. Tundra Technical Solutions RENFREW-NIPISSING-PEMBROKE NEPEAN ORLEANS OTTAWA WEST- OTTAWA- The OCC’s analysis of economic benefit from the MCR revealed: NEPEAN VANIER GLENGARRY-PRESCOTT- • Work Authority Canadian economic impact to be between $8.1 and $11.6 billion Aecon RUSSELL Arnprior • Acuren KANATA- Ottawa Ontario GDP to increase between $4.8 and $7.1 billion; PARRY SOUND-MUSKOKA Bremar CARLETON • Ontario labour to receive between $3.8 and $4.6 billion and Canadian workers Black & McDonald BWXT Canada OTTAWA Burns & McDonnell Cahill Constructors BWXT-ITG SOUTH STORMONT-DUNDAS- located in other provinces to receive an additional $300 million Canadian Bearings Globotech BWXT Canada Nordion CARLETON SOUTH GLENGARRY Energy Solutions Canada Hatch Brotech Precision CNC NDT Group Inc. Ian Martin Group Ideal Supply MacDonnell Fuels Ltd. LANARK-FRONTENAC- Kinectrics Lakeside Precision Controls Pepco HALIBURTON- KINGSTON Modus Strategic Solutions Levitt Safety Ltd. Stevcon Packaging KAWARTHA LAKES- Nuvia Canada Inc. Promation Nuclear United Controls International BROCK PTAG LEEDS-GRENVILLE- YORK SOUTH-WESTON Sierra Systems HASTINGS-LENNOX OCNI THOUSAND ISLANDS AND BWXT Nuclear Energy Canada NEWMARKET-AURORA Rankin Construction Abraflex AND ADDINGTON Revenew RIDEAU LAKES Curtiss-Wright Nuclear Canada Hydro Aire BC Instruments PETERBOROUGH- Rolls-Royce SIMCOE PICKERING-UXBRIDGE McCullough Fuels KAWARTHA HUMBER RIVER-BLACK CREEK SNC-Lavalin NORTH Brotech Precision KING-VAUGHAN MARKHAM-UNIONVILLE 2M Power Price Schonstrom Triumph Gear Systems Williams CNC BWXT Nuclear Energy Canada BC Instruments IBM BWXT Canada Ltd. United Rentals Stantec Work Authority Owen Sound BARRIE- GE VAUGHAN-WOODBRIDGE Canadian Bearings SPRINGWATER- Rolls-Royce Worley CRG Energy Products Inc. 2M Power BRUCE-GREY- Crane Supply THORNHILL ORO-MEDONTE Work Authority Framatome AECOM OWEN SOUND SIMCOE- Valard Construction MARKHAM-STOUFFVILLE OCNI Alberici Port Elgin Work Authority PTAG Inc. GREY Barrie Peterborough Kingston WILLOWDALE RCM Technologies Canada Corp. AMEC Foster Wheeler Bruce Power Work Authority KINGSTON AND RICHMOND HILL GE Energy Solutions Canada Aecon Eckler Tetra Tech Canada Inc. CRG Energy Products Inc. Nuclear Promise X Tiverton THE ISLANDS MISSISSAUGA-MALTON AECOM BC Instruments Bremar Globotech TRC Ltd. CTSNA PCL Kincardine NORTHUMBERLAND- Belleville Anixter Compugen YORK- PETERBOROUGH Shawcor Framatome RCM Technologies Canadian Bearings Johnson Controls DON VALLEY NORTH Kinectrics SIMCOE SOUTH BAY OF QUINTE EMC Power Canada Sargent & Lundy B.M. Ross & Associates Eaton Industries Canada E.S. Fox Ltd. Shawcor DUFFERIN- GN Johnston Equipment Co Ltd. AECOM GE Shoreline Power Group HURON-BRUCE CALEDON Newman Hattersley Ltd. E.S. Fox Ltd. Ideal Supply Stantec Oshawa Cameco Corporation Motion Electric Motor Services Sargent & Lundy Carpenters Whitby RN Tooling Corporation Johnson Controls Special Electronics and Design #2222 PERTH- Ajax DURHAM Kinectrics Tetra Tech Canada Goderich WELLINGTON Brampton Pickering Stuart Hunt and Associates Ltd. Black and McDonald NA Engineering/NA Geometrics Tundra Technical Solutions Akramold Tundra Technical Solutions Bremar Worley Laker Energy Products Work Authority Canadian Bearings Guelph Toronto MISSISSAUGA-STREETSVILLE BRAMPTON EAST Ideal Supply Waterloo Air Products Ltd. Energy Solutions Canada CRG Energy Products Inc. Mississauga WHITBY Crossby Dewar B.M. Ross & Associates NA Engineering/ GE Canada BRAMPTON CENTRE 19 OSHAWA NA Geomatics Kitchener Oakville Golder Associates Air Products Ltd. Darlington Nuclear AECOM Cambridge Burlington Lakeside Process Controls Ltd. Insulators AJAX Generating Station Air Products Ltd. ST. CATHARINES ABB Automation Inc. Hamilton Rankin Construction Tetra Tech Canada Inc. #95 Work Authority CRG Energy Products Inc. Cahill Constuctors Teamsters SPADINA-FORT YORK St. Catharines Work Authority Work Authority #230/879 Pickering Nuclear Great Lakes Industrial Controls Commissioning and Technical Services 11 9 8 Generating Station Burns & McDonnell LONDON BRAMPTON WEST 10 Swagelok Southwestern Ontario NIAGARA Niagara Falls DON VALLEY EAST TORONTO-ST. PAUL’S Hydro Aire NORTH OXFORD Quatic Industries Ltd. Senior Flexonics 7 Worley WEST 6 Jacobs Engineering Group Tundra Technical Solutions Kinectrics CENTRE London E.S. Fox Ltd. UPI Energy FS 14 Work Authority 12 5 Work Authority McCarthy Tetrault Sarnia LONDON Labourers #1059 Niagara Energy Products Work Authority 13 4 Nuvia Canada Inc. Millwrights NIAGARA 18 UNIVERSITY-ROSEDALE SARNIA- WEST FALLS Niagara Fasteners Inc. #1592 Sheet Metal HALDIMAND-NORFOLK 15 2 3 TORONTO CENTRE AMEC Foster Wheeler Sierra Systems Inc. LAMBTON /Roofers 1 Black and McDonald Stantec Painters/Plasterers #473 Nanticoke WELLINGTON- 17 CUSW #1590 HALTON HILLS ETOBICOKE-LAKESHORE LAMBTON-KENT- ELGIN-MIDDLESEX-LONDON NIAGARA MISSISSAUGA EAST-COOKSVILLE MIDDLESEX CENTRE Information Systems Architects Inc. Air Products Ltd. Integrated Network & Systems Inc. Charles Jones Industrial Kinectrics 16 MISSISSAUGA-LAKESHORE Pomerleau Inc. WINDSOR LONDON-FANSHAWE OAKVILLE NORTH-BURLINGTON Hatch TECUMSEH Nortrax Canada Inc. Johnson Controls Plumbers/ GUELPH Commissioning and Technical Services Roan International Inc. WATERLOO KITCHENER- Pipefitters MILTON MISSISSAUGA CENTRE WINDSOR WEST Work Authority #527 CTSNA SNC-Lavalin CHATHAM-KENT- Jacobs Engineering Group CONESTOGA Praxair Canada Inc. Work Authority LEAMINGTON Stantec IBEW Operating Engineers Windsor #804 Boilermakers #793 OAKVILLE #128 BURLINGTON ABB Automation Inc. ABB Automation Inc. Acuren FLAMBOROUGH- 1 PARKDALE-HIGH PARK JNE Environmental Hooper Welding Enterprises ESSEX KITCHENER GLANBROOK HAMILTON CENTRE 2 DAVENPORT Johnson Controls Ian Martin Group CENTRE 3 TORONTO-DANFORTH CAMBRIDGE Toshont Power Products Kiewit Energy Group Canada Ironworkers/Rodmen 4 BEACHES-EAST YORK Work Authority Laker Energy Products #736 5 SCARBOROUGH SOUTHWEST KITCHENER SOUTH- Levitt Safety Ltd. 6 SCARBOROUGH CENTRE HESPELER Promation Nuclear ATS Automation Patriot Forge 7 SCARBOROUGH-GUILDWOOD Work Authority HAMILTON EAST-STONEY CREEK 8 SCARBOROUGH-ROUGE PARK HAMILTON AECOM BRANTFORD- MOUNTAIN 9 SCARBOROUGH NORTH Aecon BRANT Charles Jones Industrial 10 SCARBOROUGH-AGINCOURT BWXT Canada Ltd. Crane Supply 11 MARKHAM-THORNHILL Golder Associates HAMILTON WEST- ANCASTER- Intech International Inc. Stern Laboratories Inc. 12 DON VALLEY WEST Work Authority DUNDAS Toshiba 13 EGLINTON-LAWRENCE Work Authority 14 YORK CENTRE Charles Jones Industrial 15 ETOBICOKE CENTRE Patriot Forge 16 MISSISSAUGA-ERIN MILLS Niagara Energy Products 17 BRAMPTON SOUTH NDT Group Inc. 18 BRAMPTON NORTH 19 AURORA-OAK RIDGES-RICHMOND HILL PUBLIC OPINION

Bruce Power relies on the support and commitment of surrounding Ontarians rely on Bruce Power every day to power their homes and communities. In a phone survey of 605 randomly selected Ontario businesses with low cost affordable electricity. Our poll found that: residents in December 2019, voters identified cost of living, healthcare and the environment as their top three concerns. We asked Ontarians what they think about nuclear power, its role in % climate change, research and innovation and medical isotopes. of Ontarians agree that nuclear energy helps keep % 68 electricity prices stable of residents support of Ontarians remain committed the Life-Extension at to Ontario being energy Bruce Power independent and agree that % Ontario must prioritize generating 80 enough energy to meet its needs As an emissions-free generator, Bruce Power is an integral rather than importing from other jurisdictions such as Quebec component to helping Ontario meet its climate change 77 objectives, while simultaneously creating jobs, driving Ontario economic growth and supporting innovation. Our poll found: Bruce Power is playing a pivotal role in the world’s supply of life-saving medical isotopes, which are being used by health-care practitioners worldwide to treat cancer patients in novel, non- % invasive ways. of Ontarians agree nuclear energy is a critical part of the 73 global climate change solution % of Canadians are concerned about ceding their leadership position in isotope % production and research and development agree that investment in nuclear 66 will strengthen Canadian research 75 and innovation % of Canadians support the development of a national strategy for isotopes to ensure Canada % remains at the forefront of the isotope sector agree that nuclear provides 63 economic opportunities for 73 Canada

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