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 Wind Energy

CBC News Reported:

Ontario's rapid expansion in wind power projects has provoked a backlash from rural residents living near industrial wind turbines who say their property values are plummeting and they are unable to sell their homes, a CBC News investigation has found.

The government and the wind energy industry have long maintained turbines have no adverse effects on property values, health or the environment.

The CBC has documented scores of families who've discovered their property values are not only going downward, but also some who are unable to sell and have even abandoned their homes because of concerns nearby turbines are affecting their health.

"I have to tell you not a soul has come to look at it," says Stephana Johnston, 81, of Clear Creek, a hamlet in Haldimand County on the north shore of Lake Erie, about 60 kilometres southeast of London.

Johnston, a retired Toronto teacher, moved here six years ago to build what she thought would be her dream home. But in 2008, 18 industrial wind turbines sprung up near her property and she put the one-floor, wheelchair-accessible home up for sale.

"My hunch is that people look at them and say: 'As nice as the property is going south, looking at the lake, we don't want to be surrounded by those turbines.' Can't say that I blame them."

Johnston says she has suffered so many ill health effects, including an inability to sleep — which she believes stem from the noise and vibration of the turbines— that she now sleeps on a couch in her son's trailer, 12 kilometres away, and only returns to her house to eat breakfast and dinner and use the internet.

Industry rejects claims of lower land values

Meanwhile, the industry rejects claims of lower land values.

"Multiple studies, and particularly some very comprehensive ones from the United States have consistently shown the presence of wind turbines does not have any statistically significant impact on property values," says Robert Hornung of the Ottawa-based Canadian Wind Energy Association (CANWEA).

While acknowledging a lack of peer-reviewed studies in Ontario, Hornung says CANWEA commissioned a study of the Chatham-Kent area, where new wind turbines are appearing, and found no evidence of any impact on property values.

"In fact," says Hornung, "we've recently seen evidence coming from Re/Max indicating that we're seeing farm values throughout Ontario, including the Chatham-Kent area, increasing significantly this year as wind energy is being developed in the area at the same time."

However, Ron VandenBussche, a Re/Max agent along the Lake Erie shore, said the reality is that the wind turbines reduce the pool of interested buyers, and ultimately the price of properties.

"It's going to make my life more difficult," says VandenBussche, who has been a realtor for 38 years. "There's going to be people that would love to buy this particular place, but because the turbines are there, it's going to make it more difficult, no doubt."

Kay Armstrong is one example. She put her two-acre, waterfront property up for sale before the turbines appeared in Clear Creek, for what three agents said was a reasonable price of $270,000.

Two years after the turbines appeared, she took $175,000, and she felt lucky to do that — the property went to someone who only wanted to grow marijuana there for legal uses.

"I had to get out," said Armstrong. "It was getting so, so bad. And I had to disclose the health issues I had. I was told by two prominent lawyers that I would be sued if the ensuing purchasers were to develop health problems."

Realtor association finds 20 to 40 per cent drops in value

Armstrong's experience is backed up in a study by Brampton-based realtor Chris Luxemburger. The president of the Brampton Real Estate Board examined real estate listings and sales figures for the Melancthon-Amaranth area, home to 133 turbines in what is Ontario's first and largest industrial wind farm.

"Homes inside the windmill zones were selling for less and taking longer to sell than the homes outside the windmill zones," said Luxemburger.

On average, from 2007 to 2010, he says properties adjacent to turbines sold for between 20 and 40 per cent less than comparable properties that were out of sight from the windmills.

Power company sells at a loss

Land registry documents obtained by CBC News show that some property owners who complained about noise and health issues and threatened legal action did well if they convinced the turbine companies to buy them out.

Canadian Hydro Developers bought out four different owners for $500,000, $350,000, $305,000 and $302,670. The company then resold each property, respectively, for $288,400, $175,000, $278,000 and $215,000.

In total, Canadian Hydro absorbed just over half a million dollars in losses on those four properties.

The new buyers were required to sign agreements acknowledging that the wind turbine facilities may affect the buyer's "living environment" and that the power company will not be responsible for or liable from any of the buyer's "complaints, claims, demands, suits, actions or causes of action of every kind known or unknown which may arise directly or indirectly from the Transferee's wind turbine facilities."

The energy company admits the impacts may include "heat, sound, vibration, shadow flickering of light, noise (including grey noise) or any other adverse effect or combination thereof resulting directly or indirectly from the operation."

TransAlta, the company that took over for Canadian Hydro, refused to discuss the specific properties it bought and then resold at a loss in Melancthon. But in an email to CBC, spokesman Glen Whelan cited the recession and other "business considerations" that "influence the cost at which we buy or sell properties, and to attribute purchase or sale prices to any one factor would be impossible."

Province says no change to tax base

Ontario's ministers of Energy, Municipal Affairs and Finance, all in the midst of an election campaign, declined requests for an interview.

'That's what makes them sick is that, you know, they'll get less money for their properties, and that's what's causing all this annoyance and frustration.'—Environment Ministry lawyer Frederika Rotter

A spokesperson for Municipal Affairs says his ministry has no studies or information about the potential impact wind turbines are having on rural property values.

However, last February, before an environmental review tribunal in Chatham, Environment Ministry lawyer Frederika Rotter said: "We will see in the course of this hearing that lots of people are worried about windmills. They may not like the noise, they may think the noise makes them sick, but really what makes them sick is just the windmills being on the land because it does impact their property values.

"That's what makes them sick is that, you know, they'll get less money for their properties, and that's what's causing all this annoyance and frustration and all of that."

When Energy Minister Brad Duguid declined comment, his staff referred CBC News to the Ministry of Finance, which oversees MPAC (the Municipal Property Assessment Corporation), which sets values on land for taxation purposes. They indicated that MPAC has no evidence wind turbines are driving down assessed values.

However, CBC found one household in Melancthon was awarded a 50-per-cent reduction in property tax because the house sat next to a transformer station for the turbines.

Losing the rural life

Almost all the people interviewed by the CBC rue the division between neighbours for and against the turbines, and said what they have lost is a sense of home and the idyllic life of living in the countryside.

Tracy Whitworth, who has a historic home in Clear Creek, refuses to sell it and instead has become a nomad, renting from place to place with her son, to avoid the ill effects of the turbines.

"My house sits empty — it's been vandalized," says Whitworth, a Clear Creek resident who teaches high school in Delhi. "I've had a couple of 'Stop the wind turbine' signs knocked down, mailbox broken off.

"I lived out there for a reason. It was out in the country. School's very busy. When I come home, I like peace and quiet. Now, we have the turbines and the noise. Absolutely no wildlife. I used to go out in the morning, tend to my dogs, let my dogs run, and I'd hear the geese go over.

"And ugh! Now there's no deer, no geese, no wild turkeys. Nothing."

For the octogenarian Johnston, the fight is all more than she bargained for. She sank all her life savings, about $500,000, into the house, and she says she does not have the money to be able to hire a lawyer to fight for a buyout. But she is coming to the conclusion she must get a mortgage to try the legal route.

"I love being near the water and I thought, what a way to spend the rest of my days — every view is precious," she said, as tears filled her eyes. "And I would not have that any more.

"And that is hard to reconcile and accept."

Getting a mortgage on her house might not be that easy. CBC News has learned that already one bank in the Melancthon area is not allowing lines of credit to be secured by houses situated near wind turbines. In a letter to one family situated close to the turbines, the bank wrote, "we find your property a high risk and its future marketability may be jeopardized."

From CBC News, October 1, 2011

 
Healine News

Bank of Canada keeps overnight lending rate at 1%

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

The global economic outlook has deteriorated in recent weeks as several downside risks to the projection in the Bank’s July Monetary Policy Report (MPR) have been realized. The European sovereign debt crisis has intensified, a broad range of data has signalled slower global growth, and financial market volatility has increased sharply. Recent benchmark revisions show that the U.S. recession was deeper and its recovery has been shallower than previously reported. In combination with recent economic data, this implies that U.S. growth will be weaker than previously anticipated. The Bank expects that American household spending will be even more subdued in the face of high personal debt burdens, large declines in wealth and tough labour market conditions. Fiscal stimulus in the United States will also soon turn into material fiscal drag. Acute fiscal and financial strains in Europe have triggered a generalized retrenchment from risk-taking and could prompt more severe dislocations in global financial markets. Resolution of these strains will require additional significant initiatives by European authorities. Growth in emerging-market economies has been robust, although its rate and composition will be affected by weakness in major advanced economies. While commodity prices have declined owing to diminished global growth prospects, they remain relatively high.

Largely due to temporary factors, Canadian economic growth stalled in the second quarter. The Bank continues to expect that growth will resume in the second half of this year, led by business investment and household expenditures, although lower wealth and incomes will likely moderate the pace of investment and consumption growth. The supply and price of credit to businesses and households remain very stimulative. However, financial conditions in Canada have tightened somewhat and could tighten further in the event that global financial conditions continue to deteriorate. Net exports are now expected to remain a major source of weakness, reflecting more modest global demand and ongoing competitiveness challenges, in particular the persistent strength of the Canadian dollar.

Slower global economic momentum will dampen domestic resource utilization and inflationary pressures. The Bank expects total CPI inflation to continue to moderate as temporary factors, such as significantly higher food and energy prices, unwind. Core inflation is expected to remain well-contained as labour compensation growth stays modest, productivity recovers, and inflation expectations remain well-anchored.

Reflecting all of these factors, the Bank has decided to maintain the target for the overnight rate at 1 per cent. In light of slowing global economic momentum and heightened financial uncertainty, the need to withdraw monetary policy stimulus has diminished. The Bank will continue to monitor carefully economic and financial developments in the Canadian and global economies, together with the evolution of risks, and set monetary policy consistent with achieving the 2 per cent inflation target over the medium term.

Next scheduled rate update is on October 25, 2011.

 
Healine News

Another Recession

Statistics Canada reported that the Canadian economy contracted unexpectedly in May, led lower by the mining and oil and gas sector. The country’s gross domestic product fell 0.3% during the month, following a flat performance in April and a 0.3% increase in March. Most economists had expected an advance by between 0.1 and 0.2% in May. This is not good news for Canadians looking for jobs.

South of the border, the U.S. economy grew less than expected in the second quarter as consumer spending barely rose and growth braked sharply in the prior quarter. GDP in U.S. rose at a 1.3% annual rate. Economists h ad expected a 1.8% increase in GDP in the second quarter. With the U.S. Treasury stating that the government will soon run out of money to pay all its bills, the fragile recovery is in greater danger. This will also impact other economies worldwide negatively.

 
Healine News

Walmart employs over 2.1 million people. There are 8,500 stores around the world. More than 200 million customers visit the store every week.

But less than 50 years ago there was just a five-and-dime store, and Sam Walton was an entrepreneur who couldn't find backers for his dream of a discount mega chain.

Here is the short story:

Click here to the Story.

 
Latest News

Energy Saving Home Renovation Grants

ecoEnergy Retrofit - Government of Canada Grants

The ecoENERGY Retrofit – Homes program provides grants up to $5,000 to help homeowners make their homes more energy-efficient and reduce the burden of high energy costs. The Government of Canada has renewed the program from June 6, 2011, until March 31, 2012.

How the Program Works:

To be eligible for upcoming retrofits, new participants and past participants must first obtain a registration number. If you are not sure which form to complete or if you need assistance, follow the instructions at the register page.

All participants require a pre-retrofit evaluation (since April 2007) before starting renovations, a post-retrofit evaluation and a signed grant application form by March 31, 2012. Participants must present all retrofit receipts at the post-retrofit evaluation. New participants are only eligible for product purchased after June 6, 2011, and installed after a pre-retrofit evaluation. Past participants are only eligible for products purchased and installed after June 6, 2011.

 

For more information, visit:

http://oee.nrcan.gc.ca/residential/personal/grants.cfm?attr=4

 

 
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