Thank you very much.
Thank you very much, Minister, for being here today.
I think we can all agree, at least on this side of the floor, why we're here. We're here because of my predecessor, who also worked on this project for four years while he was sitting. It wasn't until after the election that this project then needed to garner more support.
I just want to put it out there that we're here today because someone lost. They're sore about it. They had an ego hit because they wanted to be the one to make this announcement, which is the largest announcement ever made in my riding of South Shore—St. Margarets. I want to just say that this is really the reason we're here, people.
In terms of affordability and energy poverty, I think sometimes we forget that Nova Scotians right now pay some of the highest rates for power in the country. The Conservatives can talk every day during question period about affordability, but when we have some of these projects with capital investment in small rural ridings where we're from, this is huge.
We also need to remember some of the criteria that had to be met, and it took over four years to meet some of these criteria. Thirty-five thousand homes needed to be signed up. They garnered 50,000 homes. The reason they did this is that, back in 1992, the then-Conservative government sold one of our Crown corporations, our public utility, to Nova Scotia Power.
Since then, we have been under this monopoly in our province, paying some of the highest rates. They were allowed to then, within that whole plan, have rates increase by up to 9% every year. We just had a rate increase a couple of weeks ago—it was actually the day that we first talked about this here in committee—of 8.1%. While we talk about energy poverty, people in our province of Nova Scotia are literally having a hard time keeping the lights on.
I also want to talk a bit today about rural inclusion. This is a very rural riding in Nova Scotia, and sometimes, or always, we feel like we have to react to change instead of shaping it. Projects like this help shape change in our communities.
Also, 200 jobs.... I know that if anyone across the way right now had someone potentially wanting to take 200 jobs away from the people in their riding, they'd be a little peeved off as well—I said “peeved off”. I also want to mention that our provincial premier is a PC, and he fully supports this.
Minister, I want to thank you too, because not always do I have ministers who will come and do these announcements in my riding. I had you, Minister, come, as well as the Minister of Energy.
I'd like to start by asking you, Minister, what element of this announcement you are the most proud of to see delivered.