The ONTARIO 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 fuel types: wind, solar, hydro (waterpower), natural gas, and nuclear. These fuel types have different supply characteristics, all of which 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.

ONTARIO’S SUPPLY MIX INCLUDES:

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

• Intermittent supply includes sources like wind and solar. They provide electricity when the wind is blowing and the sun is shining. This output is highly variable.

• 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.

• Flexible nuclear from the Bruce Power site. Bruce Power's eight-unit site adds flexible, dynamic capability.

Ontario’s energy market has undergone significant transformation over the last decade. The province was the first jurisdiction in North America to lead the way in ending its use of coal-fired electricity, a milestone that was achieved in 2014. This could not have been accomplished without Ontario’s nuclear industry.

Bruce Power’s refurbishment of four nuclear units brought 3,000 megawatts (MW) of reliable, low-cost, and carbon-free electricity back to the grid and provided 70 per cent of the electricity needed to take coal-fired generation out of the Ontario supply stack.

With the phase out of coal in 2014, there has been a need to provide flexibility when demand in the province drops, while also ensuring availability to meet peaks given the unique nature of Ontario’s energy market.

Bruce Power has made investments in all eight units on site to offer additional flexibility to Ontario’s electricity market. Of the 6,400 MW of capacity from the Bruce Power site, there is the capability, which has been significantly utilized by the province, for 2,400 MW of flexible or dynamic capability. The company has achieved this by enhancements to both our operations and physical upgrades on the non-nuclear side of the plant.

Today, nuclear accounts for more than 60 per cent of Ontario’s 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 generate residential power.

Nuclear61%

Solar 0.25%Biofuel 0.45%

Wind 7.4%

Hydro24.5%

Gas 6.4%

fig. 1 Ontario’s Electricity Production in 2019

200

7

200

8

200

9

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

180

160

140

120

100

80

60

40

20

0

Nuclear Natural Gas Hydro Coal Non-hydro renewables

fig. 2 Ontario Generation (2007-2019)

Unit 1 6.72 TWh

Unit 2 5.76 TWh

Unit 3 4.21 TWh

Unit 4 6.11 TWh

Unit 5 4.86 TWh

Unit 6 6.50 TWh

Unit 7 4.84 TWh

Unit 8 7.08 TWh

fig. 3 Bruce Power 2019 Output

Source: IESO

Source: Government of Canada

Source: IESO

DEMAND

Ontario is a unique energy market from a demand perspective due to its dual peaking nature. This means that demand in Ontario is highest in the winter and in the summer. The dual-peaking nature of our energy market presents challenges which need to be managed for Ontario to be self-sufficient.

On a day-to-day basis, demand is also highly variable but, in general, peaks during the day and is lower at night. This fluctuating demand requires a unique supply mix, one which will be flexible enough to meet Ontario’s highest demand days, and reliable enough to provide power 24/7.

Looking forward, projecting demand must take into account factors that increase electricity demand such as population growth and economic change, as well as factors that reduce demand such as conservation and embedded generation. Through 2035, according to the Independent Electricity System Operator (IESO), annual electricity demand is projected to remain relatively flat under the most likely scenario (see figure 5). Bruce Power’s Life-Extension Program will ensure Ontario families and businesses have long-term price stability.

220

200

180

160

140

120

100

802015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2035

fig. 5 Ontario Net Energy Demand Across Demand Outlooks

fig.4 Demand through 2019

137.4 TWh (+ 4%)

132.1 TWh (-3.6%)

2019

2018

2017

135.1 TWh (- 1.7%)

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.

Source: IESO

Source: IESO, Ontario Planning Outlook (2016)

Windsor

Chatham

Sarnia

Nanicoke

London

Niagara Falls

Toronto

Pickering

Darlington

Owen Sound

Barrie

Claireville

Orangeville

Detweiler

Milton

Bruce Power 350 MW

50MW

4,000 MW

400 MW

1,500

MW

Substation230 kV Circuits500 kV Circuits

Bruce PowerInterconnection

fig. 6 Key Electricity Supply Lines from Bruce Power with Typical MW Flow

BRUCE POWER’S ROLE IN MEETING ONTARIO DEMAND

Bruce Power is the world’s largest operating nuclear facility. When looking at the electricity infrastructure for the province, Bruce Power is the electricity powerhouse for virtually all of southwestern Ontario, spanning into central and northcentral Ontario. Additionally, through the Bruce-Milton transmission line, the site is a key supply to the western portion of the GTA.

The Bruce-Milton transmission line, completed in 2012, transmits electricity generated at Bruce Power to serve the northwest portion of the Greater Toronto Area (GTA). This area has seen some of the highest electrical load growth in Ontario over the past 10 years and is projected to continue rising, with a current peak 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.

Bruce Power is an essential resource for the most populated area of the province, using existing infrastructure to deliver a third of Ontario’s electricity safely and reliably, 24 hours a day, 365 days a year.

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.

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: 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.

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.

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

electricity costs.

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.

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

Residential Cost of Power

BrucePower

Nuclear

Combined Ontario Nuclear

Gas Wind Solar Hydro

12.5

7.5 8

13.2 14.8

48.1

6.3

Vancouver, BC 10.77

Portland, OR 14.22

San Francisco, CA 29.31

Houston, TX 19.12

Seattle, WA 15.69Calgary, AB 16.55

Regina, SK 17.27

Ottawa, ON 12.81

Toronto, ON 15.13

Detroit, MI 19.89

New York, NY 31.26

Halifax, NS 17.05

Moncton, NB 13.82

Charlottetown, PEI 17.65

St. John’s, NFLD 13.33

Montreal, QC 7.71

Chicago, IL 19.36

Nashville, TN 16.88

Boston, MA 33.69

Miami, FL 13.53

Winnipeg, MB 9.65

Edmonton, AB 15.51

Sau

di

Ara

bia

Rus

sia

Mex

ico

Ind

ia

Chi

na

Ind

one

sia

Arg

enti

na

So

uth

Afr

ica

Can

ada

Ko

rea

Mo

rocc

o

Turk

ey

US

A

Sin

gap

ore

Fra

nce

Bra

zil

UK

Jap

an

Aus

tral

ia

Irel

and

It

aly

Sp

ain

Ger

man

y

$350

300

250

200

150

100

50

0

World Average

ELECTRICITY RATE COMPARISON

Ontario’s electricity rates are competitive and in-line with rates across other Canadian and North American cities. The average residential ratepayer in Ontario will pay an all-in rate which is lower than most other major North American cities.

Compared to major global countries, Ontario’s residential electricity rates rank among the lowest in developed countries and almost 30 per cent below the 2018 world average of 17.33 cents/kWh. This 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)

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

Source: Hydro Quebec, Comparison of Electricity Prices (2019)

Source: IEA, World Energy Prices (2019)

BRUCE POWER’S ROLE IN LOW COST POWER IN ONTARIO

Bruce Power produces 30 per cent of Ontario’s power at 30 per cent less than the average cost to produce residential power. Bruce Power is the source of half of Ontario’s nuclear generation, and the lowest cost source of nuclear energy in the province.

In January 2019, Bruce Power announced it will be contributing more than $200 million to reduce electricity system costs from 2019-2021. These efficiency payments will benefit Ontario’s electricity consumers, and are a result of Bruce Power’s focus on innovation, simplification and continuous improvement in our operations.

According to a 2017 report written by Ontario’s Financial Accountability Office (FAO) on the life extension of the province’s nuclear fleet, “There is currently no portfolio of alternative low emissions generation which could replace nuclear generation at a comparable cost.”

The FAO estimates that the Bruce Power Refurbishment Plan will result in nuclear generation supplying a significant proportion of Ontario electricity demand from 2016 to 2064 at an average price of $80.7/MWh in 2017 dollars.

$15,000

12,000

9,000

6,000

3,000

0NS PEI BC ON QC NB SK MB NL

fig. 10 Long-term debt per capita for electric utilities

PROVINCIAL SYSTEM DEBT PER CAPITA

The electricity system, like any other long-lived infrastructure investment, requires long term financing options that spread the costs over the life of the investment. All jurisdictions make use of long term debt to finance building new projects or ongoing maintenance of their electricity systems.

Ontario’s provincial long-term debt associated to electricity infrastructure is lower per capita than many neighbouring jurisdictions and helps Ontario remain competitive while maintaining a reliable, stable and diverse supply mix.

EMISSIONS

Ontario’s electricity is supplied by a diverse group of clean generation resources. More than 90 per cent of Ontario’s electricity is generated by non-emitting sources such as nuclear, hydroelectric and, to a lesser extent, renewables such as wind and solar. The province has become the example other jurisdictions in North America look to for guidance on clean energy policy, and Bruce Power is proud of the role it plays in keeping Ontario’s air clean.

NUCLEAR UP, COAL DOWN

Between 2003 and 2012, Bruce Power brought four nuclear reactors back to life. This revitalization generated 70 per cent of the energy needed to phase out coal in Ontario and allowed the province to shut down all coal plants.

Closing coal-fired power plants represents one of the largest greenhouse gas reduction initiatives in North America. Phasing out coal from our generation stack has eliminated more than 30 mega tonnes of annual GHG emissions, equivalent to taking seven million vehicles off our roads. Emissions of oxides of Sulphur, which are predominantly a byproduct of coal combustion, have also shown a marked decrease with the phase out of coal-fired electricity.

Phasing out coal is not only beneficial to the environment and the air we breathe – decreasing smog days from 53 in 2005 to zero in 2019 – but also positively impacts the health of Ontario residents. A study by the Ministry of Energy found that phasing out coal

can limit emergency room visits, illness and hospital admissions, resulting in a financial benefit of $2.6 billion annually.

Ontario’s off-coal program is a model for other jurisdictions in the fight to lower emissions from the electricity sector.

In 2017, Germany generated 37 per cent of its electricity from non-carbon sources. Germany has made massive investments in altering its grid by removing nuclear power in favour of large scale renewables, investing upwards of $580 billion in renewable energy and storage by 2025.

Despite these investments, Germany’s current emission intensity has not improved since the program began, however household prices have tripled over the same timeframe. Germany’s emission intensity is almost 10 times higher that Ontario’s. Because of the reliable electricity output and low-emissions of the nuclear industry, Ontario has been able to cut emissions from the electricity sector while also maintaining a low-cost system for consumers.

Ontario’s coal output

Bruce Power site output

2003 Premier McGuinty commits to shutting down coal

Unit 4 returned to service bringing back 750 MW

2004Unit 3 returned to service, bringing back 750 MW

2005Lakeview Generating Station shut down, removing 2,400 MW

2009Bruce Power introduces dynamic nuclear capability from Bruce B units

2010Two Nanticoke Generating Station units retired, removing 1,000 MW

Two Lambton Generating Station units retired, removing 1,000 MW

2011Two Nanticoke Generating station units retired, removing 2,000 MW

2012Bruce Power Units 1 and 2 return to service, returning 1,500 MW

2013Bruce Power offers dynamic capability from Bruce A units

2015Bruce Power achieves a site record for electricity production with output from our 8-units of operation

2014Thunder Bay Generating Station shut down, removing 326 MW

50

40

30

20

10

0

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

TW

h

2001Former Minister of the Environment Elizabeth Witmer issues regulation requiring phase out of coal at Lakeview Generating Station

2013Final Nanticoke Generating Station units retired, removing 2000 MW

2012Atikokan Generating Station powered down, taking 230 MW

fig. 11 Bruce Power site output and coal output

fig. 12 Emission intensity from the electricity sector by jurisdiction (gC02e/kWh)

Germany

California

Ontario

0 100 200 300 400 500 600

Bruce Power POWERING HOSPITALS, KEEPING MEDICAL EQUIPMENT CLEAN AND SAFE, AND PROVIDING LIFE-SAVING ALTERNATIVE CANCER TREATMENTS

Bruce Power positively impacts millions of people. Aside from providing carbon-free electricity for the consumers of Ontario, it also benefits the world’s health care system through the production of medical isotopes.

For more than 30 years, Bruce Power has been a reliable supplier of Cobalt-60 for Nordion, an Ottawa-based company. Bruce Power’s Cobalt-60 is used to sterilize 40 per cent of the world’s single-use medical devices and equipment such as syringes, gloves, implantable devices, surgical gowns and masks.

Cobalt-60 irradiation technology is also increasingly being used to preserve food – spices, grains, fruit, vegetables and meat. Using Cobalt-60 as a preservative avoids the use of potentially harmful chemical fumigants and insecticides. Gamma prevents food-borne illnesses caused by micro-organisms such as E.coli and salmonella, without affecting the taste or nutrient levels of the food.

In 2019, Bruce Power began harvesting High Specific Activity (HSA) Cobalt-60, or medical-grade Cobalt-60, which will benefit cancer patients in Canada and around the world. This medical-grade Cobalt is used worldwide for alternative treatments to 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.

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.

HOW COBALT-60 IS PRODUCED BY BRUCE POWER:

1. Cobalt is mined.

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 adjuster rods.

4. Bruce Power installs the Cobalt-59 adjuster rods in the reactor, where the cobalt is activated by absorbing neutrons to become Cobalt-60.

5. After two years inside the reactor, the Cobalt-60 is removed from the reactor and shipped to Nordion’s facility.

6. Nordion processes the Cobalt-60 as needed, and ships it out to customers across Canada and worldwide.

LUTETIUM-177

The Lutetium-177 (Lu-177) project will use Bruce Power’s nuclear reactors to fill a critical gap in Canada’s isotope infrastructure.

Lutiteum-177, or Lu-177, is a medical isotope used in targeted radionuclide therapy to treat neuroendocrine tumors and advanced prostate cancer. Using Lu-177 allows doctors to target and destroy cancer cells while leaving healthy tissues unaffected.

Bruce Power announced the project in 2019, which will make investments to fit Bruce Power reactors with a first-of-its-kind isotope delivery system to help produce Lu-177. Bruce Power expects to begin to supply the world market with Lu-177 in 2022.

2017 2018 2019 2017 2018 2019

4Units

4Units

4Units

4Units

4Units

2Units

Cobalt for sterilization Medical-grade Cobalt-60

fig. 13 Isotope production at Bruce Power

HURON-BRUCE

BRUCE-GREY-OWEN SOUND

PARRY SOUND-MUSKOKA

NIPISSING

TIMISKAMING-COCHRANE

NICKEL BELT

SUDBURY

ALGOMA-MANITOULIN

RENFREW-NIPISSING-PEMBROKE

KANATA-CARLETON

CARLETON

GLENGARRY-PRESCOTT-RUSSELL

OTTAWA-VANIER

ORLEANSOTTAWA WEST-NEPEANWork Authority

OTTAWA CENTREPomerleau Inc.Tundra Technical Solutions

OTTAWASOUTH

NEPEAN

LANARK-FRONTENAC-KINGSTON

LEEDS-GRENVILLE-THOUSAND ISLANDS AND

RIDEAU LAKES

STORMONT-DUNDAS-SOUTH GLENGARRY

NORTHUMBERLAND-PETERBOROUGH

SOUTH

KINGSTON ANDTHE ISLANDS

BAY OF QUINTE

HASTINGS-LENNOXAND ADDINGTON

PETERBOROUGH-KAWARTHA

HALIBURTON-KAWARTHA LAKES-

BROCK

SIMCOENORTH

PERTH-WELLINGTON

LAMBTON-KENT-MIDDLESEX

SARNIA-LAMBTON

CHATHAM-KENT-LEAMINGTON

ELGIN-MIDDLESEX-LONDON

LONDONWEST

LONDONNORTHCENTRE

LONDON-FANSHAWEJohnson ControlsWork Authority

OXFORD

HALDIMAND-NORFOLK

BRANTFORD-BRANT

KITCHENER-CONESTOGA

WATERLOOJacobs Engineering Group

Stantec

KITCHENERCENTRE

KITCHENER SOUTH-HESPELER

ATS AutomationWork Authority

WELLINGTON-HALTON HILLS 17

1815

1

14 12

19

1110

9 8

76

513

2 34

16

MILTONGUELPH

FLAMBOROUGH-GLANBROOK

Intech International Inc.HAMILTON WEST-

ANCASTER-DUNDAS

HAMILTONMOUNTAIN

HAMILTON EAST-STONEY CREEKAECOMCharles Jones Industrial Crane SupplyStern Laboratories Inc.ToshibaWork Authority

HAMILTON CENTRE

OAKVILLE NORTH-BURLINGTONCommissioning and Technical ServicesCTSNA

OAKVILLEABB Automation Inc.AcurenHooper Welding EnterprisesIan Martin GroupKiewit Energy Group CanadaLaker Energy ProductsLevitt Safety Ltd.Promation Nuclear

CAMBRIDGE

NIAGARAWEST

NIAGARAFALLS

DUFFERIN-CALEDON

SIMCOE-GREY

BARRIE-SPRINGWATER-ORO-MEDONTE

YORK-SIMCOE

DURHAM

OSHAWA

AJAX

MARKHAM-STOUFFVILLEPTAG Inc.GE WILLOWDALE

EcklerGlobotech

WHITBY

PICKERING-UXBRIDGE2M PowerBWXT Canada Ltd.Canadian BearingsCRG Energy Projects Inc.FramatomeOCNIRCM Technologies Canada Corp.Tetra Tech Canada Inc.TRC Ltd.

1 PARKDALE-HIGH PARK2 DAVENPORT3 TORONTO-DANFORTH4 BEACHES-EAST YORK5 SCARBOROUGH SOUTHWEST6 SCARBOROUGH CENTRE7 SCARBOROUGH-GUILDWOOD8 SCARBOROUGH-ROUGE PARK9 SCARBOROUGH NORTH10 SCARBOROUGH-AGINCOURT11 MARKHAM-THORNHILL12 DON VALLEY WEST13 EGLINTON-LAWRENCE14 YORK CENTRE15 ETOBICOKE CENTRE16 MISSISSAUGA-ERIN MILLS17 BRAMPTON SOUTH18 BRAMPTON NORTH19 AURORA-OAK RIDGES-RICHMOND HILL

ST. CATHARINESRankin ConstructionWork Authority

NIAGARACENTRE

ESSEX

WINDSOR WESTWork Authority

WINDSORTECUMSEH

BURLINGTONABB Automation Inc.JNE EnvironmentalJohnson ControlsToshont Power ProductsWork Authority

AeconBWXT Canada Ltd.Golder Associates

Work Authority

Nortrax Canada Inc.

Air Products Ltd.Charles Jones Industrial

Ideal Supply

NA Engineering/NA Geomatics

E.S. Fox Ltd.Niagara Energy ProductsNiagara Fasteners Inc.

Seal X Supply Ltd.

Cameco

Northern OntarioSchool of Medicine

Arnprior

Toronto

HamiltonBurlington

Oakville

Guelph

Kincardine

Mississauga

WhitbyOshawa

Belleville

Peterborough KingstonBarrie

PickeringAjax

Ottawa

Sarnia

St. Catharines

Nanticoke

Niagara Falls

Owen Sound

Blind River

Goderich Brampton

Cambridge

Waterloo

Kitchener

London

Windsor

Port Elgin

Tiverton

Pickering NuclearGenerating Station

Darlington NuclearGenerating Station

Bruce Power

Sheet Metal/Roofers#473

IBEW#804 Boilermakers

#128

Operating Engineers#793

Teamsters#230/879

Insulators#95

Plumbers/Pipefitters#527

Labourers #1059Millwrights

#1592

Carpenters#2222

Painters/Plasterers#1590 CUSW

Ironworkers/Rodmen#736

Black and McDonaldBremarCanadian BearingsCRG Energy Products Inc.Crossby Dewar

AECOME.S. Fox Ltd.Sargent & Lundy

DON VALLEY NORTH

MISSISSAUGA-STREETSVILLEAir Products Ltd.

GE CanadaGolder Associates

Lakeside Process Controls Ltd.Tetra Tech Canada Inc.

MISSISSAUGA-LAKESHOREHatchRoan International Inc.SNC-Lavalin MISSISSAUGA CENTRE

Praxair Canada Inc.

Quatic Industries Ltd.UPI Energy FS

Work Authority

Commissioning and Technical Services

Cameco Corporation

Work Authority

ETOBICOKE-LAKESHOREInformation Systems Architects Inc.KinectricsPomerleau Inc.

MISSISSAUGA EAST-COOKSVILLEIntegrated Network & Systems Inc.

DON VALLEY EASTJacobs Engineering GroupWork Authority

TORONTO CENTREBlack and McDonald

SPADINA-FORT YORKBurns & McDonnellHydro AireKinectricsMcCarthy TetraultNuvia Canada Inc.Sierra Systems Inc.Stantec

UNIVERSITY-ROSEDALEAMEC Foster Wheeler

TORONTO-ST. PAUL’STundra Technical Solutions

BRAMPTON EASTEnergy Solutions Canada

BRAMPTON CENTREAir Products Ltd.

ABB Automation Inc.Cahill Constuctors

Work Authority

ETOBICOKE NORTHAecon

BremarShawcor

HUMBER RIVER-BLACK CREEKTriumph Gear Systems

VAUGHAN-WOODBRIDGECrane Supply

Work Authority

MISSISSAUGA-MALTONAnixter

Canadian BearingsEaton Industries Canada

GN Johnston Equipment Co Ltd.Newman Hattersley Ltd.

Motion Electric Motor ServicesRN Tooling Corporation

Stuart Hunt and Associates Ltd.Tundra Technical Solutions

Work Authority

MARKHAM-UNIONVILLEIBMStantecWorley

NEWMARKET-AURORACurtiss-Wright Nuclear Canada

RICHMOND HILLAECOMCompugenJohnson Controls

THORNHILLValard Construction

KING-VAUGHANBC Instruments

YORK SOUTH-WESTONBWXT Nuclear Energy Canada

BRAMPTON WESTSenior Flexonics

Charles Jones Industrial Patriot ForgeNiagara Energy ProductsNDT Group Inc.

NDT Group Inc.

BWXT CanadaBrotech Precision CNCMacDonnell Fuels Ltd.PepcoStevcon PackagingUnited Controls International

AeconAcurenBremar

BWXT CanadaCahill Constructors

GlobotechHatch

Ideal SupplyLakeside Precision Controls

Levitt Safety Ltd.Promation Nuclear

PTAGOCNI

RevenewRolls-RoyceSNC-Lavalin

WilliamsWork Authority

AbraflexHydro AireMcCullough FuelsPrice SchonstromUnited Rentals

B.M. Ross & Associates

Energy Solutions CanadaBC Instruments

Kinectrics

B.M. Ross & Associates

AkramoldLaker Energy Products

Black & McDonaldBurns & McDonnellCanadian Bearings

Energy Solutions CanadaIan Martin Group

KinectricsModus Strategic Solutions

Nuvia Canada Inc.Sierra Systems

Rankin Construction

2M PowerAECOMAlberici

AMEC Foster WheelerCRG Energy Products Inc.

CTSNAFramatome

EMC Power CanadaE.S. Fox Ltd.

GEIdeal Supply

Johnson ControlsKinectrics

NA Engineering/NA Geometrics

AECOMAir Products Ltd.

CRG Energy Products Inc.Great Lakes Industrial Controls

Swagelok Southwestern OntarioWorley

Work Authority

BWXT Nuclear Energy CanadaNu-Tech Precision Metals Inc.

BWXT-ITGNordion

BWXT Nuclear Energy CanadaGERolls-Royce

Brotech PrecisionCNC

Work Authority

BC Instruments

Patriot Forge

Nuclear Promise XPCL

RCM TechnologiesSargent & Lundy

ShawcorShoreline Power Group

StantecSpecial Electronics and Design

Tetra Tech CanadaTundra Technical Solutions

Worley

Work Authority

ECONOMIC IMPACT

Bruce Power's operations support 22,000 direct and indirect jobs annually, contributing $4 billion through the direct and indirect spending in operational equipment, supplies, materials and labour income in Ontario. Approximately 480 companies directly do business with Bruce Power and these organizations in turn work with hundreds of sub-suppliers.

Over the next 20 years, as Bruce Power refurbishes its fleet through its Life-Extension and Major Component Replacement (MCR) project, it will add an incremental 5,000 direct and indirect jobs, and an incremental $2 billion in annual direct and indirect spending.

More than 90 per cent of Bruce Power’s capital and resource costs are spent in Ontario, and the company’s supply chain supports hundreds of businesses throughout the province. 90%

More than

of Bruce Power's capital and resource costs are spent in Ontario.

HURON-BRUCE

BRUCE-GREY-OWEN SOUND

PARRY SOUND-MUSKOKA

NIPISSING

TIMISKAMING-COCHRANE

NICKEL BELT

SUDBURY

ALGOMA-MANITOULIN

RENFREW-NIPISSING-PEMBROKE

KANATA-CARLETON

CARLETON

GLENGARRY-PRESCOTT-RUSSELL

OTTAWA-VANIER

ORLEANSOTTAWA WEST-NEPEANWork Authority

OTTAWA CENTREPomerleau Inc.Tundra Technical Solutions

OTTAWASOUTH

NEPEAN

LANARK-FRONTENAC-KINGSTON

LEEDS-GRENVILLE-THOUSAND ISLANDS AND

RIDEAU LAKES

STORMONT-DUNDAS-SOUTH GLENGARRY

NORTHUMBERLAND-PETERBOROUGH

SOUTH

KINGSTON ANDTHE ISLANDS

BAY OF QUINTE

HASTINGS-LENNOXAND ADDINGTON

PETERBOROUGH-KAWARTHA

HALIBURTON-KAWARTHA LAKES-

BROCK

SIMCOENORTH

PERTH-WELLINGTON

LAMBTON-KENT-MIDDLESEX

SARNIA-LAMBTON

CHATHAM-KENT-LEAMINGTON

ELGIN-MIDDLESEX-LONDON

LONDONWEST

LONDONNORTHCENTRE

LONDON-FANSHAWEJohnson ControlsWork Authority

OXFORD

HALDIMAND-NORFOLK

BRANTFORD-BRANT

KITCHENER-CONESTOGA

WATERLOOJacobs Engineering Group

Stantec

KITCHENERCENTRE

KITCHENER SOUTH-HESPELER

ATS AutomationWork Authority

WELLINGTON-HALTON HILLS 17

1815

1

14 12

19

1110

9 8

76

513

2 34

16

MILTONGUELPH

FLAMBOROUGH-GLANBROOK

Intech International Inc.HAMILTON WEST-

ANCASTER-DUNDAS

HAMILTONMOUNTAIN

HAMILTON EAST-STONEY CREEKAECOMCharles Jones Industrial Crane SupplyStern Laboratories Inc.ToshibaWork Authority

HAMILTON CENTRE

OAKVILLE NORTH-BURLINGTONCommissioning and Technical ServicesCTSNA

OAKVILLEABB Automation Inc.AcurenHooper Welding EnterprisesIan Martin GroupKiewit Energy Group CanadaLaker Energy ProductsLevitt Safety Ltd.Promation Nuclear

CAMBRIDGE

NIAGARAWEST

NIAGARAFALLS

DUFFERIN-CALEDON

SIMCOE-GREY

BARRIE-SPRINGWATER-ORO-MEDONTE

YORK-SIMCOE

DURHAM

OSHAWA

AJAX

MARKHAM-STOUFFVILLEPTAG Inc.GE WILLOWDALE

EcklerGlobotech

WHITBY

PICKERING-UXBRIDGE2M PowerBWXT Canada Ltd.Canadian BearingsCRG Energy Projects Inc.FramatomeOCNIRCM Technologies Canada Corp.Tetra Tech Canada Inc.TRC Ltd.

1 PARKDALE-HIGH PARK2 DAVENPORT3 TORONTO-DANFORTH4 BEACHES-EAST YORK5 SCARBOROUGH SOUTHWEST6 SCARBOROUGH CENTRE7 SCARBOROUGH-GUILDWOOD8 SCARBOROUGH-ROUGE PARK9 SCARBOROUGH NORTH10 SCARBOROUGH-AGINCOURT11 MARKHAM-THORNHILL12 DON VALLEY WEST13 EGLINTON-LAWRENCE14 YORK CENTRE15 ETOBICOKE CENTRE16 MISSISSAUGA-ERIN MILLS17 BRAMPTON SOUTH18 BRAMPTON NORTH19 AURORA-OAK RIDGES-RICHMOND HILL

ST. CATHARINESRankin ConstructionWork Authority

NIAGARACENTRE

ESSEX

WINDSOR WESTWork Authority

WINDSORTECUMSEH

BURLINGTONABB Automation Inc.JNE EnvironmentalJohnson ControlsToshont Power ProductsWork Authority

AeconBWXT Canada Ltd.Golder Associates

Work Authority

Nortrax Canada Inc.

Air Products Ltd.Charles Jones Industrial

Ideal Supply

NA Engineering/NA Geomatics

E.S. Fox Ltd.Niagara Energy ProductsNiagara Fasteners Inc.

Seal X Supply Ltd.

Cameco

Northern OntarioSchool of Medicine

Arnprior

Toronto

HamiltonBurlington

Oakville

Guelph

Kincardine

Mississauga

WhitbyOshawa

Belleville

Peterborough KingstonBarrie

PickeringAjax

Ottawa

Sarnia

St. Catharines

Nanticoke

Niagara Falls

Owen Sound

Blind River

Goderich Brampton

Cambridge

Waterloo

Kitchener

London

Windsor

Port Elgin

Tiverton

Pickering NuclearGenerating Station

Darlington NuclearGenerating Station

Bruce Power

Sheet Metal/Roofers#473

IBEW#804 Boilermakers

#128

Operating Engineers#793

Teamsters#230/879

Insulators#95

Plumbers/Pipefitters#527

Labourers #1059Millwrights

#1592

Carpenters#2222

Painters/Plasterers#1590 CUSW

Ironworkers/Rodmen#736

Black and McDonaldBremarCanadian BearingsCRG Energy Products Inc.Crossby Dewar

AECOME.S. Fox Ltd.Sargent & Lundy

DON VALLEY NORTH

MISSISSAUGA-STREETSVILLEAir Products Ltd.

GE CanadaGolder Associates

Lakeside Process Controls Ltd.Tetra Tech Canada Inc.

MISSISSAUGA-LAKESHOREHatchRoan International Inc.SNC-Lavalin MISSISSAUGA CENTRE

Praxair Canada Inc.

Quatic Industries Ltd.UPI Energy FS

Work Authority

Commissioning and Technical Services

Cameco Corporation

Work Authority

ETOBICOKE-LAKESHOREInformation Systems Architects Inc.KinectricsPomerleau Inc.

MISSISSAUGA EAST-COOKSVILLEIntegrated Network & Systems Inc.

DON VALLEY EASTJacobs Engineering GroupWork Authority

TORONTO CENTREBlack and McDonald

SPADINA-FORT YORKBurns & McDonnellHydro AireKinectricsMcCarthy TetraultNuvia Canada Inc.Sierra Systems Inc.Stantec

UNIVERSITY-ROSEDALEAMEC Foster Wheeler

TORONTO-ST. PAUL’STundra Technical Solutions

BRAMPTON EASTEnergy Solutions Canada

BRAMPTON CENTREAir Products Ltd.

ABB Automation Inc.Cahill Constuctors

Work Authority

ETOBICOKE NORTHAecon

BremarShawcor

HUMBER RIVER-BLACK CREEKTriumph Gear Systems

VAUGHAN-WOODBRIDGECrane Supply

Work Authority

MISSISSAUGA-MALTONAnixter

Canadian BearingsEaton Industries Canada

GN Johnston Equipment Co Ltd.Newman Hattersley Ltd.

Motion Electric Motor ServicesRN Tooling Corporation

Stuart Hunt and Associates Ltd.Tundra Technical Solutions

Work Authority

MARKHAM-UNIONVILLEIBMStantecWorley

NEWMARKET-AURORACurtiss-Wright Nuclear Canada

RICHMOND HILLAECOMCompugenJohnson Controls

THORNHILLValard Construction

KING-VAUGHANBC Instruments

YORK SOUTH-WESTONBWXT Nuclear Energy Canada

BRAMPTON WESTSenior Flexonics

Charles Jones Industrial Patriot ForgeNiagara Energy ProductsNDT Group Inc.

NDT Group Inc.

BWXT CanadaBrotech Precision CNCMacDonnell Fuels Ltd.PepcoStevcon PackagingUnited Controls International

AeconAcurenBremar

BWXT CanadaCahill Constructors

GlobotechHatch

Ideal SupplyLakeside Precision Controls

Levitt Safety Ltd.Promation Nuclear

PTAGOCNI

RevenewRolls-RoyceSNC-Lavalin

WilliamsWork Authority

AbraflexHydro AireMcCullough FuelsPrice SchonstromUnited Rentals

B.M. Ross & Associates

Energy Solutions CanadaBC Instruments

Kinectrics

B.M. Ross & Associates

AkramoldLaker Energy Products

Black & McDonaldBurns & McDonnellCanadian Bearings

Energy Solutions CanadaIan Martin Group

KinectricsModus Strategic Solutions

Nuvia Canada Inc.Sierra Systems

Rankin Construction

2M PowerAECOMAlberici

AMEC Foster WheelerCRG Energy Products Inc.

CTSNAFramatome

EMC Power CanadaE.S. Fox Ltd.

GEIdeal Supply

Johnson ControlsKinectrics

NA Engineering/NA Geometrics

AECOMAir Products Ltd.

CRG Energy Products Inc.Great Lakes Industrial Controls

Swagelok Southwestern OntarioWorley

Work Authority

BWXT Nuclear Energy CanadaNu-Tech Precision Metals Inc.

BWXT-ITGNordion

BWXT Nuclear Energy CanadaGERolls-Royce

Brotech PrecisionCNC

Work Authority

BC Instruments

Patriot Forge

Nuclear Promise XPCL

RCM TechnologiesSargent & Lundy

ShawcorShoreline Power Group

StantecSpecial Electronics and Design

Tetra Tech CanadaTundra Technical Solutions

Worley

Work Authority

The Ontario Chamber of Commerce (OCC) released a report outlining an impartial economic impact assessment of the MCR project undertaken as a part of Bruce Power’s Life-Extension Program. The report reveals that the 13-year long MCR Project would be of significant benefit to the economy through economic impact, GDP increase, tax revenue, and opportunities for local workers and industry.

The OCC’s analysis of economic benefit from the MCR revealed: • Canadian economic impact to be between $8.1 and $11.6 billion• Ontario GDP to increase between $4.8 and $7.1 billion;• Ontario labour to receive between $3.8 and $4.6 billion and Canadian workers

located in other provinces to receive an additional $300 million

PUBLIC OPINION

Bruce Power relies on the support and commitment of surrounding communities. In a phone survey of 605 randomly selected Ontario 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.

80%of residents support the Life-Extension at Bruce Power

73%of Ontarians agree nuclear energy is a critical part of the global climate change solution

75%agree that investment in nuclear will strengthen Canadian research and innovation

As an emissions-free generator, Bruce Power is an integral component to helping Ontario meet its climate change objectives, while simultaneously creating jobs, driving Ontario economic growth and supporting innovation. Our poll found:

68%of Ontarians agree that nuclear energy helps keep electricity prices stable

66%of Canadians are concerned about ceding their leadership position in isotope production and research and development

63%of Canadians support the development of a national strategy for isotopes to ensure Canada remains at the forefront of the isotope sector

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.

Ontarians rely on Bruce Power every day to power their homes and businesses with low cost affordable electricity. Our poll found that:

77% of Ontarians remain committed to Ontario being energy independent and agree that Ontario must prioritize generating enough energy to meet its needs rather than importing from other jurisdictions such as Quebec

73%agree that nuclear provides economic opportunities for Canada

P.O. Box 1540, Tiverton, Ontario Canada N0G 2T0 brucepower.com 1-866-748-4787

© 2019 Bruce Power L.P. Published work. All rights reserved.

CS190484A R002 JAN2020