Municipality of Meaford Welcomes Provincial Investment in Pre-Development Work for Proposed Pumped Storage Project

January 29, 2025The Municipality of Meaford is pleased to announce the Ontario government’s commitment to investing up to $285 million in advancing pre-development work for the proposed Ontario Pumped Storage Project, developed in partnership by TC Energy (TCE) and the Saugeen Ojibway Nation. This major step forward highlights the project’s potential to strengthen Ontario’s clean energy future and create new economic opportunities for our region.  

“The province’s decision to move forward with this project reflects its confidence in the role of pumped storage in strengthening Ontario’s energy grid as well as its fiscal and environmental responsibility for a project of this magnitude,” said Meaford Mayor Ross Kentner. “This decision also underscores the importance of Meaford Council taking a proactive approach in preparing for all potential outcomes. I sincerely appreciate the dedication of the community members who have volunteered their time to serve on our Pumped Storage Advisory Committee, ensuring that local voices remain an integral part of the discussion."  

The announcement made on January 24 by the Province marks a key milestone in exploring the feasibility of the project, which is planned to be located at the 4thCanadian Division Training Centre Meaford. The funding will support critical studies, including a detailed cost estimate and various environmental assessments. The Municipality of Meaford emphasizes that this project has been conditionally supported to ensure it aligns with the local community. A final decision from the Province of Ontario will be made once a detailed cost estimate is complete, which ensures the project is built only when it is in the best interest of Ontario ratepayers.  

Engaging Our Community and Ensuring Local Benefits  

The Municipality of Meaford values and prioritizes community engagement as a key driver in shaping the future of this proposed project. We are committed to encouraging open and ongoing conversations with residents to ensure their voices are heard and considered throughout the process.  

As part of the next steps, the Municipality will continue to engage with residents through the Pumped Storage Advisory Committee. This committee serves as a key forum for sharing information, voicing concerns, and advocating for Meaford’s interests. We strongly encourage residents to join upcoming meetings and share their ideas so we can work together to understand the potential impacts and make the most of the benefits this project could bring to our community.  

The Municipality of Meaford remains dedicated to advocating for the best interests of our community, ensuring that all decisions are made with transparency, careful consideration, and a commitment to long-term sustainability.  

For more information on the proposed Ontario Pumped Storage Project and upcoming community engagement opportunities, please visit our website at www.meaford.ca/pumpedstorage or contact Valarie Manning, Interim CAO.   

For media inquiries, contact:  

Holly Moroney 
Senior Communications Officer 
Municipality of Meaford 
21 Trowbridge Street West, Meaford 
519-538-1060 extension 1601| hmoroney@meaford.ca 

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Media Release - Municipality of Meaford Welcomes Provincial Investment in Pre-Development Work for Proposed Pumped Storage Project PDF