TBNewswatch
Summary
The city's tax base will get a boost if the Independent Electricity System Operator approves a proposal for a natural gas-fired power generation facility in the Intercity area near the waterfront.
"The unique part of this project is it's going to be a cogeneration facility, selling heat to Canada Malting's operation. Basically, there'll be a large storage tank that retains the heat when we're not operating, so Canada Malting can keep getting as much heat as possible."
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