Cost or timeline update
Tie the first Energy Dividend stage to the Host Municipal Agreement
The first Port Hope Energy Dividend stage was previously targeted for launch before the end of the 2026-2030 council term. It will now launch immediately when Port Hope signs the binding Host Municipal Agreement and the required first-year funding, administration costs and 24-month reserve are secured.
Public platform history is current.
Change record
- Type of change
- Cost or timeline update
- Date
- Affected commitment
- Wesleyville on Port Hope's Terms · Port Hope Energy Dividend
- Source record
- Structured change record
What changed
The first Port Hope Energy Dividend stage was previously targeted for launch before the end of the 2026-2030 council term. It will now launch immediately when Port Hope signs the binding Host Municipal Agreement and the required first-year funding, administration costs and 24-month reserve are secured.
Why it changed
The project and construction schedule are not fixed, so a 2030 calendar target could confuse residents or imply that the first benefit depends on construction beginning. Agreement signing is a clear event Port Hope can negotiate directly and enforce through the final municipal agreement.
What did not change
Jordan's firm support for new nuclear development at Wesleyville, the requirement for a binding Host Municipal Agreement, the $500, $1,000 and $1,500 annual maximum targets, quarterly maximums, the working household formula, eligibility and appeal rules, taxpayer protections, separate infrastructure and project-cost funding, the 24-month reserve, and the construction-stage and generation-stage triggers remain unchanged. The amounts remain campaign negotiating targets rather than an existing OPG offer or guaranteed entitlement.