Life in the Green Lane

Environmental journalist Candice Batista shares video clips and eco-savvy advice from her TV show, A Greener Toronto.

Toronto Community Housing, Canada’s largest social housing provider, and Corix Utilities, one of Canada’s sustainable utility infrastructure leaders, have forged an innovative partnership to run a cutting-edge, environmentally-friendly green energy system in the revitalized Regent Park – Regent Park Energy Inc.

The new joint venture will run a district energy system in Regent Park. The system will produce high-efficiency heating and cooling for all the residential and commercial buildings in Regent Park and will have the potential to generate electricity from green sources like cogeneration, solar and geothermal in the future. The energy generated by the district energy system will keep 400,000 tonnes of greenhouse gas out of the air over 30 years, the equivalent of taking 66,000 cars off the road for a year. The joint venture supports the Government of Ontario’s Go Green action plan on climate change and the City of Toronto’s Climate Change Action Plan.

Toronto Community Housing is investing $36 million and will own 60 per cent of Regent Park Energy Inc. to maintain majority ownership and control. Corix Utilities is investing $24 million for a 40 per cent stake – a significant vote of confidence in Toronto Community Housing’s efforts to create a new, successful, mixed-income community in Regent Park.

When fully built out in 2016, the Regent Park community energy system will serve 12,500 tenants and market condo owners and commercial tenants. The system is in the process of being commissioned and will be operational by May 2009 when the first tenants move into their new homes in Regent Park.  

"Toronto is a leader on the environment and climate change and this is further evidence of that,” said Toronto Mayor David Miller. “Toronto Community Housing is the country's biggest landlord and taking this step not only fulfills a long-standing desire of residents of the community, it is consistent with out climate change plan and will have a real and lasting impact in our efforts to reduce the city's carbon footprint. It's good for the neighbourhood, good for the city and good for the planet."

For more information visit www.torontohousing.ca

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