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 Ontario Hydro

Ontario Hydro

Ontario Hydro

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updated Sun. April 1, 2018

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Hydro One Chief Executive Officer Mayo Schmidt earns $20,808 a week in base salary. (Bloomberg / GETTY IMAGES file photo). By Rob FergusonQueen's Park Bureau. Fri., March 30, 2018. It was a good year to be the boss at Hydro One. Chief executive officer Mayo Schmidt got a $1.7-million raise, lifting his total ...
“There is an affordability crisis in Ontario. Hydro rates have skyrocketed, taxes and fees have ballooned, and our provincial debt is the highest of any province or state in the world – compromising the services we all depend on," he wrote in an email. "The Liberals have had 15 years to take health care, ...

The head of Hydro One was paid almost $6.2 million last year – as much as 10 times what comparable electricity executives in the country earn, Progressive Conservative finance critic Vic Fedeli says. “(PC Leader Doug Ford) is livid over this,” Fedeli said Thursday. “And he said we will rein in executive ...
TORONTO -- No evidence exists that Ontario Premier Kathleen Wynne or any of her senior ministers acted in bad faith when they made the surprise decision to privatize part of provincial utility Hydro One, the province's top court ruled on Tuesday. Upholding an earlier ruling dismissing a lawsuit against the ...
Hydro One is a Toronto-based utility that primarily services the province of Ontario. Hydro One stock has dropped 6% in 2018 as of close on March 26. There are a number of factors that have generated an environment plagued by uncertainty for Canadian utilities in 2018. The murky fate of NAFTA and ...
Toronto-based Hydro One — the privatized and rebranded Ontario Hydro — remains the province's biggest electricity provider for farming customers. NPEI serves residential and business customers in Niagara Falls, the towns of Lincoln and Pelham and the township of West Lincoln, all of which jointly own ...

Ontario Premier Kathleen Wynne waits for Gov.Gen. Julie Payette outside the Ontario Legislature in Toronto on Tuesday, February 20, 2018. Ontario Power Generation executives, a pair of hospital CEOs, and the president of a corporation that manages investments for a university are amongst the highest ...
Asked about Ontario's hydro prices, Sharma says, as a society, we've chosen to shut down coal and in return, there is some added cost our electricity, but he wouldn't speak to the politics surrounding the soaring costs. “I cannot control the political side of the price, but I can give [my customers] the tools to ...
On April 20, 1975, the feisty eight-year-old chestnut gelding broke his own Flamboro record to cap an “official” Flamboro Downs opening night. Ted worked almost 40 years for Ontario Hydro. He was a passionate community builder, an athlete and sportsman, generous with his time, talents and resources.
The Ontario Hydro First Nations Delivery Credit took effect in August 2017, which eliminated delivery charges to consumers living on-reserve. Both Premier Wynne and her Minister of Indigenous Relations and Reconciliation, David Zimmer has been consistent in meeting with First Nations leadership.
MANITOULIN—It appears as though telephone, Internet and cable service costs to customers in Ontario could be increasing significantly if Ontario Hydro has its way, says Algoma-Manitoulin MPP Michael Mantha. “Basically, because of the Hydro One privatized system in Ontario it is being proposed that all ...
After nearly 15 years in power, Rickford describes the Liberal government as “on life-support” citing examples of scandals and mismanagement on files ranging from Ontario Hydro, eHealth, to energy, gas plants, public sector executive salaries and job losses in manufacturing. “This was the province that ...
If we discount the sins of the father visited upon the sons, what's the big thing everyone should hate Wynne for, other than being too left to be a proper Conservative and too right to be a proper Progressive? What should Ontarians be most angry at? The sell-off of Ontario Hydro. Whatever else she may have ...
In December 2016, Peterborough City Council decided to accept the offer from Hydro One, despite strong opposition from members of the community. Shortly after the City of Peterborough issued its media release, Ontario Hydro issued a similar release that also provides few details on why the negotiations ...
Rick Salutin is trying to understand why Kathleen Wynne is despised when she's done many things right. Selling Hydro One left a bitter taste people cannot shake. "Ontario Hydro was a public undertaking funded by the public that returned benefits to all," writes Rick Salutin. "You can't sell it, you can only ...
I spent the first 5 years of my 41 years in the industry there. I worked with some of the most technically excellent engineers I have ever encountered and got training on equipment and power plants that I have yet to see surpassed... especially in this day and age. Of course that's when it was "Ontario Hydro".
As described in the Updated Analysis of the Partial Sale of Hydro One report, approximately half of the proceeds from the sale of Hydro One are being applied to reduce debt associated with the former Ontario Hydro; the other half is to be used to fund infrastructure spending. Based on its own analysis, the ...

As described in the Updated Analysis of the Partial Sale of Hydro One report, approximately half of the proceeds from the sale of Hydro One are being applied to reduce debt associated with the former Ontario Hydro; the other half is to be used to fund infrastructure spending. Based on its own analysis, the ...
The Peterborough resident notes Ontario's hydro used to be abundant and cheap, but that changed under the Liberals. “Look at it now, it's a mess,” he says. He's also supporting Ford's campaign promise to reverse Ontario's new sex ed curriculum, saying that most kids already know about LGBTQ+ issues.
ONTARIO—Ontario Premier Kathleen Wynne's reckless 'fire sale' of Hydro One will continue to make life harder for Ontario families, according to the Ontario Tories, citing Ontario's Financial Accountability Officer (FAO). “Since day one the Ontario PC's have opposed Kathleen Wynne's sale of Hydro One,” ...
Hydro One Ltd. topped expectations as it reported its fourth-quarter profit was up more than 20 per cent compared with a year ago. The parent company of Ontario's largest electricity transmission and distribution utility says it earned a profit attributable to common shareholders of $155 million or 26 cents per ...
TORONTO -- Taxpayers would have saved $1.8 billion if the Ontario government had taken on traditional debt to fund infrastructure projects instead of partially privatizing Hydro One to pay for the work, the province's fiscal watchdog said Monday. In a report that examined the Liberal government's sale of ...
All First Nations communities in Ontario have bought into the Dis-mantling of ALL Our Birthright, Ontario Hydro. They have $mart Meter$ on Reserves just like everyone else. Peak Rate @ 0.18 cents a Kw is 353% above our Base Rate Pre-Smart Meters. Ontario completes sale of Hydro One shares to First ...
(Hydro means water.) It's our bloodstream. It's a social necessity. Ontario Hydro was a public undertaking funded by the public that returned benefits to all. You can't sell it, you can only swipe it and hand it over, as Wynne did. The buyers won't do anything to improve it; they'll just squeeze it to extract profits.
ONTARIO—Ontario Premier Kathleen Wynne's reckless 'fire sale' of Hydro One will continue to make life harder for Ontario families, according to the Ontario Tories, citing Ontario's Financial Accountability Officer (FAO). “Since day one the Ontario PC's have opposed Kathleen Wynne's sale of Hydro One,” ...
We are located near the Ontario Hydro power dam and grid. We needed an “extension cord.” There were three lines joining our grid to Ontario Hydro that had never been used. They had a thick coating of ice. When the circuit was energized, the conductors warmed, and chunks of ice began to fall off ...
Gawley is a professional accountant with over 35 years experience in various municipal roles, plus managing the former Dresden Public Utilities Commission and positions with the former Ontario Hydro. “Scott did a wonderful job,” West Elgin Mayor Bernie Wiehle told The Chronicle. “It's been an honour ...
According to covenants on the Forward House deed, that land was granted for park purposes, and should it no longer be used for park purposes it will have to be re-conveyed back to the grantor which was Ontario Hydro. The cost to restore both buildings would exceed $650,000. The 2018 draft budget ...
Police, professional firefighters, teachers, Ontario Hydro, the useless LHINs and many others on the public payroll are getting fat at taxpayers' expense, while many taxpayers are struggling to make ends meet. The outrageous buyout of $870,000 plus benefits and all the rest for retired Niagara Regional ...
Hydro One Ltd. (TSX:H) fell 2.02% on February 6, and shares have plummeted 7.1% in 2018. The stock is down 13.4% year over year. The Toronto-based company provides transmission and distribution of electricity to southern Ontario. Hydro One has been a source of controversy since its privatization ...
And so—at a time when the word of authority was taken with less questioning than today—residents in the soon-to-be flooded areas generally accepted all of this as “progress”, negotiated the terms of relocation with the Ontario's hydro authorities, and moved on to new lives in new communities. Gradually ...
Ontario's Hydro One is getting raked over the coals for spending $15M to redesign that piece of paper that arrives in the mail each month telling you how much you owe. And no, that price tag isn't about replacing an entire I.T. system, just the bill. Even in the framework of irresponsible public sector utilities ...
Dave Myette, a former Ontario Hydro and OPG employee, asked why OPG's priority seemed to be promotion of low-and intermediate-level nuclear waste management plans, ahead of plans for the spent fuel DGR. Morton said it was not a matter of supporting one over the other, but a timing issue and that a ...
Ontario's largest and recently privatized electricity utility has spent $9 million to redesign bills and is proposing to spend an additional $6 million on the project. Hydro One has come under fire for spending since the Liberal government sold more than half of the company, notably for its CEO's $4.5-million ...
TORONTO -- Hydro One has spent $9 million to redesign bills and is proposing to spend an additional $6 million on the project. The NDP is raising concerns with the $15-million expense contained in a rate application from the formerly public utility. Energy critic Peter Tabuns says that's a ridiculous amount, ...
Hydro One has spent $9 million in a $15 million dollar project to redesign its bills for customers. Roberto Machado Noa / File / LightRocket / Getty Images. X. - A A +. Listen. TORONTO – Hydro One has spent $9 million to redesign bills and is proposing to spend an additional $6 million on the project.
Clearly, voters have lots of reasons to be unhappy with Wynne's performance, such as her decision to sell off a big chunk of Ontario Hydro, high electricity rates and special deals with teacher unions. At the same time, though, Wynne has launched some of the most popular and progressive programs in the ...
The municipal power agency says it lost its power supply from Ontario Hydro, causing power outages in the area between Yonge Street and Victoria Park Avenue, Eglinton Avenue East and Lake Shore Boulevard. The municipal hydro agency says power had been returned to all homes as of 8:15 a.m. ...
They were warned business could not absorb such a hike and its ancillary requirements, but Wynne plowed on. Business responded with media focus on a Tim Hortons franchise owned by Ron Joyce Jr., son of the Hortons co-founder. READ MORE: Customers could pay steep price for Ontario's hydro plan, ...
Beckstead said the criticism hurled at the utility was justified. He recalled how — even after the power company brought a representative to Ottawa to work with the emergency team — she didn't have any decision-making authority. It was clear, he said, that Ontario Hydro didn't understand the seriousness of ...
"They were sharply critical of the so-called Fair Hydro Plan and the phoney 25 per cent rate cut until they decided that their main criticism of the Fair Hydro Plan is that it doesn't go far enough," he said. Adams says the history of Ontario's hydro system has created what's in placed now. "The reality of the ...
Ontario Premier Kathleen Wynne attends the Confederation of Tomorrow 2.0 Conference in Toronto on Tuesday December 12, 2017. THE CANADIAN PRESS/Chris Young. As we enter 2018, here's a legacy from her past four years as Ontario's premier that Kathleen Wynne would prefer no one talk about.
The Wack MCs have the “Hydro Blues.” “Look at this bill -- am I reading it right?” they rap in a new music video. “If I feed my kids, I gotta shut off my lights?” Released this week, “Hydro Blues” is a tongue-in-cheek jab at Ontario Premier Kathleen Wynne and her government's energy policies.
Hydro One is considering allowing its customers to use pre-paid meters for their electricity use. The proposal is contained within a massive Ontario Energy Board (OEB) application, which also asks for a rate increase of 0.5 per cent this year and 4.8 per cent next year. The application says the pre-paid ...
Electricity customers in Ontario struggling to pay their hydro bills will no longer need to worry about being disconnected during the winter. The Ontario Energy Board (OEB) announced Thursday it has permanently banned utility companies in the province from disconnecting residential customers for ...
In ten years, Ontario's electricity ratepayers can expect to pay an average of $181 a month — $54 more than the current provincial average. The projected rates were released Thursday as part of Ontario's latest long-term energy plan, which forecasts prices until the mid-2030s. The updated rate predictions ...
Hydro One Ltd. topped expectations as it reported its fourth-quarter profit was up more than 20 per cent compared with a year ago. The parent company of Ontario's largest electricity transmission and distribution utility says it earned a profit attributable to common shareholders of $155 million or 26 cents per ...
Ontario Premier Kathleen Wynne speaks to media at Legislative Assembly of Ontario in Toronto on Thursday Jan. 25, 2018. Wynne has told a news conference she won't call an early election ahead of the province's June vote, saying the situation isn't about politics.Frank Gunn / THE CANADIAN PRESS.
It became prototype of the internationally successful Candu line of heavy water reactors, and for 25 years afterwards was used to train Ontario Hydro workers on the operation of a nuclear power station. The NPD was shut down in 1987, drained of water and depowered, fuel elements removed and stored at ...
Eliesen, who is also the former chair and CEO of Ontario Hydro and the Manitoba Energy Authority, points out that O'Riley subsequently told the BCUC that “nothing has occurred that would suggest to us that we are facing the type of large overruns” speculated in a September 2017 report by Deloitte LLP, ...


 

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