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Heard: Toronto Hydro profits fall on higher capital spending

Toronto Hydro Corp. reported a lower net profit for its second quarter as the power distributor spent more heavily on capital projects. The company says it earned $31.2 million for the three months ended June 30, down from $37.6 million a year earlier. Hydro revenues rose to $148.9 million from $147 million. But during the […]

Published Aug 15, 2014 at 9:30am

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