Hydro One had one acquisition rebuffed as it announced another proposed target. ...
Tag Archives: Hydro One
Hydro One unveils new-look bill for customers
A line on the bill will mention the Fair Hydro Plan savings. ...
Hydro One says its rate application mischaracterizes its potential plans for prepaid meters
If Hydro One uses prepaid meter technology, it wouldn't cut customers off in the winter, a representative says. ...
Hydro One CEO Mayo Schmidt on the past two years, growth and acquisitions
The executive of Ontario's leading energy company lays out what he sees in the industry's future. ...
Hydro One appeals Ontario Energy Board tax ruling
The ruling could cost Hydro One $50 million over two years. ...
Progressive Conservatives flag credit rating agencies’ negative outlooks on Hydro One
Finance critic Vic Fedeli says the rating agencies have found that the proposed purchase of a U.S. utility distances Hydro One from the provincial government. ...
AMO 2016: Horwath hits hydro hard, calls for HST removal on bills
Horwath promised that an NDP government, if elected, would remove the 8 per cent provincial portion of the harmonized sales tax from hydro bills. ...
Seen: Hydro One registers its first-ever lobbyist
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Seen: Hydro One ombudsman office opens its doors
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Discussions underway on First Nations ownership stake in Hydro One
The province has also provided 'capacity funding' for the Chiefs of Ontario to 'hire legal and financial technical assistance so they can grasp a lot of the ins and outs of the IPO' ...
Province pulls in $1.83B from Hydro One share sale
The government says it will also receive a $2.2-billion deferred tax asset benefit and a special payment of $1 billion from Hydro One ...
Seen: Hydro One CEO opens TSX Monday
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Hydro One shares gain more than 5 per cent in first day of trading
Provincial government pulls off one of the biggest IPOs in Canadian history on Thursday, as shares of Hydro One hit stock market ...
Hydro One taps Toronto watchdog as company’s new ombudsman
Fiona Crean appointed as company's first-ever in-house ombudsman ...
Purchase: Rationalizing the Hydro One sale
Columnist Bryne Purchase writes that despite opposition criticism, the ruling Liberals continue to press ahead with the Hydro One sale for understated reasons. ...
Hydro One at top of agenda as Wynne holds private chats with opposition leaders
Such meetings are unusual around Queen's Park, but will take place after a request from Patrick Brown, who is seeking to give his PCs a more congenial and constructive tone. ...
Chiarelli says Supreme Court ruling on OPG-OEB dispute will apply to Hydro One
A recent ruling by the top court confirmed Ontario Energy Board's mandate in making sure the costs OPG seeks to pass off to customers are just and reasonable, energy minister says ...
Happening: Lobby group releases list of 165 municipalities opposing Hydro One IPO
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Five things you might have missed in the Hydro One prospectus
Plenty of tidbits are buried in lengthy preliminary prospectus for Hydro One IPO ...
With Hydro One IPO details out, Liberals declare ‘progress made’ on infrastructure projects
Premier Wynne says the opposition leaders and general public should focus on new value being created in infrastructure – not just on controversy around Hydro One partial sale ...
Purchase: Could partly privatized Hydro One become more dynamic
Columnist Bryne Purchase writes on whether a partially privatized Hydro One utility will become more dynamic ...
Horwath plans to keep up the pressure against Hydro One sale this fall
But with the initial public offering expected before the end of this fiscal year, there's no indication the Liberal government intends to back down on the partial sell-off ...
Brown’s first question period puts focus on hydro rates and first responder benefits
Brown opened up his first question period with a call for a more congenial atmosphere in the house – and then immediately attacked the Liberal government ...
Voting day in Simcoe North as Patrick Brown vies for seat
While Brown is hoping to cruise to an easy victory in safe PC territory, NDP will also get their first indication of whether Hydro One issue translates into voter support on election day ...
Wynne concedes native dialogue requires ‘corrections’
The premier says steps are being taken to improve consultations with First Nations over the Hydro One IPO and high-level talks are already under way. ...
Chambers of commerce call for ‘concrete evidence’ Hydro One IPO won’t hike electricity prices
A letter endorsed by chambers of commerce across Ontario suggests the Liberal government make the Hydro One IPO process more transparent ...
Hydro One board taps agri-biz exec as new president and CEO
Mayo Schmidt has been named the incoming president of Hydro One, taking over for departing Carmine Marcello ...
Another Hydro One union quietly agrees to tentative contract prior to IPO
Hydro One and the Society of Energy Professionals reportedly agreed on a new, tentative labour contract one week after the Crown utility's new board was appointed. ...
Only hints offered about outstanding issues in Hydro One Brampton merger talks
Two municipal utilities involved in the proposed Hydro One Brampton merger have tapped lobbyists to talk tax policy with the government. ...
Government poll shows strong support for keeping Hydro One in public hands
Government polling suggests even stronger support for maintaining public ownership of Ontario Power Generation. ...
Wanted: A new Hydro One ‘ombudsperson’
With the government removing the provincial ombudsman's oversight of Hydro One, the company is looking for a new company ombudsperson for the post-privatization era. ...
Chiarelli: Hydro One power workers ratified new ‘net zero’ contract – with shares included
Energy Minister Bob Chiarelli hails a new collective agreement at Hydro One he says brings 'transformational change' to employee pensions ...
NDP makes long-shot appeal for release of business studies for Hydro One privatization
Records will almost certainly be considered a Cabinet confidence, but rejection of a Freedom-of-Information request gives NDP another argument that Liberals are conducting sale secretively ...
Hydro One Brampton merger still being hashed out
Energy Minister Bob Chiarelli said in May that the utilities were 'targeting around the 1st of July' to seal the Hydro One Brampton deal ...
Financial accountability officer examining Hydro One privatization plan
In his first interview since starting in the job, Stephen LeClair says his office is still staffing up, but is hoping to have a report on the Hydro One plan done before the IPO takes place. ...
Purchase: Questions about democracy in Hydro One sale
Columnist Bryne Purchase points out the irony in the premier’s talk about ‘enhancing’ democratic governance while the issue of democracy is at stake in the plan to privatize a majority of Hydro One. ...
Speaker clears Hydro One executives of contempt of legislature
The key factor, according to Speaker Dave Levac, is the allegations took place outside the house chamber, and to the extent they involved MPPs, it wasn't related to their legislative work. ...
PCs launch campaign against Hydro One IPO using 2002 Liberal talking points
The tables have turned bizarrely, as 13-year-old Liberal talking points against the then-PC government's plan to privatize the utility are now being wielded by the PCs against the Liberal government's plan. ...
OPG workers ratify contract that would pay Hydro One shares
Energy Minister Bob Chiarelli says deal with Power Workers' Union works out to a 'net-zero' collective agreement the government has continued to pursue. ...
Sousa says province wants ‘a lot’ of retail investors involved in Hydro One IPO
Finance Minister Charles Sousa says the Hydro One IPO is 'going to be open for retail as well as institutional investors, but we’ll let the market prevail.' ...
Hydro One management ‘lied’ to oversight bodies, ombudsman says
Though Hydro One's CEO denies it, Ombudsman André Marin says the company's management 'obstructed and lied to' the Ministry of Energy in 2013 when asked about the escalating number of customer complaints. ...
Heard: Ad campaign launched against Hydro One sell-off
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Budget hearings day 3: Ombudsman, auditor general reject government’s defence of Hydro One oversight
Both legislative officers argued that Hydro One customers deserve to be protected by their oversight, and that potential investors shouldn't be scared off by added accountability ...
In rare move, legislative watchdogs sign joint letter protesting loss of Hydro One oversight
Dispute reflects tricky position province has put itself in with its privatization plan ...
Speaker swats away NDP contempt charge tied to power workers’ tentative deal
Speaker Dave Levac has sided with the Liberal government in quashing a point of privilege ...
Power workers could get shares of Hydro One under new contract, Tories claim money going to pay off pensions
Progressive Conservative MPP Lisa MacLeod accuses the government of trying to pay off pensions with the proceeds of the Hydro One IPO ...
Auditor general looking to clarify new disclosure and Hydro One oversight rules
Bonnie Lysyk tells QP Briefing she has questions about whether follow-up can be done for an ongoing Hydro One audit, and whether companies will be entitled to see reports even before the legislature. ...
New Democrats and labour draw battle lines over Hydro One sale
The NDP has launched a new website to combat the coming sale of part of Hydro One, joining some of its traditional labour allies in campaigning against privatization in the hydro sector. ...
As OEB increases hydro rates for May, both opposition parties slam proposed Hydro One IPO
The NDP continues its steadfast opposition to any privatization of the hydro sector, while the PCs advance a more nuanced line about saddling the company with too much debt. ...
Wynne touts Regional Express Rail as payoff from Hydro One plan
With the opposition parties and many others lining up to oppose the Hydro One sale, the Liberals are eager to move the discussion to the infrastructure benefits flowing from it. ...
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