Ontario Raises $1.7 Billion From Hydro One Share Offering – Toronto, ON Ontario is building on its commitment to invest in transit, transportation, and other priority infrastructure by continuing to broaden the ownership of Hydro One through a secondary share offering. This offering will generate $1.7 billion, with net proceeds to be dedicated to the […]
Hydro One
Ontario Moving Ahead With Broadening Ownership of Hydro One
Preliminary Hydro One Prospectus Filed With the Ontario Securities Commission Ontario is moving ahead with its plan to broaden the ownership of Hydro One, in order to support the single largest investment in transit and transportation infrastructure in the province’s history, along with actions to strengthen Hydro One’s performance, customer service and system reliability. In […]
Ontario to Remove Debt Retirement Charge and Launch Low-Income Electricity Support Program
Province will be Assisting Low-Income Ontarians with Electricity Costs. Ontario is helping make electricity more affordable for families by removing the Debt Retirement Charge for all residential consumers and introducing the Ontario Electricity Support Program for low-income families. The proposed program, administered through the Ontario Energy Board, would come into effect on January 1, 2016 […]