Thursday, July 24th14.1°C
21452

Hydro-Quebec granted rate increases by provincial energy regulator

MONTREAL - Quebec's energy regulator has approved a 4.3 per cent increase in Hydro-Quebec rates as of April 1.

The Regie de l'energie released its decision late Thursday afternoon.

Hydro-Quebec had originally asked for a 5.8 per cent increase but the energy regulator revised several of the Crown utility's calculations.

The increase for large industrial clients will be 3.5 per cent.

Hydro-Quebec cited losses incurred in windmill-energy contracts as one reason for seeking the hikes.

The Canadian Press


Read more Business News

21337


Recent Trending




Today's Market
S&P TSX15398.47+4.09
S&P CDNX1009.97-2.26
DJIA17090.103.47
Nasdaq4475.883+2.186
S&P 5001988.88+1.87
CDN Dollar0.9305-0.0019
Gold1297.50-7.00
Oil104.30-0.29
Lumber325.00-8.40
Natural Gas3.84+0.078

 
Okanagan Companies
Pacific Safety0.200.00
Knighthawk0.01-0.005
QHR Technologies Inc1.16+0.01
Cantex0.08+0.02
Anavex Life Sciences0.29-0.035
Metalex Ventures0.075+0.005
Russel Metals35.60-0.05
Copper Mountain Mining2.79+0.03
Colorado Resources0.21-0.005
ReliaBrand Inc0.10+0.019
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.19+0.01

 





FEATURED Property
2013415698 Balsam Road
5 bedrooms 3 baths
$559,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Geopolitical tensions rattle markets

The Big Picture Geopolitical tensions rattle markets The spectre of rising geopolitical tensions in Ukraine and Gaza cast a shadow over an otherwise positive week in the markets. News that a passenger...


Labour shortage in BC

The mainstream media are finally waking up to something unusual in British Columbia – a labour shortage. If the experience of Alberta is a guide to our own future, the highly skilled labour will...


Learn to delegate effectively

Photo: ContributedI have the pleasure of witnessing people delegate tasks quite often. Sometimes with tremendous success and sometimes with disastrous consequences. I have chaired a lot of committees...

_








Member of BC Press Council


22685