Primary Country (Mandatory)

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • Singapore
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
      • USA TODAY
      • NBC News
      • CNBC
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
    • Singapore
      • CNA
      • The Straits Times
      • Lianhe Zaobao
Promised Manitoba Hydro rate freeze might be delayed as deficit at utility looms: minister

Promised Manitoba Hydro rate freeze might be delayed as deficit at utility looms: minister

CBC
Saturday, November 25, 2023 07:01:02 AM UTC

Manitoba's new NDP government might push back a promise to freeze hydroelectric rates for one year.

New numbers from Crown-owned Manitoba Hydro show the utility is now expecting a net loss this year instead of the profit it predicted in the spring

The utility blames, in part, dry summer conditions and lower levels of power-generating water.

Finance Minister Adrien Sala says the government still intends to temporarily freeze hydroelectric rates, but it might happen later than had been promised during the election campaign.

Sala said the former Progressive Conservative government should have known about Hydro's challenges and released an updated provincial deficit figure to include them.

Tory hydro critic Grant Jackson said the Tories made it clear in their last fiscal update that Hydro's finances would be challenged by the dry weather, and that was the information that was available at the time.

Read full story on CBC
Share this story on:-
More Related News
Quebec's finance minister lowers expectations ahead of pre-election budget

Finance Minister Eric Girard is set to table Quebec’s provincial budget on Wednesday — less than a month before the Coalition Avenir Québec (CAQ) chooses a successor to Premier François Legault.

Manitoba finance minister touts education funding, won't acknowledge some divisions feel it's fallen short

Manitoba's finance minister says the NDP is funding education adequately, yet won't acknowledge some school divisions are raising taxes because they feel provincial funding hasn’t kept pace.

Sask. police watchdog clears officer who hit teen while driving 89 km/h

Saskatchewan's Serious Incident Response Team (SIRT) says an RCMP officer who struck a teen with a police truck during a high-speed chase on Kawacatoose First Nation last year should not be charged.

Old shoes, new protection: The metaphor of Sask. finance minister's pre-budget news conference

Finance Minister Jim Reiter unveiled his footwear for Wednesday's provincial budget: The same black shoes as last year.

New report highlights transportation gaps for rural Albertans leaving domestic abuse

A new report by the Alberta Council of Women's Shelters highlights the importance of investing in transportation in rural parts of the province in order to save lives. 

B.C. premier signals he won't support feds' temporary foreign worker program expansion

B.C. Premier David Eby has signalled he won't support the federal government's move to temporarily increase rural employers' allowances for temporary foreign workers, saying there should be a pathway to permanent residency instead.

P.E.I. MLA and cabinet minister Mark McLane has died

P.E.I. Progressive Conservative MLA and cabinet minister Mark McLane has died, with Premier Rob Lantz paying tribute to his colleague as someone who could always be counted upon.

Whitehorse city council eyes pockets of undeveloped urban land for new housing

Whitehorse city council is considering a proposal to study 14 lots throughout the city for housing development.

Avi Lewis stands by past activism as he's criticized for 'politics of subtraction'

In the closing days of the NDP leadership race, Avi Lewis's past activism has resurfaced. But the front-runner's campaign is standing by his past work and a decade-old vision that's been both criticized within the New Democrats' ranks and weaponized by their opponents.

Rural Alberta municipalities probe premier on ambulance response times, healthcare services

Some rural municipalities want the province to know ambulance response times and basic care in their communities are not meeting the mark.

Police anticipated 'worst-case scenario' by deploying sniper at St. Patrick's Day party, says former officer

The sighting of a sniper on Saturday during St. Patrick’s Day celebrations in Waterloo was met with fear and shock by some partygoers, but one policing expert says this was a proactive measure designed to keep the crowd safe.

P.E.I. man sentenced to 6 months in jail for possessing unlicensed firearm

A 25-year old Prince Edward Island man has been sentenced to six months in jail for firearms offences.

As provincial population booms, report suggests Medicine Hat could fall behind

Closing schools, stalled housing starts — not common headlines in Alberta's booming cities.

Guelph Black parent group demanding better anti-racism strategy from school board

A group of parents of Black children in Guelph are asking for change within the Upper Grand District School Board (UGDSB).

Boston seafood expo sees P.E.I. lobster fishers optimistic, oyster industry doing damage control

There was a bit more optimism among Prince Edward Island producers at this year’s Seafood Expo North America in Boston — but that depended on which industry they were representing.

As Inuvik shelters switch hands, operators want to see transitional supports next

A new contractor will take over operations of the Inuvik Warming Shelter on April 1 — closely following a switch at another Inuvik shelter — as Housing N.W.T. takes a step back from operating the two locations.

Northwestern Ontario pleads for federal funding as highway fatalities mount

Northern Ontario politicians are urgently appealing to the federal government for help during one of the deadliest winters on record along 2,000 kilometres of highway between Nipigon, Sudbury and North Bay.

Diesel prices surge to highest since 2022, raising concern for shipping, consumer costs

The ongoing U.S.-Israel war against Iran is causing diesel prices to spike across Canada, climbing nearly 30 per cent since the conflict began.

Federal government appeals Emergencies Act use during convoy protest to Supreme Court

The federal government is bringing its case to justify use of the Emergencies Act to clear the convoy protests that gridlocked the capital city and border points to the country's highest court.

Statues at Queen's Park to be wrapped to protect against vandalism, house speaker says

Statues on the grounds of the Ontario Legislature will be covered in wrapping to protect them from vandalism ahead of expected protests at Queen’s Park this spring.

London’s supervised drug consumption site could stay open with private funding: MP Fragiskatos

In the aftermath of Ontario’s decision to no longer support provincially-funded supervised drug consumption sites, a potential path forward is emerging for the London Ont., based Carepoint Consumption and Treatment Service.

As gun crime rises in N.L., so do efforts by police and fears for innocent civilians

A group of children in the St. John’s neighbourhood of Shea Heights were playing outside last spring, when they made a shocking discovery.

23 passengers booted from Saturday night Halifax-to-Cancun flight

Erin Sheppard's family was excitedly waiting Saturday afternoon to take a direct flight from Halifax Stanfield International Airport to Cancun, Mexico.

N.B. Power spending heavily on hired guns to fix its Lepreau problem

N.B. Power's ongoing rate hearing has been told that plans to spend $88.4 million over three years on outside experts to help fix chronic reliability problems at the Point Lepreau Nuclear Generating Station might not show results immediately but will pay off eventually.

As Ontario commits to building more jails, data shows violence inside them is rising

As the province doubled down on its “tough on crime” measures and calls for federal bail reform this week, rates of violence across Ontario jails — both inmate-on-inmate and inmate-on-staff assaults — are rising, according to an analysis of data shared with CBC News by the Ontario Public Service Employees Union (OPSEU). 

© 2008 - 2026 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us