Latest news with #HydroOne
Cision Canada
2 days ago
- Business
- Cision Canada
Caldwell First Nation Announces Historic Equity Investment in Chatham to Lakeshore Transmission Line with Hydro One
LEAMINGTON, ON, July 29, 2025 /CNW/ - Caldwell First Nation is proud to announce its landmark equity investment in the Chatham to Lakeshore Transmission Line, marking a new chapter in Indigenous economic empowerment and infrastructure partnership. The investment is made through Caldwell's business development arm, Northwind Business Development LP (NBD), as part of a 50-50 First Nation Equity Partnership with Hydro One Networks Inc. (Hydro One) and other impacted Anishnaabe First Nations whose traditional territories are located along the route of the transmission line. The investment is supported by a loan from Manulife and a loan guarantee from the provincial Indigenous Opportunities Financing Program (IOFP), which helps Indigenous partners secure equity ownership in major infrastructure projects. This project not only ensures reliable power for a rapidly growing region, but also represents a powerful model of reconciliation and economic inclusion. Caldwell First Nation's participation reflects its strategic focus on long-term financial sustainability and self-determination for future generations. "Today marks a transformational moment for Caldwell First Nation and our partners," said Chief Nikki Van Oirschot. "By securing equity in the Chatham to Lakeshore Transmission Line, we are asserting our rightful place in the energy future of this province. This partnership is a testament to what is possible when First Nations are meaningfully included in the economic life of their territories. It's not just about power—it's about empowerment." John Wladarski, President and CEO of Northwind Business Development LP, added: "We are proud to lead this investment on behalf of Caldwell First Nation. This agreement demonstrates the strength of Indigenous-led economic development and reflects Caldwell First Nation's commitment to sustainable growth. Thanks to the support of the Province's new financing program, we've turned opportunity into ownership." "We are delighted to partner with Manulife and Caldwell First Nation on this transaction," said Michael Fedchyshyn, CEO of the Building Ontario Fund. "As the administration of IOFP transitions to the Building Ontario Fund we look forward to creating more opportunities for Indigenous equity participation in transformative infrastructure projects across Ontario." "Every new major transmission line offers an opportunity for First Nation partnership. We value the partnership we have built with Caldwell First Nation and we are pleased to celebrate this exciting milestone on the Chatham to Lakeshore Transmission line together," said Matthew Jackson, Vice President, Indigenous Partnerships and Business Development, Hydro One. "Electricity is the foundation that will enable the economy and power the opportunities we see in every corner of the province. We will continue to work alongside First Nation governments and communities through our industry-leading 50-50 First Nation Equity Partnership Model to build an electricity network that advances reconciliation and supports a more prosperous Ontario." The Chatham to Lakeshore Transmission Line is a critical infrastructure project that will enhance electricity reliability and support economic growth in southwest Ontario. With this investment, Caldwell joins a growing network of Indigenous communities reshaping the Canadian energy landscape through equity partnerships and shared prosperity.
Hamilton Spectator
3 days ago
- Business
- Hamilton Spectator
Transmission line sparks tension between Garden River, Hydro One
Hydro One's new transmission line has drawn criticism from Garden River First Nation Chief Karen Bell. The proposal was initially said to involve landowners in talks about a possible solution. Bell said Garden River is not opposed to infrastructure and wants to be able to have meaningful discussions in equal partnerships, but that is not currently happening. 'It's going to be in our traditional territory, and we have a constitutional right provided by Canada to sit in at the table and have those conversations,' Bell said. Bell spoke about the partnership at the beginning, but it came to a point at which Garden River felt 'unheard.' Talks soon fell off the rails and led to the current frustration. 'We want to be able to prosper too, we want to have a share in revenue and have people that will be able to work in the field with Hydro One workers there,' she said. Sanjiv Karunakaran, Hydro One's vice-president a number of mitigation factors will be considered to minimize disruption and impact to the community. 'It's up to each community to make their own determination as to what percentage they wish to invest in' strategic projects and partnerships, Karunakaran said in a briefing call to the media. It was previously publicly stated that under its 50/50 equity partnership, nine First Nations would be offered up to a 50-per-cent equity stake in the transmission line and an opportunity to invest. The communities will have up to 12 months after the line goes live in 2029 to decide on participation. The transmission line can move electricity between Northern and southern Ontario, and construction is expected to start in 2027 while environmental assessments continue in 2026. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
CTV News
6 days ago
- Climate
- CTV News
There are still 40,000 homes without power in Quebec
High voltage power lines are seen in Beauharnois, Que., on Monday, Jan. 27, 2025. (Christinne Muschi/The Canadian Press) A storm front swept across southern and central Quebec from west to east on Thursday evening and Friday morning, causing numerous power outages. Early Friday, there were still about 40,000 addresses in the dark. At the height of the situation on Thursday evening, nearly 50,000 homes had lost power. The Outaouais region was the hardest hit, with nearly 24,000 addresses affected. Nearly 8,000 Hydro-Quebec customers were without power in the Laurentians. In the Capitale-Nationale region, Hydro-Quebec reported that approximately 6,000 addresses were without power. Other regions were also affected, but to a lesser extent. At the end of a hot and humid Thursday, a band of thunderstorms formed, prompting Environment Canada to issue a severe thunderstorm warning. The storms mainly affected western Quebec, and the system changed to rain as it continued overnight. The storms also affected Ontario, with nearly 80,000 Hydro One customers without power on Friday morning. 'Our crews are responding as quickly and safely as possible to restore service to customers affected by the storms moving through parts of southern and central Ontario,' the power distribution company said on its website. Environment and Climate Change Canada's thunderstorm warnings were all lifted on Friday morning. This report by The Canadian Press was first published in French on July 25, 2025.
Time of India
6 days ago
- Climate
- Time of India
Storms and severe thunderstorms knock out power to over 25,000 in Eastern Ontario and Western Quebec
Severe thunderstorms swept across eastern Ontario and western Quebec on Thursday evening(July 26), leaving more than 25,000 customers without power, toppling trees, and disrupting local events. The storms, which moved through the region between 6:30 pm and 10:30 pm, brought wind gusts up to 90 km/h, heavy rain, and intense lightning, according to Environment Canada . A tornado warning was issued around Sharbot Lake, though it remains unconfirmed whether a tornado touched down. Explore courses from Top Institutes in Please select course: Select a Course Category Data Analytics MBA Others Leadership Operations Management Healthcare Public Policy Data Science CXO Data Science Digital Marketing Degree Finance Management healthcare MCA Design Thinking Technology Cybersecurity PGDM Product Management others Project Management Artificial Intelligence Skills you'll gain: Data Analysis & Visualization Predictive Analytics & Machine Learning Business Intelligence & Data-Driven Decision Making Analytics Strategy & Implementation Duration: 12 Weeks Indian School of Business Applied Business Analytics Starts on Jun 13, 2024 Get Details As of Friday afternoon, Hydro One reported about 15,000 customers without power in eastern Ontario. The Bancroft area was the most severely affected, with two-thirds of customers without electricity. Power is expected to be restored gradually throughout the day. In western Quebec's Outaouais region, around 11,000 customers were still without power, according to Hydro-Québec . The La Pêche and Wakefield areas saw widespread tree damage, with branches and uprooted trees falling on power lines. Photos from Wakefield and Chelsea , just north of Gatineau, show trees split or snapped in half. Utility crews were deployed early Friday morning to clear debris and restore damaged infrastructure. Live Events Hydro Ottawa did not report significant outages within the capital, though at one point more than 45,000 local customers across both provinces were affected earlier in the day. The storms also forced the cancellation of the Festival Parasol in Gatineau on Thursday night. According to Gatineau police, there were no major injuries reported, and most incidents involved minor property damage from fallen branches. Cleanup operations are ongoing, and authorities are urging residents to stay away from downed power lines and report hazardous conditions to local utilities. Environment Canada continues to monitor damage patterns and is investigating whether any tornado activity occurred during the storm.
CTV News
6 days ago
- Climate
- CTV News
Storm damage reported in parts of eastern Ontario, western Quebec
A fallen tree in the Albert Street Cemetery in Arnprior, Ont. on July 25, 2025. This follows a thunderstorm the night prior. (Kimberley Johnson/CTV News Ottawa) A line of thunderstorms that moved across eastern Ontario and western Quebec Thursday night has led to reports of damage in parts of the region. The Town of Arnprior, west of Ottawa, says several locations are closed because of storm damage, including Robert Simpson Park and its beach, the waterfront trail between the boat launch and Robert Simpson Park Beach, McLean Park, McLean Beach and ball diamond #2, and the Albert Street and Malloch Road cemeteries. 'The Town will provide updates later today on the status of these locations. Until such time, we are asking the public to stay out of these areas.' Power outages were reported across the region, with Hydro One saying crews are working to restore power to hardest hit areas. 'Outages were caused by last night's severe thunderstorms, and the damage includes broken poles, downed lines and trees. While we expect to make significant progress restoring power today, we anticipate restoration efforts will continue into tomorrow for the areas that were hit the hardest,' Hydro One says on its website. Visitors to Gatineau Park are also urged to be cautious on the trails following Thursday night's thunderstorms. Storm Update | Gatineau Park 🌩 Our teams are carrying out inspections of the Park following last night's storms. Please exercise caution, as there may be fallen trees and branches. We'll provide more updates as soon as we can.#onstorm — Gatineau Park (@NCC_GatPark) July 25, 2025 The National Capital Commission says crews are inspecting the park. 'Please exercise caution, as there may be fallen trees and branches,' the NCC says. Tree damage was also reported in areas including Pontiac and Shawville. Hydro Quebec was reporting more than 12,000 customers still without power in the Outaouais region by Friday afternoon, including 7,700 in the MRC des Collines de l'Outaouais and 2,800 in the Pontiac region.
