Category : Search result: utility losses


Canada Post stamp prices to increase in 2026

Canada Post warns stamp price hikes are likely in 2026 as pre-tax losses approach $1 billion. Learn how this affects Canadian mail services and what's driving the financial crisis.

NB Power cuts senior's power with no explanation

Theresa Beaudin endured 9 days without electricity after NB Power disconnected her power without warning or explanation. Read her shocking story and learn about utility accountability.

Canada Post Reports $541M Loss in Q3 2025

Canada Post faces staggering $541 million pre-tax loss in third quarter, marking unprecedented financial crisis for national mail service. Learn what's behind the massive deficit.

Canada Post Effectively Insolvent, Losses Top $1B

Canada Post CFO declares the crown corporation 'effectively insolvent' as financial losses exceed $1 billion in 2025. Learn about the crisis facing Canada's postal service and its workforce challenges.

Hydro-Québec restores power after snowstorm

Hydro-Québec has successfully restored electricity to most customers affected by this week's snowstorm. Crews worked around the clock to repair damage across Quebec.

TransAlta Posts Q3 Loss, Shares Drop 13%

Calgary-based TransAlta reports surprising Q3 loss of $8 million, sending shares tumbling over 13% as lower power prices and unfavourable hedging contracts squeeze profitability.

BC Hydro Site C Dam: What Went Wrong Exposed

An in-depth investigation reveals how BC Hydro's Site C dam project spiraled into a multi-billion dollar crisis. Discover the management failures, construction disasters, and political pressures that plagued Canada's largest public infrastructure project.

Metro Vancouver fees hit $897 per home in 2025

Metro Vancouver residents will see regional utility fees jump to $897 per average home next year as the board approves significant increases for water, sewer, and other essential services.

Manufacturing Downtime Costs $852M Weekly - New Report

New research exposes staggering financial losses from unexpected equipment failures in manufacturing, with companies losing up to $852 million weekly due to unplanned downtime and outdated maintenance strategies.

Corus Entertainment Reports $277.1M Q4 Loss

Canadian media giant Corus Entertainment faces significant financial challenges with massive fourth-quarter losses and declining advertising revenue, signaling tough times for broadcast sector.

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