Hydro-Québec Power Grid
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Hydro-Québec Power Grid
Hydro-Québec is a public utility that manages the generation, transmission and distribution of electricity in the Canadian province of Quebec, as well as the export of power to portions of the Northeast United States. It was established by the Government of Quebec in 1944 from the expropriation of private firms. This was followed by massive investment in hydro-electric projects like the James Bay Project. Today, with 63 hydroelectric power stations, the combined output capacity is 37,370 megawatts. Extra power is exported from the province and Hydro-Québec supplies 10 per cent of New England's power requirements. Hydro-Québec is a Crown corporation (state-owned enterprise) based in Montreal. In 2018, it paid CAD$2.39 billion in dividends to its sole shareholder, the Government of Québec. Its residential power rates are among the lowest in North America. More than 40 percent of Canada’s water resources are in Québec and Hydro-Québec is the fourth largest hydropower produc ...
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Crown Corporations Of Canada
Crown corporations in Canada are government organizations with a mixture of commercial and public-policy objectives.Tupper, Allan. 2006 February 7.Crown Corporation" ''The Canadian Encyclopedia'' (last edited 2021 March 18). Retrieved 2021 May 19. They are directly and wholly owned by the Crown (i.e. the government of Canada or a province). Crown corporations represent a specific form of state-owned enterprise. Each corporation is ultimately accountable to (federal or provincial) Parliament through a relevant minister for the conduct of its affairs. They are established by an Act of Parliament and report to that body via the relevant minister in Cabinet, though they are "shielded from constant government intervention and legislative oversight" and thus "generally enjoy greater freedom from direct political control than government departments." Crown corporations are distinct from "departmental corporations" such as the Canada Revenue Agency. Crown corporations have a long-st ...
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Hydroelectricity
Hydroelectricity, or hydroelectric power, is Electricity generation, electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other Renewable energy, renewable sources combined and also more than nuclear power. Hydropower can provide large amounts of Low-carbon power, low-carbon electricity on demand, making it a key element for creating secure and clean electricity supply systems. A hydroelectric power station that has a dam and reservoir is a flexible source, since the amount of electricity produced can be increased or decreased in seconds or minutes in response to varying electricity demand. Once a hydroelectric complex is constructed, it produces no direct waste, and almost always emits considerably less greenhouse gas than fossil fuel-powered energy plants.
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Adélard Godbout
Joseph-Adélard Godbout (September 24, 1892 – September 18, 1956) was a Canadian agronomist and politician. He served as the 15th premier of Quebec briefly in 1936, and again from 1939 to 1944. He served as leader of the Parti Libéral du Québec (PLQ). Youth and early career Adélard Godbout was born in Saint-Éloi. He was the son of Eugène Godbout, agriculturalist and Liberal Member of the Legislative Assembly (MLA) from 1921 to 1923, and Marie-Louise Duret. He studied at the Séminaire de Rimouski, the agricultural school of Sainte-Anne-de-la-Pocatière and the Massachusetts Agricultural College, in the U.S. state of Massachusetts. He then became teacher at the Sainte-Anne-de-la-Pocatière agricultural school from 1918 to 1930. He was an agronomist for the Ministry of Agriculture from 1922 to 1925. Political career Member of the legislature Godbout became a Member of the legislature for the district of L'Islet in the Chaudière-Appalaches area, after he won a by-e ...
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Montreal Light, Heat & Power
The Montreal Light, Heat and Power Company (MLH&P) was a utility company operating the electric and gas distribution monopoly in the area of Montreal, Quebec, Canada, until its nationalization by the government of Quebec in 1944, under a law creating the ''Quebec Hydroelectric Commission'', also known as Hydro-Québec. Hydro-Québec ran both of MLH&P's electric and gas operations until 1957, when its gas properties were sold to the ''Corporation de gaz naturel du Québec'', known today as Énergir. The company was established in 1901 as a result of the merger of Rodolphe Forget's ''Royal Electric Company'' and Herbert Samuel Holt's ''Montreal Gas Company''. Its name became Montreal Light, Heat and Power Consolidated in 1918 after a merger and corporate reorganization.Statutes of the Province of Quebec, 8 George V ch. 111, 1918. Gallery Image:MLHP Power Building (1930).jpg, The ''Power Building'', company headquarters, at the corner of Craig ( Saint-Antoine) and Saint-Urbain, ...
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Rural Electrification
Rural electrification is the process of bringing electrical power to rural and remote areas. Rural communities are suffering from colossal market failures as the national grids fall short of their demand for electricity. As of 2017, over 1 billion people worldwide lack household electric power – 14% of the global population. Electrification typically begins in cities and towns and gradually extends to rural areas, however, this process often runs into obstacles in developing nations. Expanding the national grid is expensive and countries consistently lack the capital to grow their current infrastructure. Additionally, amortizing capital costs to reduce the unit cost of each hook-up is harder to do in lightly populated areas (yielding higher per capita share of the expense). If countries are able to overcome these obstacles and reach nationwide electrification, rural communities will be able to reap considerable amounts of economic and social development. Social and economic be ...
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MLH & P - Monteurs De Ligne
MLH may refer to: Major League Hacking an organization for hackathon events * Multi-line hunting, a method in telephony * ''Major League Hockey'', now Allan Cup Hockey * Mill Hill (Lancashire) railway station, England, station code * EuroAirport Basel-Mulhouse-Freiburg, France, IATA code * Monoterpene epsilon-lactone hydrolase, an enzyme {{disambig ...
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Québec
Quebec ( ; )According to the Government of Canada, Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirteen provinces and territories of Canada. It is the List of Canadian provinces and territories by area, largest province by area and the second-largest by Population of Canada by province and territory, population. Much of the population lives in urban areas along the St. Lawrence River, between the most populous city, Montreal, and the provincial capital, Quebec City. Quebec is the home of the Québécois people, Québécois nation. Located in Central Canada, the province shares land borders with Ontario to the west, Newfoundland and Labrador to the northeast, New Brunswick to the southeast, and a coastal border with Nunavut; in the south it borders Maine, New Hampshire, Vermont, and New York (state), New York in the United ...
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Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ...
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Government Of Québec
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed govern ...
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Shareholder
A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself. The influence of a shareholder on the business is determined by the shareholding percentage owned. Shareholders of a corporation are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders' liabil ...
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Dividend
A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business (called retained earnings). The current year profit as well as the retained earnings of previous years are available for distribution; a corporation is usually prohibited from paying a dividend out of its capital. Distribution to shareholders may be in cash (usually a deposit into a bank account) or, if the corporation has a dividend reinvestment plan, the amount can be paid by the issue of further shares or by share repurchase. In some cases, the distribution may be of assets. The dividend received by a shareholder is income of the shareholder and may be subject to income tax (see dividend tax). The tax treatment of this income varies considerably between jurisdictions. The corporation does not receive a tax deduct ...
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Montreal
Montreal ( ; officially Montréal, ) is the List of the largest municipalities in Canada by population, second-most populous city in Canada and List of towns in Quebec, most populous city in the Provinces and territories of Canada, Canadian province of Quebec. Founded in 1642 as ''Fort Ville-Marie, Ville-Marie'', or "City of Mary", it is named after Mount Royal, the triple-peaked hill around which the early city of Ville-Marie is built. The city is centred on the Island of Montreal, which obtained its name from the same origin as the city, and a few much smaller peripheral islands, the largest of which is Île Bizard. The city is east of the national capital Ottawa, and southwest of the provincial capital, Quebec City. As of 2021, the city had a population of 1,762,949, and a Census Metropolitan Area#Census metropolitan areas, metropolitan population of 4,291,732, making it the List of the largest municipalities in Canada by population, second-largest city, and List of cen ...
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