Robert A. Boyd
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Robert A. Boyd
Robert A. Boyd (June 21, 1918 – November 6, 2006) was a Canadian electric engineer and utility executive. He successfully led the construction of the first phase of the James Bay hydroelectric project, a large dam complex built in northern Quebec by Hydro-Québec during the 1970s and early 1980s. Early life and family Born in Sherbrooke, Quebec in a working-class family to a Scot-Irish father and a French Canadian mother. Boyd graduated from École Polytechnique de Montréal in 1943. Career Soon after finished school, Boyd joined the ranks of the newly created provincially owned utility Hydro-Québec, as the first French-speaking engineer ever hired by the company. He spent his 37-year career in different positions, reaching the top job in 1977. In 1972, Quebec Premier Robert Bourassa asked Boyd to take the helm of the Société d'énergie de la Baie James, a Crown corporation tasked with the construction of the first phase of what was then called ''Le projet du siè ...
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Canadians
Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of their being ''Canadian''. Canada is a multilingual and Multiculturalism, multicultural society home to people of groups of many different ethnic, religious, and national origins, with the majority of the population made up of Old World Immigration to Canada, immigrants and their descendants. Following the initial period of New France, French and then the much larger British colonization of the Americas, British colonization, different waves (or peaks) of immigration and settlement of non-indigenous peoples took place over the course of nearly two centuries and continue today. Elements of Indigenous, French, British, and more recent immigrant customs, languages, and religions have combined to form the culture of Canada, and thus a Canadian ...
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Crown Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ...
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International Finance
International finance (also referred to as international monetary economics or international macroeconomics) is the branch of financial economics broadly concerned with monetary and macroeconomic interrelations between two or more countries. International finance examines the dynamics of the global financial system, international monetary systems, balance of payments, exchange rates, foreign direct investment, and how these topics relate to international trade. Sometimes referred to as multinational finance, international finance is additionally concerned with matters of international financial management. Investors and multinational corporations must assess and manage international risks such as political risk and foreign exchange risk, including transaction exposure, economic exposure, and translation exposure. Some examples of key concepts within international finance are the Mundell–Fleming model, the optimum currency area theory, purchasing power parity, interest rate pari ...
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Issuer
Issuer is a legal entity that develops, registers, and sells securities for the purpose of financing its operations. Issuers may be governments, corporations, or investment trusts. Issuers are legally responsible for the obligations of the issue, and for reporting financial conditions, material developments, and any other operational activities as required by the regulations of their jurisdictions. The most common types of securities issued are equities: common and preferred stocks, and debt: bonds, notes, debentures, and bills. In the United States, the term "issuer" is defined by Section 2(4) of the Securities Act of 1933 as follows: The term "issuer" means every person who issues or proposes to issue any security; except that with respect to certificates of deposit, voting-trust certificates, or collateral-trust certificates, or with respect to certificates of interest or shares in an unincorporated investment trust not having a board of directors (or persons performing s ...
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Bond (finance)
In finance, a bond is a type of security under which the issuer ( debtor) owes the holder ( creditor) a debt, and is obliged – depending on the terms – to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time. The interest is usually payable at fixed intervals: semiannual, annual, and less often at other periods. Thus, a bond is a form of loan or IOU. Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, to finance current expenditure. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (i.e. they are owners), whereas bondholders have a creditor stake in a company (i.e. they are lenders). As creditors, bondholders have priority over stockholders. This means they will be repaid in advance of stockholders, but will rank behind s ...
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Roland Giroux
Roland Giroux, (15 January 1913 – 4 November 1991) was from 1969 to 1977 the Chairman of the Quebec Hydro-Electric Commission (today known generally as Hydro-Québec). He is a member of the Order of Canada, first becoming an Officer in June 1972 then in July 1977 was promoted as a Companion, the highest rank within the order. Giroux died of a heart attack in Quebec at age 78 leaving his wife Yvette Blain and three children. References External links University of Sherbrooke: List of Hydro-Québec presidents
1913 births 1991 deaths Companions of the Order of Canada {{Quebec-bio-stub ...
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Hinterland
Hinterland is a German word meaning "the land behind" (a city, a port, or similar). Its use in English was first documented by the geographer George Chisholm in his ''Handbook of Commercial Geography'' (1888). Originally the term was associated with the area of a port in which materials for export and import are stored and shipped. Subsequently, the use of the word expanded to include any area under the influence of a particular human settlement. Geographic region * An area behind a coast or the shoreline of a river. Specifically, by the ''doctrine of the hinterland,'' the hinterland is the inland region lying behind a port and is claimed by the state that owns the coast. * In shipping usage, a port's hinterland is the area that it serves, both for imports and for exports. * The term is also used to refer to the area around a city or town. * More generally, ''hinterland'' can refer to the rural area economically tied to an urban catchment area. The size of a hinterland can depe ...
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Airstrip
An aerodrome (Commonwealth English) or airdrome (American English) is a location from which aircraft flight operations take place, regardless of whether they involve air cargo, passengers, or neither, and regardless of whether it is for public or private use. Aerodromes include small general aviation airfields, large commercial airports, and military air bases. The term ''airport'' may imply a certain stature (having satisfied certain certification criteria or regulatory requirements) that not all aerodromes may have achieved. That means that all airports are aerodromes, but not all aerodromes are airports. Usage of the term "aerodrome" remains more common in Ireland and Commonwealth nations, and is conversely almost unknown in American English, where the term "airport" is applied almost exclusively. A water aerodrome is an area of open water used regularly by seaplanes, floatplanes or amphibious aircraft for landing and taking off. In formal terminology, as defined by th ...
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Logistics
Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics manages the flow of goods between the point of origin and the point of consumption to meet the requirements of customers or corporations. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other consumable items. In military science, logistics is concerned with maintaining army supply lines while disrupting those of the enemy, since an armed force without resources and transportation is defenseless. Military logistics was already practiced in the ancient world and as the modern military has a significant need for logistics solutions, advanced implementations have been developed. In military logistics, logistics officers manage how and when to move resources to the places they are needed. Logistics management is the part of supply chain management and supply chain engine ...
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Public Works
Public works are a broad category of infrastructure projects, financed and constructed by the government, for recreational, employment, and health and safety uses in the greater community. They include public buildings ( municipal buildings, schools, and hospitals), transport infrastructure (roads, railroads, bridges, pipelines, canals, ports, and airports), public spaces (public squares, parks, and beaches), public services (water supply and treatment, sewage treatment, electrical grid, and dams), and other, usually long-term, physical assets and facilities. Though often interchangeable with public infrastructure and public capital, public works does not necessarily carry an economic component, thereby being a broader term. Public works has been encouraged since antiquity. For example, the Roman emperor Nero encouraged the construction of various infrastructure projects during widespread deflation. Overview Public works is a multi-dimensional concept in economics and poli ...
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La Grande River
La Grande River (french: La Grande Rivière; cr, Chisasibi, script=latn; both meaning "great river") is a river in northwestern Quebec, Canada, which rises in the highlands of north central Quebec and flows roughly west to drain into James Bay. It is the second largest river in Quebec, surpassed only by the Saint Lawrence River. Originally, the La Grande River drained an area of and had a mean discharge of . Since the 1980s when hydroelectric development diverted the Eastmain and Caniapiscau rivers into the La Grande, its total catchment area has increased to about , and its mean discharge increased to more than . In November 2009, the Rupert River was also partially diverted, adding another to the basin. At one time, this river was known as the "Fort George River". The Hudson's Bay Company operated a trading post on the river at Big River House from 1803 to 1824. In 1837, a large trading post was established at Fort George on an island at the mouth of the river. In the earl ...
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James Bay
James Bay (french: Baie James; cr, ᐐᓂᐯᒄ, Wînipekw, dirty water) is a large body of water located on the southern end of Hudson Bay in Canada. Both bodies of water extend from the Arctic Ocean, of which James Bay is the southernmost part. Despite bordering the Canadian provinces of Quebec and Ontario, the bay and the islands within it, the largest of which is Akimiski Island, are politically part of Nunavut. Numerous waterways of the James Bay watershed have been modified with dams or diversion for several major hydroelectric projects. These waterways are also destinations for river-based recreation. Several communities are located near or alongside James Bay, including a number of Aboriginal Canadian communities, such as the Kashechewan First Nation and nine communities affiliated with the Cree of northern Quebec. As with the rest of Hudson Bay, the waters of James Bay routinely freeze over in winter. It is the last part of Hudson Bay to freeze over in winter, and the ...
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