EST. 1903 - Presenting global influential leaders from business, labour, education & government through events
Strong, The Hon. Maurice F.
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A joint meeting of The Empire Club of Canada and The Canadian Club of Toronto.
Some of the dilemmas confronting Ontario and Canada today, and the relevance of them to the challenging task of the remaking of Ontario Hydro. The adjustment to the fact that present patterns of production and consumption are not sustainable; that there is a growing division between rich and poor; that growing numbers of the distressed and dispossessed people are seeking refuge in countries like Canada. Changes that are recasting the nature of the modern nation state. Increased rates and debt at Ontario Hydro and their resultant decrease of confidence in that organization. A review of Ontario Hydro, particularly in fiscal term. Plans and strategies to halt rate increases and the growth of debt. Restructuring and reorganizing primary operations and activities. An expansion into international markets. New subsidiaries. Advice and guidance from the hearings of the Ontario Energy Board and the Environmental Assessment Board. Issues and questions as to the nature of the relationship between Ontario Hydro and the government as well as its relationship with the municipal electric utilities. A reformulation of the mission of Ontario Hydro. The issue of privatization. Characteristics of the new Ontario Hydro.