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TSX · Regulated utilities · 12 desk pieces in archive
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Woodfibre LNG said October 22 a Deetken Insight report puts nearly $13.6 billion in Canadian economic output from construction so far and $11.6 billion in projected government revenue over 40 years. Enbridge Inc. owns 30 percent. The project is about 75 percent complete. That is an impact study, not first cargo.
Canadian Utilities said October 13 it held a groundbreaking on the $2.9 billion Yellowhead gas pipeline from Peers to Fort Saskatchewan. The 235-kilometre line is fully contracted for 1.1 billion cubic feet a day. AUC approval came in July. That is construction start, not a 2026 volume add.
B.C. issued an environmental assessment certificate Monday afternoon. Ottawa's decision statement followed at 5:54 p.m. ET. The expansion adds a storage tank and equipment for up to 7,700 tonnes of LNG a day at the existing Delta site. FortisBC still has a final investment decision ahead.
A Fortis 6-K accepted at 2:47 p.m. ET Monday attaches the Second and Third Supplemental Indentures dated September 21 for US$500 million of 6.625 percent and US$500 million of 6.875 percent junior notes due March 30, 2057. The IR news page still shows the September 9 pricing note.
Reuters had the October WTI contract at $97.61 a barrel at 8:54 a.m. ET Monday, down $2.69 or 2.7 percent. November Brent was $101.18, down $2.69 or 2.6 percent. Houthis said they hit Yanbu on Saturday. Saudi Arabia has not confirmed damage there.
Natural Resources Canada said September 16 three 50 MW / 200 MWh batteries at Bridgewater, Waverley, and White Rock are inaugurated. Ottawa put $109 million in. The Canada Infrastructure Bank lent $138.2 million. All 13 Mi'kmaw communities sit as equity partners.
The September 9 Fortis pricing of US$500 million 6.625 percent and US$500 million 6.875 percent junior subordinated notes due March 30, 2057 still points at a September 21 close. That is four days from today. No new note landed overnight.
FortisBC said September 15 it serves about 200,000 electricity customers in southern B.C., up 9.5 percent since 2020, and will invest about $133 million from 2025 through 2027 in substations and transmission. The Long-Term Electric Resource Plan files later this year.
Fortis priced September 9 US$500 million of 6.625 percent and US$500 million of 6.875 percent fixed-to-fixed junior subordinated notes due March 30, 2057. Closing is September 21, subject to customary conditions. Proceeds are aimed at debt and general corporate purposes.
On September 9 Fortis priced US$500 million of 6.625 percent and US$500 million of 6.875 percent fixed-to-fixed rate junior subordinated notes due March 30, 2057. Settlement is September 21. Proceeds are slated to repay indebtedness and for general corporate purposes.
Fortis declared on July 29 a quarterly common share dividend payable September 1 to shareholders of record August 19. Fortis cited $12 billion of 2025 revenue and $77 billion of assets at March 31, 2026.
Fortis Inc. said July 31 that the province let FortisBC advance Tilbury Phase 1B, about $2 billion of regulated kit for marine LNG in the Port of Vancouver. An order in council on July 24 skipped the usual BCUC certificate. Steel is aimed at 2027. Service is aimed at 2031.