Toronto financial district keeps ticking despite power outage
The downtown Toronto buildings affected included the tower that houses the offices of the Toronto Stock Exchange as well as First Canadian Place and the RBC Center, a Toronto Hydro spokesperson said.
Carolyn Quick, a spokeswoman for TMX Group Inc., which operates the Toronto Stock Exchange and the junior Venture market, said trading was uninterrupted.
"The Toronto Stock Exchange and TSX Venture Exchange continued to operate during the power outage as they are on separate power systems, as well as there is fully redundant system in place."
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NT Power Penalized $75,000 for Delayed Disconnection Notices
NEWMARKET - The Ontario Energy Board recently ruled against Newmarket-Tay Power Distribution Ltd. (NT Power), fining them $75,000 for failing to issue timely disconnection notices to 870 customers between April and August 2022. These notices did not comply with the Ontario Energy Board's distribution system code, which mandates a minimum 14-day notice period before disconnection.
Out of the affected customers, ten had their electricity services disconnected, and six were additionally charged reconnection fees. However, NT Power has since reconnected all disconnected customers and refunded the reconnection fees, as confirmed by the Ontario Energy Board.
In response to these issues, NT Power has…
