Hydro One partners with four Ontario colleges
The company will contribute up to $3 million for scholarships, program development and equipment over four years to Algonquin College (Ottawa), Georgian College (Barrie), Mohawk College (Hamilton) and Northern College (Timmins) for programs that will train people as technicians, technologists and trades positions in the electricity sector.
"We are entering a period of significant demographic change in this company and in this sector," said Laura Formusa, Hydro One President and CEO.
"Up to 30 per cent of our workforce is eligible for retirement in the next few years providing opportunities for people entering the workforce. Partnering with community colleges to train candidates for our trades is part of a comprehensive strategy to meet our staffing needs well into the future."
Hydro One has been conducting ambitious trades apprenticeship programs for several years. Since 2002, more than 560 people have been hired into apprentice jobs in power line technician, utility arborist, truck and coach technician and electrician trades.
In addition to scholarships and equipment donation, the multi-year initiative will include funding for curriculum development. The project will be managed by a Steering Committee with representatives from each of the four colleges and Hydro One. Funding levels will be determined at various stages throughout the project.
Related News
Germany's Energy Crisis Deepens as Local Utilities Cry for Help
BERLIN - Germany’s fears that soaring power and gas prices could trigger a deeper crisis is starting to get real.
Several hundred local utilities are coming under strain and need support, according to the head of Germany’s largest energy lobby group. The companies, generally owned by municipalities, supply households and small businesses directly and are a key part of the country’s power and gas network.
“The next step from the government and federal states must be to secure liquidity for these municipal companies,” Kerstin Andreae, chairwoman of the German Association of Energy and Water Industries, told Bloomberg in Berlin. “Prices are rising,…
