Toronto financial district keeps ticking despite power outage


An electrical equipment failure knocked out power recently in a handful of skyscrapers in Canada's financial center, leaving as many as 100,000 without electricity.

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."

Related News

With New Distributed Energy Rebate, Illinois Could Challenge New York in Utility Innovation

Illinois NextGrid redefines utility, customer, and provider roles with grid modernization, DER valuation, upfront rebates,…
View more

OPINION Rewiring Indian electricity

India Power Sector Crisis: a tangled market of underused plants, coal shortages, cross-subsidies, high transmission…
View more

Duke Energy installing high-tech meters for customers

Duke Energy Smart Meters enable remote meter reading, daily energy usage data, and two-way outage…
View more

Investigation underway to determine cause of Atlanta Airport blackout

Atlanta Airport Power Outage disrupts Hartsfield-Jackson as an underground fire cripples switchgear redundancy, canceling flights…
View more

Toronto Prepares for a Surge in Electricity Demand as City Continues to Grow

Toronto Electricity Demand Growth underscores IESO projections of rising peak load by 2050, driven by…
View more

PG&E pleads guilty to 85 counts in 2018 Camp Fire

PG&E Camp Fire Guilty Plea underscores involuntary manslaughter charges as the utility admits sparking Paradise's…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Live Online & In-person Group Training

Advantages To Instructor-Led Training – Instructor-Led Course, Customized Training, Multiple Locations, Economical, CEU Credits, Course Discounts.

Request For Quotation

Whether you would prefer Live Online or In-Person instruction, our electrical training courses can be tailored to meet your company's specific requirements and delivered to your employees in one location or at various locations.