Barrie Hydro merger a done deal
The merger of Barrie Hydro Distribution Inc. and PowerStream Inc. creates the second-largest electrical distribution company in Ontario.
The new entity, called PowerStream Barrie Hydro Distribution, will serve some 310,000 homes and businesses in the cities of Barrie, Markham and Vaughan.
The merger follows nearly two years of discussions between PowerStream and Barrie Hydro as part of their growth strategies.
Merger negotiations began in April 2008.
Hydro One is Ontario's largest electricity distributor, serving about 1.3 million rural and urban customers.
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Beating Covid Is All About Electricity
NEW YORK - Robert Bryce, Contributor
During her three-year career as a registered nurse, my friend, C., has cared for tuberculosis patients as well as ones with severe respiratory problems. She’s now caring for COVID-19 patients at a hospital in Ventura County, California. Is she scared about catching the virus? “No,” she replied during a phone call on Thursday. “I’m pretty unflappable.”
What would scare her? She quickly replied, “a power outage.” About a year ago, while working in Oregon, the hospital she was working in lost power for about 45 minutes. “It was terrifying,” she said.
C., who wasn’t authorized by her…
