(prescript note as of 6 am Feb. 17: Several press reports published following this original post indicate that 460 workers have been offered severance but that the utility expects 280 to accept. This significant element of the utility’s plan is not reported below but has material impact. Note as of 6:45 am: The severance packages …
At 1 pm this afternoon, Tony’s Hydro (formerly Toronto Hydro), under the leadership of rogue CEO Anthony Haines, Canada’s highest paid municipal employee, will announce an initiative to package off 450 unionized staff members. The unplanned downsizing at Tony’s Hydro is now reaching the stage where routine utility operations such as storm recovery, new customer …
Shockingly, as previously discussed on this website, Tony’s Hydro has suffered so much due to the visionless parsimony imposed by the Ontario Energy Board that the utility has been unable to afford an updated service vehicle for Canada’s highest paid municipal employee, CEO Anthony Haines. The Mercedes-Benz S550 V4 that Tony has been struggling with is only a …
Reports continue to roll in indicating that management at Tony’s Hydro is swinging a wrecking ball inside the utility in its obvious effort to foment its management-created conflict with the Ontario Energy Board. Yesterday, I received notice of seven people working in audit and legal at the utility’s head office were terminated. Today I received …
The long-awaited firing of Anthony Haines, CEO of Tony’s Hydro (formerly Toronto Hydro), could be announced this afternoon following a meeting of the utility’s board of directors. Here is a short recap of the “Ontario Electricity Regulation Crisis Report” series:
Here is a column from Matt Gurney at the National Post posted Janauary 27th plagiarizing this post from the 26th where I drew attention to the inconsistency of Toronto Hydro claiming that it fails to achieve regulated reliability requirements while awarding its CEO Anthony Haines with fat bonuses. Perhaps Gurney was actually plagiarizing John Spears at the …
As noted in “Crisis Report ““ Part 19″, Tony’s Hydro chair Clare Copeland wrote to the Ontario Energy Board on January 20th. One element of that letter was the following statement:“…we have not met the OEB’s minimum reliability standards for distribution companies for the past five years.”Here are the utility’s comments contained in successive Annual …
Preliminary research indicates the following vehicles leased by ratepayers of Tony’s Hydro (formerly Toronto Hydro), a self-described green company, on behalf of the following executives:
Declining his opportunity to respect the Ontario Energy Board jurisdiction and to side with consumer interests, Clare Copeland, chairman of Tony’s Hydro (formerly Toronto Hydro) has instead backed his embattled CEO Anthony Haines.
Please allow me to recommend Martin Regg Cohn’s beautifully crafted, powerful essay in the Toronto Star: “Toronto Hydro’s brinkmanship the mark of a monopoly” Cohn’s piece continues the Star’s massive outperformance of its print competitors working on this story. John Spears at the Star has been key to that paper’s record. The Post’s Matt Gurney’s provide …