I love British Columbia and I want to protect what makes it so special – for now and for the future.
BC Hydro has used regulatory accounts since the early 1990s. They are normally used to match costs with benefits to customers, capture differences between forecast and actual costs typically related to uncontrollable factors (e.g., variation in water inflows, storm restoration costs) and manage the impacts of accounting changes.
British Columbia has a long history in mining, from the first coal mines on Vancouver Island in the mid-1800s, through the Cariboo gold rush, to the modernized mines of today, mineral exploration and mining have remained a foundational industry of the province.
The Northwest Transmission Line (NTL) is key to new economic development in British Columbia's Northwest. B.C. has some of the best mining products in the world, including coal, copper, gold, molybdenum, silver, lead and zinc - much of it in the Northwest.
The past year was a challenging one globally. Here in BC, our government is working hard to ensure we all benefit from a strong economy.
By reviewing BC Hydro's business practices and government's policies today, the minister responsible is confident future generations of BC families will continue to enjoy some of lowest electricity rates in North America.
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