Kenora Hydro Records Surplus In Last Fiscal Year

Posted on Friday, September 29, 2017 13:21 PM

Kenora Hydro is recording a tidy profit on it's operations over the past year.

The utility held it's annual general meeting this week and is reporting a
net surplus of 271 thousand dollars.

President and CEO of Kenora Hydro Dave Sinclair says they will be funneling that money
back into their operations.

Sinclair says under provincial regulations they can only use their surplus to help pay for capital projects.