Talk:Hydro One

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Ontario Hydro[edit]

Why does Ontario Hydro redirect here? Given that Hydro broke up into five separate entities, shouldn't Ontario Hydro be a disambig with links to all five (rather than redirecting to the second-largest company of the five)? --Nucleusboy 12:39, 12 July 2007 (UTC)

I have recreated Ontario Hydro with the history of the company. It has links to the successor companies. Dabbler 14:10, 13 July 2007 (UTC)
I believe Hydro One is generally the same as Ontario Hydro, the offshoots (ie OPG...etc) were divisions of Ontario Hydro anyways. Someone correct me if i'm wrong. --Aequitas12345 —Preceding comment was added at 19:29, 14 November 2007 (UTC)
You are wrong :-). Legally there was no direct successor to Hydro. In fact OPG is by far the largest the ex Hydro companies (about 14,000 employees), Hydro One has less than half that number. What Hydro One originally kept was the old Ontario Hydro plug logo, since abandoned.
Ontario Hydro was split up according to the various functions so that OPG now operates all the generating stations (except for Bruce Nuclear), Hydro One operates the high voltage distribution system and some local distribution in rural areas and where they bought up local distribution utilities. The IESO operates the System Control Centre, the ESA dos the old Ontario Hydro safety inspections etc. etc. Dabbler 11:38, 2 December 2007 (UTC)

Private company or crown corporation?[edit]

Can it be both a private company and a crown corporation, I'm unsure and would like some clarification. I believe the two are mutually exclusive. Private company implies that it is privately held, and not owned by the government. The wording and explanation in the first paragraph is confusing.--UnQuébécois (talk) 16:33, 24 July 2011 (UTC)

It is a private company owned by the government! The company is structured like a shareholder owned company (in anticipation of possible privatization later) but there is currently only one shareholder, the Government of Ontario. A Crown Corporation is a government owned entity which is not structured with shares etc. Dabbler (talk) 00:01, 25 July 2011 (UTC)
According to the wikipedia article on Crown Corporations: "Their legal status varies from being a part of government into stock companies with a state as a regular stockholder.", and the article on Private corporations:"A privately held company ... is a business company owned either by non-governmental organizations or by a relatively small number of shareholders or company members which does not offer or trade its company stock (shares) to the general public on the stock market exchanges..." and as such it is a crown corporation.--UnQuébécois (talk) 00:58, 25 July 2011 (UTC)
By the definitions you suggest it is as I said both. It is a "A privately held company ... is a business company owned either by non-governmental organizations or by a relatively small number of shareholders or company members which does not offer or trade its company stock (shares) to the general public on the stock market exchanges..." where the relatively small number of shareholders is one, the Government of Ontario. There is an EITHER... OR in there, not an AND so the non-governmental part is only part of the definitions. Crown Corporations are normally defined as government owned organizations without stocks or shares. In fact Hydro One is legally "A Corporation established under the Business Corporations Act (Ontario) with a single shareholder, the Government of Ontario". Dabbler (talk) 02:33, 25 July 2011 (UTC)
The two are mutually exclusive, if a company's sole shareholder is the government, then it is a crown corporation. If you read further in the article about private company Private_company#State_ownership_vs._private_ownership it says just that. Also you can reference the Canadian encyclopedia online Crown Corporation, and the legislation of Ontario Crown Agency.--UnQuébécois (talk) 03:26, 25 July 2011 (UTC)

Fair enough, they seem to have changed the definition of Crown Corporation from the one I learned a number of years ago. Dabbler (talk) 13:55, 25 July 2011 (UTC)