Manitoba Hydro Posts $157M Net Loss due to Drought: 2023-24 Annual Report
October 8, 2024 Manitoba Hydro released its 2023-24 annual report which shows a consolidated net loss of $157 million attributable to Manitoba Hydro for the fiscal year ended March 31, 2024. This compares to a consolidated net income of $638 million the previous year. “Manitoba Hydro experienced drought conditions for the second time in three years,”…