Tag: rate hike
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Nova Scotia Power Top Brass Skips Public Hearing on Rate Hike
Overview: The Hearing Without Nova Scotia Power’s Leaders In a notable departure from recent practice, Nova Scotia Power’s senior leadership did not participate in the upcoming public hearing that will shape whether a broad swath of customers will see rate increases in the current year and the next. The hearing, conducted by the provincial energy…
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Nova Scotia Power Leaders Skip Rate-Hike Hearing as Public Scrutiny Intensifies
Background: A New Approach to Oversight The public hearing on this year’s and the next year’s rate increase for Nova Scotia Power (NSP) marks a notable departure from recent practice. Traditionally, the company’s senior executives have attended proceedings to answer questions from the energy board, provide context for proposed tariffs, and reassure customers about reliability…
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Nova Scotia Power’s Top Brass Skips Rate-Hike Hearing, Rethinking Accountability
Context: Who’s at the Table and Why Their Absence Matters The public hearing into proposed rate increases for Nova Scotia Power (NS Power) has taken an unusual turn. In a break from recent tradition, the company’s most senior officials are not appearing at the sessions that determine whether customers will see higher electricity costs this…
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Sydney Councillors Quit Labor Amid Rate Hike Backlash
Background: A Local Hand in the Ledger The political tides in Sydney’s local government landscape have shifted after a decisive move by a key deputy mayor and another councilor who chose to leave the Labor Party. Their resignations come in the wake of a controversial rate hike proposal that has sparked broad public discontent and…
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Labor MPs resign from Sydney council amid rate hike backlash
Overview: Labor loses majority as resignations hit Sydney’s largest council In a surprising turn of events, key members within Sydney’s largest council stepped away from the Labor party amid furious debate over a proposed rate hike. The deputy mayor and another councillor quietly resigned, accusing their own party’s leadership of engaging in “politics at an…
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Yen Rallies as BOJ Rate-Hike Bets Intensify Ahead of Key Data
Yen Strength Bolsters Risk-Sensitive FX Landscape The yen outperformed its major counterparts as traders grew increasingly confident that the Bank of Japan will lift its benchmark interest rate this week. With market attention squarely on upcoming U.S. data, the Japanese currency traded higher, testing key resistance levels and signaling a shift in the long-simmering expectations…