Topic:"Energy Storage" in M12822

Investments Investments consist of a mix of guaranteed investment certificates, pooled fund investments, and investments in private equity. Pooled fund investments and guaranteed investment certificates are stated at fair value on a trade...

AI summary The text outlines the composition of investments, including guaranteed investment certificates, pooled funds, and private equity, with specific valuation methods for each. Pooled funds and certificates are valued at fair value, while private equity is measured at amortized cost. Short-term fixed income investments are classified based on maturity.

Other Revenue Effective April 1, 2022, the Corporation entered into a five-year contribution agreement with Natural Resources Canada to execute the Canada Greener Homes Grant Program. Effective April 1, 2023, the agreement was amended to i...

AI summary The Corporation has entered into a contribution agreement with Natural Resources Canada for the Canada Greener Homes Grant Program and the Oil to Heat-pump Affordability Program, with $79,051 recognized as revenue in 2023. Additional revenue sources include fee-for-service and other revenue, with investments in guaranteed investment certificates and pooled funds managed under HCi3's investment policy.