Topic:"Equity Access" in M03632

4.0. Debt/Equity - 4.1. For purposes of this discussion we are referring to 1.2 (c). (Electronically submitted as exhibit 003) Stantec Consultants Group (a leader in renewable energy technology consultation) and Gardner Pinfold (a leading...

AI summary The text discusses challenges faced by the Mi'kmaq community in securing the required equity under the Synapse model, as highlighted by consulting firms Stantec and Gardner Pinfold, and reaffirmed by Grant Thornton. The Indian Act and poverty within the Mi'kmaq community are cited as key obstacles, except for tidal energy.

Section 37 states: - (1) Lands in a reserve shall not be sold nor title to them conveyed until they have been absolutely surrendered to Her Majesty pursuant to subsection 38(1) by the band for whose use and benefit in common the reserve wa...

AI summary Section 37 and 89 of the Indian Act restrict the sale, lease, and taxation of reserve lands and assets, limiting First Nations' access to capital and financial services. Amendments to section 89 have eased some restrictions, but challenges remain, including taxation differences between on-reserve and off-reserve businesses.

- equity. 1 NSUARB-BRD-E-R.10 Page 1137 Would you believe that contributions 20 before we get back to it. 21 MR. COUTURE: On that note, I would 22 reserve the ability to retain my independence from 1 Page 1140 NSUARB-BRD-E-R.10 THE CHAIR:...

AI summary The text discusses a regulatory proceeding involving equity considerations and expert testimony, with references to the Consumer Advocate's witness and differing views on the cost of equity. It includes dialogue between Mr. Couture and the Chair, as well as cross-examination by Mr. Livingston.

the project will actually make a return. - entertain that, has turned down applications that we've - put forward in that. I know that they've turned down - other people in a similar way. NSPI won't entertain those - kind of applications. -...

AI summary The discussion revolves around equity considerations in rate-setting, with Mr. Livingston arguing that equity is tied to the cost of equity, which influences rates. Mr. Doehler challenges the relevance of equity to the rates proceeding, questioning the evidence provided.

and equity. Page 1252 NSUARB-BRD-E-R.10 1 MR. MERRICK: Last area, 2 Mr. Livingston, that I want to explore with you is whether 3 you intend or your company intends to avail itself of 4 whatever COMFIT rate comes out of these hearings? 5 MR...

AI summary Mr. Livingston argues that the COMFIT rate policy creates ethical challenges and risks for small shareholders, particularly in community projects. He criticizes the government for not addressing these concerns and highlights the difficulty of forming a CEDIF without sufficient initial funding.

- DICTUM DIGITAL INC. CERTIFIED COURT REPORTERS small businessperson in Hamilton, where I grew up, and I 1 NSUARB-BRD-E-R.10 Page 1259 can only say that Nova Scotia is one of the strangest 2 places I've ever encountered for equity. And we...

AI summary The testimony discusses Nova Scotia's approach to equity and economic support, highlighting the government's provision of hundreds of millions of dollars to industries, while questioning why CEDIF players should expect different returns compared to regulated utilities like NSPI.

- DICTUM DIGITAL INC. CERTIFIED COURT REPORTERS and they say, "Well, it's just a high-risk project. You 1 NSUARB-BRD-E-R.10 Page 1263 know, it's small, you know, failures." And we say, "Oh, 2 the equipment comes with 12-year warranties. Yo...

AI summary The discussion highlights concerns about the risks and returns associated with investing in CEDIF versus traditional energy sources like NSPI, noting differences in risk profiles and ethical considerations. It also references Synapse's assumptions about project costs.