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 signed a five-year agreement with Natural Resources Canada in 2022 for the Canada Greener Homes Grant Program, which was amended in 2023 to include the Oil to Heat-pump Affordability Program. Total funding is $233,926, with $79,051 recognized as revenue in the current year.
General Index of Financial Information Notes to the financial statements Other Revenue Effective April 1, 2022, the Corporation entered into a five-year contribution agreement with Natural Resources Canada to execute the Canada Greener Hom...
AI summary NS Power entered into agreements with Natural Resources Canada for the Canada Greener Homes Grant Program and the Oil to Heat-pump Affordability Program, recognizing $79,051 in revenue. Additional revenue of $473 was received from HCi3. Investments in GICs and pooled funds follow HCi3's investment policy, prioritizing principal preservation and optimized returns.